Sacramento real estate market improves in June 2012
The Sacramento housing market is seeing marked improvements this summer, as June 2012 home sales pointed toward a recovering local economy. Prices and home sales are on the rise in the majority of neighborhoods in the greater Sacramento metro area. For potential homeowners looking for affordable property, one option is to buy in communities that feature less positive real estate figures - this could lead to a decreased price.
Check out homes for sale in Sacramento in these affordable neighborhoods:
1. Elverta. In the 95626 ZIP code, the median sales price of a home was $129,750 in June 2012, according to real estate research firm DataQuick. This is a 10.5 percent decrease from the previous month.
2. Wilton. This middle class community is in the 95693 ZIP code and had a median sales price of $331,500 in June 2012, according to the source. This is a whopping 31.9 percent cost decrease from one month earlier.
3. Sacramento. The 95837 ZIP code featured a median sales price of $355,000 – however, only one home sold in the entire area in June 2012. This is a 41 percent price decrease from the previous month, claims DataQuick