Data & Analysis

Market Insights

Monthly real estate market report for Sacramento, San Joaquin, and Solano counties — plus a closer look at Rio Vista

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Market Sentiment

Current Market Conditions

Buyer's MarketBalancedSeller's Market

More inventory, slower sales, price reductions

Supply meets demand, stable pricing

Low inventory, quick sales, rising prices

Latest Report

June 2026 Market Report

Data Publication Notice: Monthly market statistics are compiled and released by the California Association of REALTORS® approximately 3–4 weeks after the close of the reported month. As a result, the most recently available data is typically one month behind the current date. This report reflects the latest officially published figures.

County Comparison

Year-over-year performance metrics across the tri-county region

Sacramento

County
Growth

Median Price

$575,000+4.7% YoY

Sales Change

+18.3%

Days on Market

22

Inventory Supply

2.1 months

San Joaquin

County
Growth

Median Price

$566,000-2.0% YoY

Sales Change

+11.7%

Days on Market

24

Inventory Supply

2.9 months

Solano

County
Growth

Median Price

$590,000+3.1% YoY

Sales Change

+12.6%

Days on Market

44

Inventory Supply

2.2 months
Local Spotlight

Rio Vista Market Detail

Solano County's figures are shaped largely by Vallejo, Fairfield, and Vacaville. Rio Vista is its own market — smaller, more affordable, and moving at a different pace than the county headline suggests.

Different reporting basis: City-level data for Rio Vista is published as year-to-date through June 2026, with active listings reported as a monthly average across that period. The county figures above are single-month totals for June. These two sets of numbers measure different things and should not be compared directly.

Median Price

$444,000-2.4% YoY

Homes Sold (YTD)

115-2.5% YoY

Median Days on Market

61

Sales-to-List Price

99.0%

Active Listings (Monthly Avg)

94-2.8% YoY

Listings with Reduced Prices

38.0%

What This Means

  • A genuine affordability gap. At $444K, Rio Vista's median runs roughly $146K below the Solano County median of $590K — about 25% less for entry into the same county.
  • A slower, more deliberate pace. 61 median days on market against roughly 4.9 months of supply puts Rio Vista close to balanced — buyers here have negotiating room the county numbers don't show.
  • Pricing accuracy still matters most. Homes close at 99.0% of list — strong, but the only sub-100% figure in this report, and 38.0% of listings have already cut price.
  • Steady, not shrinking. Sales, prices, and listing counts are all within about 3% of last year — a stable market rather than a rising or falling one.

Months of inventory for Rio Vista is an estimate: average active listings divided by the average monthly sales pace implied by year-to-date closings (115 sales over six months).

Market Velocity

Median Time on Market

The median is the middle value when all listings are ranked by days on market—half sold faster, half sold slower.

Fastest

Sacramento County

22 days

San Joaquin County

24 days
Slowest

Solano County

44 days
Analysis

Regional Trends

June 2026 marks the strongest reading of the year so far, with all three counties posting double-digit year-over-year sales gains. Sacramento County led with 1,067 closed transactions—an 18.3% year-over-year increase—paired with a median price of $575,000, up 4.7% from a year ago. Solano County recorded 330 sales (+12.6%) and the region's highest median at $590,000, a 3.1% year-over-year gain. San Joaquin County matched the regional pace on volume with 460 sales (+11.7%), though its median price eased 2.0% to $566,000—the one soft spot in an otherwise broadly rising market.

Supply continues to tighten even as demand accelerates. Active listings fell year-over-year in all three counties—Sacramento −1.0%, San Joaquin −5.5%, and Solano −13.2%—leaving an estimated 2.1, 2.9, and 2.2 months of supply respectively, all well inside seller's-market territory. Sacramento remains the region's fastest market at 22 median days, San Joaquin held at 24 days, and Solano slowed to 44 days, the widest spread in the tri-county area. Sales-to-list price ratios sat at exactly 100.0% across all three counties. The counterweight is pricing discipline: the share of active listings with reduced prices climbed to 39.6% in Sacramento, 41.7% in San Joaquin, and 43.0% in Solano. Homes priced correctly from day one are still commanding full asking price quickly—those that aren't are increasingly sitting and cutting.

County-level figures can obscure what's happening in individual Delta communities. Rio Vista, for example, carries a year-to-date median of $444,000—well below the Solano County figure—and moves at a noticeably slower 61 median days. Local detail follows below.

Key Takeaways

  • Double-digit sales growth across all three counties — Sacramento +18.3%, Solano +12.6%, San Joaquin +11.7% year-over-year
  • Inventory shrank in every county — active listings down 1.0% in Sacramento, 5.5% in San Joaquin, and 13.2% in Solano year-over-year against rising demand
  • Sacramento and San Joaquin are the region's fastest markets at 22 and 24 median days on market respectively, while Solano trails at 44 days — all three at 100% sales-to-list price
  • Price reductions are climbing — 39.6% of Sacramento listings, 41.7% in San Joaquin, and 43.0% in Solano have cut price, making day-one pricing strategy decisive
Context & Perspective

The California Narrative vs. Local Reality

Headlines declaring California's housing market is in freefall draw from statewide and coastal data that tells a very different story than what's actually happening across Sacramento, San Joaquin, and Solano counties.

The Statewide Picture

California as a Whole

$823K

Statewide median home price — still far above local tri-county medians of $566K–$590K, skewed by coastal markets

40+

Consecutive months statewide sales volume has remained below 300,000 annualized units

−24%

Statewide transaction volume below pre-Great Recession levels across the 2023–2025 period

Tri-County Market

June 2026 Reality

3 of 3

Counties posting double-digit year-over-year sales gains — Sacramento +18.3%, Solano +12.6%, San Joaquin +11.7%

100%

Sales-to-list price ratio across all three counties — correctly priced homes are still commanding full asking price

22 & 24 days

Sacramento and San Joaquin median days on market — two of the fastest-moving sub-markets in the state, far from any crash scenario

Why the Disconnect Exists

01
Coastal Markets Dominate Headlines

The statewide median of $823K is heavily skewed by Bay Area and SoCal properties — far above local medians of $565K–$590K. Los Angeles and San Francisco data moves statewide averages in ways that simply don't reflect inland conditions.

02
The Coastal Rate Lock-In Effect

Roughly 80% of California mortgage holders carry rates below 5%, freezing inventory and buyer activity — an effect felt most acutely in high-cost coastal markets, not in inland regions where affordability and in-migration continue to drive demand.

03
Inland Markets Consistently Outperform

Sacramento and the broader Central Valley benefit from relative affordability, steady in-migration from pricier metros, and lower exposure to the rate sensitivity that plagues luxury coastal markets — structural advantages that persist regardless of statewide headlines.

Expert Outlook

This Isn't a Crash — It's a Freeze

Experts broadly agree there is no 2008-style collapse underway in California. What's happening is a structural volume freeze driven by rate lock-in and affordability strain — prices aren't collapsing, especially inland. And the forecasts for the region are decidedly optimistic.

3–4%

Projected statewide home price growth for 2026 — C.A.R. and Zillow consensus forecast

+11%

Forecasted 2026 sales rebound for Sacramento specifically — June's +18.3% YoY gain is well ahead of pace

~2.1 mo

Sacramento inventory supply — a seller's market threshold that historically precedes sustained price appreciation

In short, broad “California is crashing” articles are not wrong about the state as a whole — but the tri-county region is among those actively bucking that trend.

Supply Levels

Months of Inventory

A balanced market typically has 4-6 months of inventory. Below that favors sellers, above favors buyers.

2.1months

Sacramento

2.9months

San Joaquin

2.2months

Solano

Months of inventory is an estimate calculated by dividing active listings by the current month's sales volume. Official months of supply figures are not reported in this data set.

Personalized Advice

What Does This Mean for You?

Market data tells part of the story, but every buyer and seller situation is unique. Let's discuss how current conditions affect your specific goals and timeline.

Disclaimer: The market data, statistics, analysis, and commentary presented on this page are compiled from publicly available sources, including reports published by the California Association of REALTORS®, and are provided for general informational purposes only. This information is believed to be reliable but is not guaranteed to be accurate, complete, or current. All figures are subject to revision. Nothing on this page constitutes financial, investment, legal, or real estate advice of any kind, and should not be relied upon as such. Past market performance is not indicative of future results. Individual property values, market conditions, and outcomes may vary significantly. You should consult a licensed real estate professional, financial advisor, or other qualified expert before making any real estate or investment decisions. Christine Perkins makes no representations or warranties, express or implied, regarding the accuracy or completeness of this information and expressly disclaims any liability for errors, omissions, or reliance upon any content herein.