New home sales in Sacramento reach highest numbers in eight years
Looks like the new homes real estate market in the Sacramento area is picking up steam.
According to the North State Building Industry Association, some 447 new homes were sold in the Sacramento area in February. That's the highest monthly total since 2008 when the recession began, and only 59 new houses were sold that February.
New home are being built in some 123 subdivisions in the region, the most in seven years, including West Roseville.
These numbers come at a time when new homes are still fairly expensive compared to resale or older homes. The average new-home sales price in the Sacramento region last fall was $478,000, just 5% less than it was during the height of the…