Arden Manor is another neighborhood in the Arden-Arcade area of Sacramento and has some of the least expensive homes in the area and in Sacramento County – below the median and average prices for the County. Two of the more affluent neighborhoods border it, Arden Park to the east and Sierra Oaks Vista to the south.
While the prices are modest, these homes, mostly built in the 50s, are small with 2-3 bedrooms. For the twelve-month period ending November 30, 2014, the average size of the approx 69 units sold was only 1,201 sq ft. The average sales price for the period was $189,243 and the median price was $183,000.
The breakdown of sales by number of bedrooms is as follows:
2-bedrooms – 14 units sold, average sq footage = 1,034, average sales price = $176,093
3-bedrooms – 46 units sold, average sq footage = 1,206, average sales price = $191,903
4-bedrooms – 9 units sold, average sq footage = 1,433, average sales price = $196,106
5+bedrooms – No units sold
Author:Sean Safholm BRE#01270334 Phone: 916-920-7000 Dated: December 30th 2014 Views: 159 About Sean: Sean Safholm started his career in real estate in 1999 when he was going to college to study real es...
Sean Safholm is a licensed Real Estate Broker in California. He is a real estate investor, broker, and seasoned mortgage pro. Sean has closed over 2000 transactions on the mortgage side of the business and a few dozen house deals for his own account. He has extensive knowledge on all sides of the real estate transaction and is here to assist first time buyers, move up buyers and investors with all their real estate needs.
The news came out a while back that Freddie Mac was suspending its new
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