I saw this sign yesterday while driving through the Anatolia neighborhood in Rancho Cordova. What do you think of this marketing strategy?
“Anatolia” is a newly-built HOA community in Southern Rancho Cordova located within the 95742 zip code. There are roughly 2000 housing units which have been built since 2005 and construction is still ongoing. Below you will find some of the latest real estate market trends in Anatolia as of today’s date.
The following graphs take the past thirteen months of sales into consideration and are based upon data provided through Sacramento Metrolist.
“Anatolia” in Rancho Cordova Real Estate Market Data:
Please feel free to give your two cents, ask questions, or provide any supplementary information or data by commenting above. You are welcome to contact me for additional information and questions too at 916-595-3735 or www.lundquistcompany.com
What has been happening in the Anatolia real estate market lately? Anatolia is a planned community located in the Southern territory of Rancho Cordova near Sunrise Blvd. & Douglas Rd.
Over the past 90 days there have been 93 sales within the Anatolia market area (95742 zip code of Rancho Cordova). These sales are depicted below on the graph:
There are currently 92 available properties in the Anatolia market (per MLS). It is possible that not all builders within Anatolia are listing their properties on MLS, though it is typical for them to do so in today’s market).
Anatolia Neighborhood Data in Rancho Cordova, CA:
The information above can be informative to the casual reader who is interested in local data, for the Anatolia home owner, and also for prospective home owners. If you are pondering the data and have questions or any sort of potential appraisal needs, please comment above or contact me at 916-595-3735 or www.lundquistcompany.com
Rancho Cordova and Gold River may share a zip code, but they are definitely distinct. The truth is that any city or area has certain neighborhoods or places where properties tend to sell for more for certain reasons – even if they do share a common zip code. This is true in portions of the 95670 zip code, which contains Gold River and portions of the city of Rancho Cordova.
The graph below analyzes the entire 95670 zip code and contains Gold River area sales in blue and Rancho Cordova sales in red (not 95742 zip code – “Anatolia” neighborhood of Rancho Cordova).
“Gold River HOA” excluding “Gold River Station” – 95670:
– 74 sales in past 12 months
– 12% of sales were bank owned
– 2.5% were short sales
– Low Sale: $235,000
– High Sale: $650,000
– Overall Median Price for Past 12 Months: $414,000
Rancho Cordova – 95670:
– 458 sales in past 12 months
– 64% of sales were bank-owned
– 12% of sales were short sales
– Low Sale: $71,150
– High Sale: $580,000
– Overall Median Price for Past 12 Months: $190,000
“Gold River Station” in Gold River – 95670:
– 17 sales in past 12 months
– 41% of sales were bank owned
– 1 short sale
– Low Sale: $263,000
– High Sale: $340,000
– Overall Median Price for Past 12 Months: $315,000
The data above is from mid-February 2009 and is based upon Sacramento Area MLS through a search of SFR properties. It is interesting to see a much higher foreclosure rate in the city of Rancho Cordova in the 95670 zip code in comparison to the Gold River community.
Lundquist Appraisal Company is based out of Rancho Cordova and knows the local area very well. We do also appraise properties within ten counties surrounding the Sacramento area. See www.lundquistcompany.com or www.ranchocordovaappraiser.com for more information.
NOTE: The lower Western portion of the Gold River area is comprised of an area called “Gold River Station”. Since Gold River Station is not a part of the Gold River HOA, it was prudent to look at data separately from Gold River.