Sacramento home prices continue climbing in June

Published: Friday, Jul. 12, 2013 - 9:37 am
Last Modified: Thursday, Sep. 12, 2013 - 9:20 am

The median price of homes selling in the Sacramento area continues to rise.

The median sales price in Sacramento County and the city of West Sacramento in June was $245,908, up from $240,000 in May, according to a new report by the Sacramento Association of Realtors.

The latest median is nearly 23 percent higher than $200,000 reported in January and 44.5 percent above the $170,229 median in June 2012.

A decrease in sales volume brought the total number of closed escrows to 1,522 last month, down from 1,672 units sold in May. Of the June total, 1,119 were conventional sales.

Homes priced between $200,000 and $299,999 accounted for about a third of June sales.

Call The Bee's Mark Glover, (916) 321-1184.

Read more articles by Mark Glover

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