A 13% drop in the headline price masks a 6.7% rise in per-square-foot pricing, suggesting buyers shifted toward smaller homes this spring.
With only four homes sold over three months, a single transaction can swing Newcastle's headline price — and this spring it swung sharply upward.
With only 10 homes sold in the three months ending April, a thin market pushed the median sale price up sharply from a year earlier.
Median sale prices in West Sacramento rose more than 12% from a year ago even as the price per square foot fell sharply, suggesting a shift toward smaller homes.
The university town's median sale price fell more than 6% from a year earlier even as competition stayed fierce, with more than 40% of homes still selling above asking.
Homes in the Yolo County city are selling in under two weeks even as the median sale price slipped more than 5% from a year earlier.
Median sale prices fell nearly 7% from a year earlier even as buyers returned in greater numbers, with listings taking four extra days to find takers.
Prices fell more than 8% year-over-year while sales jumped 31%, signaling that cheaper homes and lower mortgage rates pulled buyers off the sidelines.
Homes in the Sacramento suburb are selling in two weeks as inventory swells and sellers still command slightly above asking.
Homes are taking notably longer to sell than last spring, even as prices edge higher and buyers return to the market in larger numbers.