Lincoln’s listings are piling up faster than the region this spring
Active inventory rose nearly 7% from a year ago even as buyers snapped up more homes, giving shoppers a wider selection in an otherwise tight market.
Active inventory rose nearly 7% from a year ago even as buyers snapped up more homes, giving shoppers a wider selection in an otherwise tight market.
Sales climbed 21% from a year ago while prices fell nearly 10%, giving buyers more room even as the market stayed tight.
Sales volume in the college town rose 5.2% year-over-year and jumped nearly 14% from the prior period, defying a modest slide in the median sale price.
The City Council gave final approval to updated zoning and subdivision rules, hired a consultant to plan for future housing, and cleared a lot line for a Sierra Vista apartment project.
The small Yolo County city recorded just 11 sales in the three months ending June, down sharply from a year earlier, even as homes sold twice as fast.
The tiny market's median sale price dropped 45.5% year-over-year, though just four homes changed hands, a swing driven more by the mix of sales than any broad decline.
A shift toward larger or higher-value homes pulled the headline figure down even as per-square-foot prices climbed nearly 9% over the past year.
The number of homes for sale fell nearly 12% from a year ago, tightening an already competitive market where more than a third of homes are selling above asking.
County supervisors moved forward on several affordable and workforce housing agreements, greenlit bond financing for a homeless-housing provider, and reviewed the year's homelessness numbers during their July 14 meeting.
The typical Sacramento rent hit its highest level on record in June, yet the year-over-year gain of less than 1% marks one of the slowest stretches in recent memory.