Through the end of August, total sales volume in 2023 has reached only $1.1 billion. That is a far cry from the past two years, as the market totaled $5 billion and $4.8 billion in sales in 2021 and 2022, respectively. Sales activity is down across all sectors, with the starkest decline in the multifamily and office sectors.
Multifamily, Office Sectors See Striking Decline in Sacramento
Industrial Sites Remain the Darling Despite Slowing Demand
By Will Austin
CoStar Analytics
September 8, 2023 | 5:39 P.M.
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- Properties
- Bldg C
11971 Foundation Pl, Gold River, CA