Home sales year-over-year decreased in most counties in the Sacramento region in September. Sacramento County sales decreased 12.9 percent; only El Dorado, Sutter and Yuba counties showed increases.
While there were fewer homes sold than in recent years, prices remained high as inventory remained tight. The median resale home price in Sacramento County increased 8.1 percent compared to 2016.
The after-summer sales slump did not affect the price of detached homes, which rose for all counties in the region in September. The 95602 ZIP code, north of Auburn in Placer County, had the largest year-over-year increase in median sales price for ZIP codes in the region that had more than 10 home sales. The median sales price in that area rose to $629,000 in 2017, an increase of 63 percent from $385,000 in September 2016. Auburn’s 95603 also saw a large increase.
Sacramento County’s largest median home price increase occurred in North Sacramento. In September 2016, the median-priced home in the area cost $169,500. One year later, the 95815 ZIP code’s median price was up 28 percent to $217,500.
Roseville’s 95747 ZIP code once again led the region in home sales with 120 in September (compared to 142 in August). The median home price there was up 1 percent over the previous year. Other active ZIP codes included Lincoln, with 114 home sales, and Folsom, with 96.
The median sales price can change according to monthly increases and decreases in home prices and the types of homes sold. It can vary wildly in areas with relatively few homes sold.