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Sacramento Real Estate Market Continues to Thrive

 
Posted Tuesday, April 15th 2014 @ 6am  by KFBK News

The Sacramento real estate market continues to thrive - with home prices and sales numbers that haven't been seen here since 2007. 

The average selling price of a home in Sacramento is now $300 thousand dollars. 

Lyon Real Estate President Pat Shea says 99 of the homes that were sold in March were in the $750 thousand and above price point - another statistic that hasn't been seen here in 7 years.

'There are a lot of people from inside and outside the area really interested in the solid values in the upper-end market - both in homes and in land,' Shea Says.

He says success in Silicon Valley continues to drive up prices in the Bay Area - which has home buyers turning to Sacramento as a place to call home.

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