Showing posts with label Citrus Heights CA. Show all posts
Showing posts with label Citrus Heights CA. Show all posts

Friday, September 14, 2007

Sacramento County Market Update - Citrus Heights (95610, 95621)

The median price for Citrus Heights single family homes has fallen 8.3% from last year. In 2006, 685 houses sold for a median price of $335,000. As of today, there are 446 sold houses for a median price of $307,000, 60 houses pending sale and 461 houses on the market for prices between $102,000 to $849,000 for a median price of $309,000.

Perhaps the most important number here is the median price of the pending sales which is $279,000 suggesting that price more than any other factor is determining which houses sell. Also, as noted in Elite Properties' list of foreclosures, there are 149 bank-owned homes (REOs) for sale in Citrus Heights.

The median price of condos has fallen 10% from $250,000 last year. Citrus Heights saw 132 sold condos in 2006 as compared to 85 this year so far with 12 pending sale.There are 84 condos still on the market for prices between $109,900 and $350,000.

If you're a first time buyer, condos in Citrus Heights is not a bad place to start your search.

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