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Elk Grove | June 2025 | Market Update

Dated: June 5 2025

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Weekly Newsletter Weichert, Realtors - Sierra Pacific Group

June 5th, 2025

Welcome to this week’s edition of the Weichert Weekly Newsletter! We’re putting the spotlight on Elk Grove. One of the fastest-growing cities in the region with great schools, parks, and a strong sense of community. Inside this issue: a quick market update, why real estate is still the #1 investment, and a curated list of homes for sale in Elk Grove. Let’s get into it!

 

Search Smarter in Elk Grove

If you’re browsing homes in Elk Grove, don’t rely on outdated listings or clunky apps. Our Homes – Sierra Pacific Group app gives you a faster, more accurate way to search, direct from the MLS.

You’ll get:

  • Real-time alerts on new listings and price drops
  • Private, ad-free browsing (no spam, ever)
  • Saved searches by school zones or neighborhoods
  • Direct chat access to our agents when you're ready to tour

Whether you're actively buying or just exploring, the app gives you an edge in this market.
👉 [Download it here] and take your home search to the next level. 

OR

👉  [Find it on Google Play]

 

 

Why Buying Real Estate Is Still the Best Long-Term Investment

Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering: does it really make sense to buy a home right now?

 

But here’s one thing that doesn’t get enough airtime. Real estate has always been about the long game. And when you look at the big picture, not just the latest clickbait headlines, it’s easy to see why so many people say it’s still the best investment you can make – even now.

 

According to the just-released annual report from Gallup, real estate has been voted the best long-term investment for the 12th year in a row. That’s over a decade of beating out stocks, gold, and bonds as America’s top pick.

And this isn’t new. Real estate usually claims the #1 title. But here’s what’s really interesting. This year’s results came in just after a rocky April for the stock and bond markets. It shows that, even as other investments had wild swings, real estate has held its ground. That’s likely because it gains value in a steadier, more predictable way. As Gallup explains:

 

“Amid volatility in the stock and bond markets in April, Americans’ preference for stocks as the best long-term investment has declined. Gold has gained in appeal, while real estate remains the top choice for the 12th consecutive year.”

 

That says a lot. Even though things may feel a bit uncertain in today’s economy, real estate can still be a powerful investment.

Yes, home values are rising at a more moderate pace right now. And sure, in some markets, prices may be flat in the year ahead or even dip a little – but that’s just the short-term view. Don’t let that cloud the bigger picture.

 

Real estate has a long track record of gaining value over time. That’s the kind of growth you can count on, especially if you plan to live in that home for a long time.

 

That’s part of why Americans continue to buy-in to home-ownership – even when the headlines may sound a little uncertain. As Sam Williamson, Senior Economist at First American, says:

 

“A home is more than just a place to live—it’s often a family’s most valuable financial asset and a cornerstone to building long-term wealth.”

 

Bottom Line

Real estate isn’t about overnight wins. It’s about long-term gains. So, don’t let the uncertainty in a shifting market make you think it’s a bad time to buy.  If you’re feeling unsure, just remember: Americans have consistently said real estate is the best long-term investment you can make. And if you want more information about why so many people think home-ownership is worth it, connect with me today.

 

Elk Grove Market Update

Here's the latest snapshot of the Elk Grove Housing Market | *Only Single Family Homes Reported - Previous 30 Days*

Buyer’s vs. Seller’s Market 

buyer’s market happens when there are more homes than buyers, slowing price growth. A seller’s market occurs when demand outweighs supply, leading to quicker sales and higher prices. A balanced market falls somewhere in between.

Market Update - Previous 30 Days*

Housing Supply: Elk Grove is sitting at 2.8 months of housing supply. With this number, Elk Grove is in a sellers market. 

Days on Market: 42

Average Sold Price: $662,000

Looking for market insights in another area? Contact me today. 

 

Elk Grove Homes For Sale 

 

Whats My Homes Value? 

The common question, "What's my home worth?" often conceals the real curiosity: "How much equity do I have?" We can help. Contact me today for a Professional Equity Assessment Report (PEAR).  I understand you might just want a quick online estimate, you can also check out our Home Value Tool online.

 

Expert Realtors at Your Service 

As part of our dedicated team at Weichert, Realtors - Sierra Pacific Group, I want to remind you that we have bilingual realtors fluent in both English and Spanish, ensuring you receive the best personalized service. Whether you're buying or selling a home, our knowledgeable team is here to support you every step of the way. If you or someone you know needs expert real estate assistance, please reach out to me. I'll connect you with the right specialist to meet your needs. 916.619.1971

Expertos Inmobiliarios a Su Servicio

Como parte de nuestro equipo dedicado en Weichert, Realtors - Sierra Pacific Group, quiero recordarle que tenemos agentes inmobiliarios bilingües, que hablan tanto inglés como español, asegurando que reciba el mejor servicio personalizado. Ya sea que esté comprando o vendiendo una casa, nuestro equipo conocedor está aquí para apoyarlo en cada paso del camino. Si usted o alguien que conoce necesita asistencia experta en bienes raíces, por favor contáctenos. 916.619.1971 Le conectaré con los el especialista adecuado para satisfacer sus necesidades.

 

Office Listings

6000 Cowden Court, Orangevale, CA, 95662 -  $739,500

Listed by Matthew Phelan - DRE #02160202

For more info please go to: https://6000cowdencourt.relahq.com

 

2025 Ranch Creek Road, Cool, CA, 95614 -  $815,000

Listed by Scott Kirk Owner/Broker - DRE #01879787

For more info please go to: https://2025ranchcreekroad.relahq.com

 

4990 El Camino Ave, Carmichael, CA, 95608 - $525,000 

Listed by Matthew Phelan - DRE #02160202

For more info please go to: https://4990elcaminoave.relahq.com

 

6224 Fowler Ave, Sacramento, CA, 95828 - $1,799,888

Listed by Matthew Phelan - DRE #02160202

For more info please go to: https://6224fowlerave.relahq.com

 

6781 Eaton Road, Georgetown, CA 95634 - $395,000 

(Commercial Land - 8.27 Acre Lot)

Listed by Rachael Taylor, Realtor®, DRE #02124356 and Scott Kirk, Owner/Broker, DRE # 01879787 

 

6743 Eaton Road, Georgetown, CA 95634 - $875,000 

(Commercial Industrial / Residential - 9.19 Acre Lot)

Listed by Rachael Taylor, Realtor®, DRE #02124356 and Scott Kirk, Owner/Broker, DRE # 01879787 

 

We are hiring! Do you know anyone looking to become a Realtor®? 

 

Weichert, Realtors® - Sierra Pacific Group is committed to helping people at every turn. Whether they're customers, searching for a home, or professionals, looking for a place to expand their real estate career, we are proud of our tradition of supporting others as they realize their dreams.

At Weichert, Realtors® - Sierra Pacific Group, our commitment to our agents is to inspire, challenge and support the as they strive for their personal best. 

 

If you are just getting started or are a season pro, we are confident that we have the tools and resources you need to grow your dreams!

 

We would love to get in touch with you about the unlimited potential and possibilities. We have partnered with Allied Real Estate School to offer preferred courses and packages, check them out here: Allied Real Estate School

That's all for this edition of the Weichert Weekly Newsletter! If you're in the market for a new home or just curious about the current real estate market, please don't hesitate to reach out to me. I'd be more than happy to assist in any way I can. 

Blog author image

Scott Kirk

Scott Kirk is the Broker/Owner of Weichert Realtors – Sierra Pacific Group (SPG), a family-owned, full-service brokerage based in Folsom. A REALTOR® licensed since 2010, he has closed more t....

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