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DataQuick: Median Home Price Hits Landmark



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(Sacramento, CA)
Thursday, April 18, 2013

DataQuick says the median price for all Sacramento County homes in March was $205,000.

That was up by $15,000 from February and it was a 30% increase from the same time last year. It's also the first time in nearly five-years that the median was more than $200,000.

DataQuick analysts attribute the results in March to demand continuing to outstrip supply.

The firm says there were 1,911 homes for sale in March, 211 fewer than February and a 10% drop from the same time last year.

Within the eight-county region, Sacramento had the highest year-over-year increase in the median price, followed by El Dorado and Yolo counties at 25% each and Placer County at 20%.

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