The Blog Author

Ryan Lundquist is a Certified Residential real estate appraiser serving the Greater Sacramento Region. He is FHA approved and does work for brokers, banks, governmental agencies, Realtors, attorneys, home owners and more. Ryan speaks some Spanish too.

Get a Text Message Reminder for Property Tax Appeal Deadlines (if you live in the Greater Sacramento Region, Central Valley, or Bay Area)

Phone number


*Standard text messaging rates may apply from your carrier. We will not call you or give your phone number to anyone. This is a simple and helpful reminder for you.

Property Tax Appeal Video

Advertise on Our Website

We are always looking for additional companies that would like to advertise on our website. Our rates are very reasonable. Contact us today at 916-595-3735 for details.

Appraisals for Divorce

We Do Appraisals for Estate Settlement


The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist. The information on this website is meant soley for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation or any other potential appraisal-related purpose. The material found on this website is meant for casual reading only. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose, please contact us for more information. Thank you.

Gold River Market Trends: Past 3 Years of Sales

What’s been happening in the Gold River real estate market over the past several years? Gold River is a census designated place located just east of Rancho Cordova, south of the American River, and north of Highway 50. This HOA community has 25 separate villages and a combination of detached and attached housing – all single family residential. Gold River has the lowest unemployment rate in Sacramento County right now at 2.1% as of September 2009, but that does not mean that home values have been unaffacted.

Gold River Sales 2006 to 2009 Trend Graph by Lundquist Apprasial Company

What do you notice about the graph above? It looks like the upper end of the market above $550,000 has pretty much disappeared during 2009. It’s also evident that in the midst of a downward trend over the past several years that there have been few sales under $300,000. What else do you see? If you are a local Realtor or home owner in Gold River, what insight do you have into your market, and why is Gold River desirable to buyers in the marketplace (as a real estate appraiser, I love to hear people respond to questions like this)?

Gold River Real Estate Market Data:

  • 251 sales over the past 3 years
  • 62 sales over the past 12 months
  • 13 sales over the past 90 days
  • 11% of all sales over the past 12 months were REO (bank-owned)
  • 3% of all sales over the past 12 months were Short Sales
  • 29 current active listings
  • 13 current active short sale listings
  • 6 current pendings

The lower Western portion of the Gold River area is comprised of a subdivision called “Gold River Station”. Since Gold River Station is not a part of the Gold River HOA, it was prudent to look at data separately from Gold River. Sometimes outsiders to the area get confused about Gold River Station and therefore lump it in with Gold River, but it’s not a part of the Gold River neighborhood.

Gold River Station Sales 2006 to 2009 Trend Graph by Lundquist Appraisal Company

It’s not hard to see that there is a big value difference between Gold River and Gold River Station. Whereas there are few sales under $300,000 in Gold River, it appears that most recent sales in Gold River Station sold under $300,000. What else do you notice when comparing the graphs?

Feel free to contact me at 916-595-3735 or if you have any questions about the local real estate market or any appraisal needs. Gold River Market Trends: Past 3 Years of Sales


Tags: , , , , ,


Enter your email address to get posts delivered by email:

Delivered by FeedBurner

Bankruptcy Appraisals

Post Categories

Post Archives

Follow SacAppraiser on Twitter

A Tour of Capital Village


PH: 916-595-3735
FAX: 916-361-1964