A peek into Sacramento’s farm-to-fork city
Discover Sacramento's Real Estate
One of the United States\' oldest incorporated communities, Sacramento, is the sixth-largest metropolitan area and the capital city of California. It is the cultural and economic core of California and its indigenous tribe, the Maidu tribe. The Maidu people are among the earliest inhabitants of the California region. Over the years, Sacramento has grown as both a political and economic power, thus promoting a thriving real estate market.
Culture, History, and Business
Sacramento has over three hundred years old New-Switzerland descent tradition. What started as an agricultural community by Sutter Fort, grew to become more than a little agrarian land into a city. Sacramento thus attracted investors who wished to invest in the farm town. Sacramento is also the cultural and economic core of the California area, with a vast majority of ruins from its past stored at The Crocker Art Museum, one of the oldest public art galleries in the United States. It is unquestionably the most significant arts institution in Sacramento. Indeed of the best deep-rooted cultural places to live in California for those seeking cost-effective places to raise a family.
The history of the city dates back to 1839 when. German-born Swiss pioneer John Sutter established the colony of Nueva Helvetia (New Switzerland) on the site, a Mexican land grant, and beginning in 1840, built a palisade trading post known as Sutter’s Fort (now a state historical park). His community, the area prospered as an agricultural area with a lot of contributions from Swiss immigrants. Sacramento’s economy multiplied during the gold rush of the 1850’s. The real estate market began booming during the gold rush era, with a large percentage of Swiss immigrants developing the city in the traditional Swiss architectural style.
The Sacramento of today is a large economic hub popular for its intensive agricultural activities. Asides a high level of agrarian involvement, other services such as food processing, electronics manufacturing, computer software production, tourism, and the manufacture of metal products and scientific instruments. Food processing and export in recent years has contributed to 35% of the city’s GDP. Most of its real estate activities revolve around providing apartments for the increasing number of the agriculturist and other professionals migrating to the city.
Real Estate Appeal
The Sacramento housing market is very competitive. Homes in Sacramento receive one offer on average and sell in around 23 days. The average sale price of a home in Sacramento was $340,000; these figures went up by 9.1% since last year. The average sale price per square foot in Sacramento is $235, with an 11.9% decrease since last year. The beauty of Sacramento’s real estate market is affordable housing making it one of the best places to live in California, especially for those seeking a cost-effective place to raise a family.
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