Vintage Park Area of Sacramento (95828 and 95829 zip codes)

Ryan Lundquist — Mon, 15 Jun 2009 13:50:02 +0000

The Vintage Park area of Sacramento is located just North of the city of Elk Grove (Calvine Road) off of Elk Grove Florin Road. The Western side of Elk Grove Florin Road is the 95828 zip code and has homes that were constructed originally with wood shake roofs and built in the late 80s to early 90s typically. Below is an image of the neighborhood boundaries of the 95828 Vintage Park area.

Vintage Park Real Estate Market Data in 95828 zip code:

27 sales over past 90 days
8 current active listings
14 current short sale active listings
21 current pending listings
Low Price over past 90 days: $102,500
High Price over past 90 days: $205,000
Median Price over past 90 days: $149,000

East of Elk Grove Florin Road is the 95829 zip code and this portion of housing is really a different real estate market than the 95828 portion of Vintage Park as houses are often several years newer and have tile roofing.

95829 Zip Code Real Estate Market Trends:

68 sales over past 90 days
11 current active listings
55 current short sale active listings
44 current pending listings
Low Price over past 90 days: $111,000
High Price over past 90 days: $295,000
Median Price over past 90 days: $170,000

The graph below records all sales in the 95828 zip code (red) and all sales in the 95829 zip code (blue) as shown above in the defined boundaries. What do you notice? What stands out to you?

Elk Grove Florin Road is the dividing street between both of these areas and overall it appears that there is a difference in median price level as well as inventory in the 95828 and 95829 zip codes. It’s always interesting to see how crossing one major street can make a difference in real estate data and potentially home values. This is not a situation where one of the zip codes above is the “other side of the tracks”, but we do see a principle at hand that the best comparables are usually those closest to home because the further away you go (even just across one main street), the more likely you are to enter into other markets. If you have any questions or a need for more detailed research or a real estate appraisal, please contact me (Ryan) at 916-595-3735 or LundquistCompany@gmail.com

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Vintage Park Area: Sacramento

Ryan Lundquist — Sun, 22 Feb 2009 23:21:15 +0000

It’s interesting to take a look at what the market is doing in a neighborhood by comparing sales over the past months as well as current listings. Here is a graph I made this afternoon on current sales over the past year within the Vintage Park neighborhood in the Sacramento area (95828 zip code only – not 95829). The blue dots are sales and the red dots are current listings. Click the following thumbnail image to enlarge:

Vintage Park Neighborhood Data:

56 current listings
64% of current listings are bank-owned
21% of current listings are short sales
5 listings priced under $125K
13 listings priced between $125-150K
12 listings priced between $150-175K

The data was taken from Sacramento MLS and is based upon detached single family residential properties within the following boundaries: Calvine Road to the South, UP RR to the West, Elk Grove Florin Road to the East, & Vacant Land to the North.

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The Lundquist Appraisal Blog » Vintage Park

Vintage Park Area of Sacramento (95828 and 95829 zip codes)

Vintage Park Area: Sacramento