June 2026 - Placer County real estate udpate

June has arrived and the kids are back at home for the summer. Bond market yields are up, which could indicate some financial market stress. Jobs production also came in higher than expected, and both PPI & CPI (inflation number) are up and running hotter.

The middle East conflict and the bottleneck at the Strait of Hormuz are putting pressure on markets globally and supply chain issues are becoming common for many global markets. 

This pressure may not directly translate to the Sacramento market, but it does come into play in the form of mortgage rate pressure, and buyer hesitation in making purchase decisions.

Tri county 

Homes for sale increased by 9.8% in May, following a seasonal pattern of increasing listing inventory for spring. This is 6.2% lower than last year though, and the market continues to feel the impact of gas prices and mid-east conflicts.

Pendings rose by 5.7% in a typical move for May, and 11.6% better than 2025. In spite of stubborn mortgage rates in the higher 6’s, many buyers are making the decision to move forward instead of waiting. 

Home sales dropped 3.4% due to higher volatility and financial concerns from 30 days ago. 

Days on Market improved by 5.6% from 36 to 34 days, and the List Price to Sold Price ratio increased held at 99%. Homes are still taking 1 day longer to sell than 12 months ago, supporting my expectation of a similar year to 2025.

The Median Sold price of Single Family Homes increased 1.7% to $610,000, which is also $10,000 improvement over 1 year ago. I’m curious to see if price appreciation outperforms 2025, or if we see another flat year. The Average sold price also rose by 3.4% month over month. 

The Months of Inventory increased from 2.1 to 2.4 months, not a huge change, but still in line for seasonal trends. If inventory levels start getting closer to 4 months we could see more of a shift to a TRUE Buyers market. 

Late May and early June are seeing a little increase in overall activity which is a positive sign for the Sacramento real estate market.

Placer County

Residential homes for sale increased by 8.3% for May, which is 11% less than last year. Pendeds jumped 10.3% from March to April, but it’s a little better than pending activity from 2025.

Sold homes increased 9.9% after strong buyer activity in April.The number of homes Sold also rose 3.9% over the same month last year. 

Days on market improved from 41 to 34, a 20.6% improvement. The List Price to Sold Price fell back to 98% from 99%, which is showing the pressure that inflation, oil prices, and the Iran war are putting on the housing market.

The Median Sold Price for Single Family Homes rose by 2.1% from $675,000 to $689,000. A 3.6% improvement over this time last year. This tracks for the traditional seasonal movement in the area.

The inventory levels trimmed down by a modest 4.4% from 2.3 to 2.2 months, which is about 15% lower inventory than this time last year. So if you find it hard to find the right home, it’s not just you!

May is showing strength overall, but the sales volume and inventory levels just arent there for 2026. 

If you’d like a PDF report for your local area, comment with your zip code, and I’ll send it over!