Sacramento's median home price up 22.6 percent, but sales drop 11.3 percent

by Mary Lynne Vellinga
mlvellinga@sacbee.com
Published: Friday, Mar. 15, 2013 - 12:00 am | Page 6B
Last Modified: Sunday, Mar. 17, 2013 - 11:25 am

Home buyers are increasingly willing to spend more on houses – if only they can find one to buy.

Sacramento housing prices continued their march upward in February, but scarcity of homes for sale defined the market in many neighborhoods. The median price of a house in Sacramento County jumped 22.6 percent in February from the same month of 2012 – from $155,000 to $190,000, according to San Diego-based DataQuick, a real estate tracking firm.


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