SACRAMENTO (CBS13) — Home values were flat in Sacramento in April, according to the real estate company Zillow.
That marks the first month prices have not risen in Sacramento since February 2012.READ MORE: Firefighters Make All-Out Effort to Contain Explosive River Fire Near Colfax
Zillow says, nationwide, home values dropped in April, another first since 2012.READ MORE: 'Everything Is Gone': Colfax Residents Lose Homes In Devastating River Fire
The median home value in Sacramento is $411,500.MORE NEWS: Search For Bear Injured In Tamarack Fire Continues After Wildlife Rescue Escape
There were, however, 89 fewer homes on the market in April, year over year. That translates to a 1.3% drop in inventory.