Santa Barbara rents rose 3.1%, running ahead of the wider region
Median asking rents climbed 3.1% over the past 12 months, running ahead of the roughly 2% pace seen across the wider region, according to Zillow data.
Median asking rents climbed 3.1% over the past 12 months, running ahead of the roughly 2% pace seen across the wider region, according to Zillow data.
The Lincoln City Council moved forward with amendments to two large master-planned neighborhoods and met privately to discuss a land deal with an affordable-housing developer.
The Planning Commission has recommended that the City Council amend the city's zoning code, teeing up a final decision on how certain specific uses are regulated across Rancho Cordova.
The city's median sale price rose 3% year over year to nearly $515,000, a modest gain that stood out against softer price trends in many nearby markets.
Homes lingered nearly a week longer on the market than a year ago, while sales volume climbed 11% and prices eased slightly, according to newly released Redfin data.
Sales in the affluent Placer County community slipped slightly from a year ago, but a strong spring-to-summer pickup and steady 21-day sale times point to a market still tilted toward sellers.
The headline price dropped more than 11% from a year ago, yet the price per square foot rose, pointing to a shift toward smaller homes rather than a broad market decline.
The town's headline sale price surged past $799,000 in July, yet a far smaller rise in price per square foot suggests buyers were simply purchasing larger homes.
Even with sales volume roughly flat and inventory rising, homes in Citrus Heights are selling three days quicker than last summer, keeping the market tilted toward sellers.
The city's median sale price fell 5.1% from a year earlier, one of the sharper declines in the region, while sales climbed and homes changed hands slightly faster.