ROSEVILLE - A total of 585 new homes were sold during the month of May in the greater Sacramento region, the North State Building Industry Association reported today. The sales were reported in 157 subdivisions in the six-county Greater Sacramento region from Marysville and Yuba City in the north to Galt in the south. In addition, 15,488 people visited active new-home communities last month. To view historical Sales and Traffic data.
BIA Communications and Engagement Manager Morgan Davis is encouraged by the results for May of this year.
"The North State BIA members averaged nearly 30 more sales per week this May, compared to the same month last year." Davis continued, "In addition to the growth in sales, the model home traffic was 2,000 people higher than the year before. This continued growth in the first half of 2019 has been encouraging to the BIA members and the industry as a whole."
Historic May Sales Review
The chart below offers a 10 year look-back on sales in the month of May.
New Home Sales by Region
The North State BIA's sales report is compiled through a collaborative effort between association staff and homebuilders, who provide regular reports based on escrow closings. The chart below breaks down regional sales for May.
Price Point Data
As part of its monthly sales analysis, the North State BIA also records the price points for new homes sold. The May price points for new home sales can be seen in the chart below.
Permit totals are subject to change due to post-reported County/City activity and/or post-adjusted data submitted to CIRB by the reporting municipality. CIRB statistics are formally published at the end of the month in the California Construction Review (CCR) report. Please contact (916) 340-3346 or
CHF-CIRB@mychf.org for additional information.
About the North State BIA: The North State BIA is the leading advocate for the home building industry in the greater Sacramento region. Representing more than 530 members, including 55,000 industry jobs, the North State BIA is committed to preserving and furthering the economic interests of its members, while also working to enhance the industry's standing as a significant contributor to the regional economy.
