<p>^^ My job involves working with real estate agents and brokers, and while no one can predict the future, the sense among the professionals is that the Sacramento market isn’t going to recover any time soon. Unemployment is stubbornly high, and prices are still falling.
[Median</a> home price drops in Sacramento-area sales | Sacramento Bee](<a href=“http://www.sacbee.com/2011/07/15/3771164/median-home-price-drops-in-sacramento.html]Median”>http://www.sacbee.com/2011/07/15/3771164/median-home-price-drops-in-sacramento.html)</p>
<p>CardinalFang: My bad. When I searched initially, I only selected downtown/midtown Sacramento (which is probably the location of the house the OP is interested in). The MLS does show several hundred listings in the greater Sacto area.</p>