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Local Counties Saw Double-Digit Increases In Home Values, Decreases In Sales Volume

  •  Steve Milne 
Wednesday, May 24, 2017 | Sacramento, CA
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Some Sacramento area counties saw double-digit increases in home values and decreases in sales volume last month. 

Sutter County saw the biggest home sales drop in April. Only 89 homes sold last month, down nearly 30 percent from a year ago when 125 homes sold.

Placer County saw a 13.5 percent drop, and in El Dorado County sales were down nearly 12 percent. Sacramento County experienced a 3.6 percent drop. But research firm CoreLogic says low home inventory, low mortgage rates and job growth kept prices surging.

Sacramento County's median price of $317,000 was up 7.5 percent from a year ago. Yuba County had the biggest increase at nearly 18 percent. Other counties with double digit price increases include: El Dorado, Nevada and Sutter.


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Steve Milne

Morning Edition Anchor & Reporter

Steve is the Morning Edition anchor for Capital Public Radio. He covers stories on a wide range of topics including: business, education, real estate, agriculture and music.  Read Full Bio 

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