Posted by: msundermier | December 19, 2017

Record-Setting Home Prices

Last week I helped sell a home down the street from my own for a price never seen before in our neighborhood’s 24-year history. Obviously, home prices are soaring and certain pockets, like mine, are setting new price records.

CC 414

In fact, most of the country’s regions have fully recovered from the housing crash.  Most of California, including the Sacramento area, still has a bit more ground to cover before getting back to pre-crash levels.  Some communities, such as East Sacramento, have recovered better than others.  This chart shows how current median home prices compare to the previous peaks seen in certain markets.

1218 CC Graph

Don’t see your town?  Want to know how your city has fared?  Complete this quick survey and I’ll send you your community statistics (greater Sacramento area zip codes only).

Tune in to next month’s blog post for my 2018 Market Forecast and which locations may see home prices continuing to soar to new heights.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Categories

%d bloggers like this: