Davis home prices fall $132,000 from a year ago as sales pick up
The college town's median sale price dropped 16.2% year-over-year in March, even as buyers moved faster and inventory grew.
The college town's median sale price dropped 16.2% year-over-year in March, even as buyers moved faster and inventory grew.
A 13.6% year-over-year price gain pushed Woodland's median sale price well above the statewide trend, even as inventory grew and homes sold faster.
A drop in prices combined with lower mortgage rates means buyers in Elk Grove are paying $438 less per month than they were a year ago, even as homes sold 11% faster.
Newly released March data shows prices down 14.8% year-over-year, even as homes sold faster and buyers saved roughly $578 a month compared to last spring.
Buyers gained ground in March with more listings and lower prices, even as homes continued to sell quickly and nearly half closed above asking.
Buyers paid less overall in March, yet price per square foot jumped nearly 15% year-over-year — a sign the mix of homes selling has shifted.
The median sale price jumped to $705,000 in March, but tighter inventory and a thinner sales pace point to a more selective spring market.
A March surge in sales and a sharp drop in time-on-market signal that Folsom's spring buying season has arrived in force, with sellers regaining leverage.
Active listings fell sharply year-over-year in March, tightening the market even as the median sale price slipped 3.3% to $629,000.
The median home took 23 days to sell in March, up from 17 a year earlier, even as sales picked up and prices held nearly flat.