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: Some Sierra Spots Report More Than 2’ Of Snow Over Past 24 Hours; Chain Controls In EffectZillow says, nationwide, home values dropped in April, another first since 2012.
READ MORE: Best Places For Halloween: Sacramento Ranks 22nd Among US CitiesALSO: Zillow Offers Coming To Sacramento
The median home value in Sacramento is $411,500.
MORE NEWS: Sacramento Sets Storm Record With Its Highest All-Time Rainfall Total Since 1880There were, however, 89 fewer homes on the market in April, year over year. That translates to a 1.3% drop in inventory.
