June 18, 2018


ROSEVILLE - A total of 359 new homes were sold during May in the greater Sacramento region, the North State Building Industry Association reported today. The sales were reported in 139 subdivisions in the six-county Greater Sacramento region from Marysville and Yuba City in the north to Galt in the south.  In addition, 13,510 people visited active new-home communities last month. Historical sales and traffic data can be viewed here.

BIA President and CEO Michael Stech said the sales and traffic figures demonstrate the demand for new homes continues to grow.

"Traffic and sales both slipped back a bit from April but month-to-month fluctuations are normal. Our builders are still seeing strong demand and with a number of new-home communities coming on line later this year, we expect 2018 to be a solid year in the region," Strech said.

Historic May Sales Review
The chart below offers a 10 year look-back on sales in the month of May.
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 May.
Price Point Data
As part of its monthly sales analysis, the North State BIA also records the price points for new homes sold. The May price points for new home sales can be seen in the chart below.
Regional Permit Data
The California Homebuilding Foundation's (CHF)  Construction Industry Research Board (CIRB) regional permit data for May can be viewed here.

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. 
North State BIA