Realty reality
Median price for condos/homes in the Sacramento region (July)
$378,590
Percent one-year decline in home prices in Sacramento
3.7 percent*
Percent foreclosures in Sacramento increased in the second quarter of 2005 (648) to the second quarter of 2006 (1,352)
108.6 percent
Ratio of homes in Sacramento listed on a typical day in July vs. the number of houses sold
4-to-1
Percent decline in escrow closures in Sacramento from July 2005 to July 2006
45.2 percent
Number of new dwellings in Sacramento County from mid-year 2004 to mid-year 2005
11,951**
*Reports cite different statistics on the decline in home prices, varying from 2.4 percent to 5 percent, but most use the 3.7-percent figures, which may not include condo sales.
**16th-highest number in the United States.
Sources: California Association of Realtors, DataQuick News, Sacramento Associations of Realtors and Lyon Real Estate.
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