Sacramento home prices rise 8.1 percent - Sacramento Business Journal:

http://www.0et0.com/2006/babynames/bm-bz.html
percent in May. The numbers compare to figures from Apriklof 2009. The median price of homezs sold in the Sacramento regionwas $180,940 in May comparecd to $166,284 in April. The figures still are much lowed -- 22.4 percent lower -- compared to May of last Sales locally also pickedup 1.5 percentt over April and were 4.8 more than May of 2008. Nine Californiq cities individually posted price gainzs duringthe month, CAR said A separate CAR report also showed that the inventorgy for single-family homes in the statr has shrunk dramatically in the past year, but homez nonetheless are taking longer to CAR’s Unsold Inventory Index for existing, single-familg detached homes in May was 4.
2 months, compareed with 8.7 months for the same period a year ago. The indes indicates the number of monthws needed to deplete the supplh of homes on the market at the currengtsales rate. The median number of days it took to sella single-familhy home was 53.5 days in May, compared with 49.2 days for the same perios a year ago. The report showed that the numbee of sales increased statewide in Mayby 35.2 percent to a seasonally adjusted rate of 556,590p on an annualized basis while the median price of an existing, single-family detached home droppeed 30.4 percent to $267,570. The price in May was up 4.2 percentg from April’s median.