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 ColfaxZillow says, nationwide, home values dropped in April, another first since 2012.
READ MORE: 'Everything Is Gone': Colfax Residents Lose Homes In Devastating River FireALSO: Zillow Offers Coming To Sacramento
The median home value in Sacramento is $411,500.
MORE NEWS: Search For Bear Injured In Tamarack Fire Continues After Wildlife Rescue EscapeThere were, however, 89 fewer homes on the market in April, year over year. That translates to a 1.3% drop in inventory.
