California

Map: 2022 house price changes in the Sacramento, CA area

Map:

Homes under construction are in the foreground on Fortaleza Avenue, with more completed homes behind them, as seen in a drone photo of the Madeira Meadows development on the south side of Elk Grove on Wednesday, November 17, 2021. I have. New data shows how much home prices have changed across the region since last year.

xmascarenas@sacbee.com

Home prices in the Sacramento area have fallen in recent months. However, a new map using data from Zillow shows values ​​are still rising in many corners of the region compared to last year.

The interactive map below shows how median house prices have changed for nearly every zip code in the Sacramento area and Lake Tahoe Basin.

Values ​​are available for all of the area’s largest communities, including Davis, Elk Grove, the Hillsides of Eldorado County, and Roseville. This indicates modest price increases in many of the southern suburbs of Placer County, the Hill Country, and some areas of Sacramento.

Sacramento real estate appraiser and market analyst Ryan Lundquist reported this week: Average prices in the four-county Sacramento area are down 1.6% from last year., with a median of $550,000 in November 2022. However, the decline since the beginning of the year has been dramatic. The region’s median is down 12% from his peak of $625,000 in May, according to Lundquist data.

The map below will be updated monthly as new data becomes available.

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Ryan Lillis is responsible for housing, real estate and development for The Sacramento Bee. He’s been a journalist at The Bee since 2006, previously covering crime, City Hall, Wildfire, and the Central Valley, and serving as associate editor. A native of upstate New York, he graduated from the School of Journalism at the University of California, Berkeley.



https://www.sacbee.com/news/business/real-estate-news/article269977602.html Map: 2022 house price changes in the Sacramento, CA area

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