Carmichael Homes and the Carmichael Real Estate Market

Posted by Phil Boren on Sunday, May 28th, 2017 at 6:11pm.

Carmichael, CA homes for sale - the Carmichael area in Sacramento County features a wide range of home prices, from around $200,000 to over $3,400,000. As of this writing there were 200 Active listings in Carmichael, with an average list price of about $600,000. Homes with views on the American River tend to command the highest price, like the listing on Claire Dr. for $3,495,000.

Carmichael, CA Homes For Sale

In the past 90 days or so, according to MetroList there have been 187 Carmichael homes sold, with the highest sales price being $1,390,000 and an overall average price of about $407,000. The average sales-price to list-price ratio was 99.87% during this period, which speaks to the general strength of the market. This is generally highly dependent on the price point involved, with some concessions seen from list price in the higher-end market.

If we segregate the overall data by price range and use, say, $900,000 as the baseline for luxury homes in Carmichael, the sold data shows that there were 5 homes sold during the last 90 days, with an average sales-price to list-price ratio of 94.2%, slightly lower than the overall market.

If you or anyone you know is looking to buy or sell a home in the Carmichael area, contact Phil Boren today at 916-960-8895 and explore all your options!

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Phil Boren
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