Sacramento County’s median price for resale homes rose by nearly 14 percent in January compared to the same month last year, though the number of sales slumped from December in a typical seasonal pattern, CoreLogic reported Thursday.
The double-digit percentage increase in the median price of resale detached homes in the county was partly a result of overall rising prices and partly a change in the mix of homes sold, LePage noted. The median is the price at which half of homes sell for more and half sell for less. It was $330,000 in Sacramento County in January, up from $290,000 in January 2017.
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