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: International Women's Day: Celebrating Women In The Air Force
Zillow says, nationwide, home values dropped in April, another first since 2012.READ MORE: Stockton Gets Poor Ranking In New ‘Happiest Cities’ Study
The median home value in Sacramento is $411,500.MORE NEWS: Bernie Sanders Says ‘Extremist Republicans’ Are Behind Effort To Recall California Gov. Gavin Newsom
There were, however, 89 fewer homes on the market in April, year over year. That translates to a 1.3% drop in inventory.