Sacramento Region Median Prices - July 2006
The first graph shows the percent change in median home prices for the Sacramento region's four counties. This includes single-family homes, condos, and new home sales. In July, all four counties experienced price depreciation on a yearly basis.
The second graph shows median prices for the region's four counties. Again, this includes single-family homes, condos, and new home sales. The diamond points represent price peaks.
3 comments:
FYI: For some reason, the data provided by DataQuick on dqnews.com differs from the DataQuick numbers published by the Sacramento Bee even though they purportedly measure the same thing: new and resale single-family homes and condos. For example, for July 2006, the Bee said prices in Sacramento County fell 5%, while dqnews.com lists the decline as 3.42%.
No. The Bee says -3.2% for resale single family homes.
All three numbers originate from DataQuick. However, the -5% and -3.42% figures both seem to be measuring the same thing (resale and new homes).
Here's a summary:
-5% (Bee/Dataquick)
Sacramento County saw California's steepest year-over-year fall in median home prices during July, according to DataQuick Information Services, a La Jolla-based researcher. The new survey shows that median sales prices for new and resale homes and condominiums in Sacramento County fell 5 percent below July 2005 levels.
-3.42%(dqnews/Dataquick)
"Reporting resale single family residences and condos as well as new homes."
-3.2% (Bee/Dataquick)
For existing single-family homes -- the largest segment of the sales market -- prices fell 3.2 percent below July 2005, to $353,250.
Perhaps the dqnews figure does not include new condos?
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