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
http://www.lundquistcompany.com/blog Vintage Park Area of Sacramento (95828 and 95829 zip codes)
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