ROSEVILLE - A total of 425 new homes were sold during January in the greater Sacramento region, the North State Building Industry Association reported today. The sales were reported in 144 subdivisions in the six-county Greater Sacramento region from Marysville and Yuba City in the north to Galt in the south. In addition, 11,726 people visited active new-home communities last month.
BIA President and CEO Michael Strech said as anticipated sales and traffic has increased since the beginning of the year.
Historically we see an upswing in sales and traffic after the first of the year and 2019 is falling in line. Average sales per week increased by more than 20 homes over December. We are excited about the projects that are open currently and are coming down the pipeline this year." Strech said.
Historic November Sales Review
The chart below offers a 10 year look-back on sales in the month of January.
New Home Sales by Region
The North State BIA's sales report is compiled through a collaborative effort between association staff and homebuilders, who provide regular reports based on escrow closings. The chart below breaks down regional sales for January.
Price Point Data
As part of its monthly sales analysis, the North State BIA also records the price points for new homes sold. The January price points for new home sales can be seen in the chart below.
Permit totals are subject to change due to post-reported County/City activity and/or post-adjusted data submitted to CIRB by the reporting municipality. CIRB statistics are formally published at the end of the month in the California Construction Review (CCR) report. Please contact (916) 340-3346 or
CHF-CIRB@mychf.org for additional information.
About the North State BIA: The North State BIA is the leading advocate for the home building industry in the greater Sacramento region. Representing more than 500 members, including 50,000 industry jobs, the North State BIA is committed to preserving and furthering the economic interests of its members, while also working to enhance the industry's standing as a significant contributor to the regional economy.