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  • Frank Tadych

Sacramento home prices still trending


Sacramento County home prices continue to trend in the right direction.

According to data released by real estate market tracker CoreLogic, Sacramento continues to show the anticipated signs of a strong market due to high buyer demand as we head into 2017.

The median sales price in Sacramento County for November resale transactions was up slightly ($307,750) over October, but showed a gain of nearly 11 percent from November of last year. Resales of single-family homes in the county were up more than 24 percent from November of 2015.

Those trends outpace the nine-county Bay Area, which showed a 19.4 percent increase in sales volume since November 2015 and a 7 percent increase in median price paid for all homes sold.

Some of the areas and neighborhoods in the Sacramento region that showed the greatest increases - more than 25 percent as represented in dark blue above - include East Davis, West Sacramento, Land Park/Curtis Park, Tahoe Park and Parkway-South.

Visit this SacBee.com article for more detailed county analysis.

#California #Investing #MarketTrends #MedianHomePrice #TopRealEstateMarkets #Sacramento