Price Per Square Foot
Homebuyers considering where to live in the Capital Region should review the TrendGraphix report. Each month this data company compiles the average price that a square foot of a home is selling for in specific locations. The study allows buyers to become familiar with the price that they will most likely pay for a home based upon the home’s actual size. For instance:
In January homes that sold in the college town of Davis averaged $337 a square foot. Davis was the highest priced area within reasonable driving distance. That cost per square foot was down from a high of $356 a square foot recorded in August.
Thinking about buying a home in El Dorado Hills? Better plan on spending $263 for each square foot in the home that you like. The price paid in the area for January was higher than the August price of $254 a square foot. Travel up highway 50 and discover quaint Placerville where homes are selling for about $275 a square foot down slightly from their high in September of $276.
On the other side of the American River is historic Auburn where home prices averaged $252 a square foot, a bargain in comparison to their $281 high in November. The most expensive zip code in Placer County is Granite Bay where the average home price is $284 for every square foot of home purchased. That’s down from their neighborhood high of $308 in October. The Roseville/Rocklin area is where to find more affordable housing. The average cost for housing there is only $246 a sq. ft.
Sacramento County is still considered affordable. Homes in Antelope are selling for $227 a square foot down from a high of $249 in October. Citrus Heights sells fro $235 down from $251 in September and Folsom is up around $260 but down from its high of $271 a square foot in September. Elk Grove is considered one of the more affordable locations in Sac County. Homes there are selling for $233 a sq. ft. down from their high point of $264 in October.
Naturally, you can’t squeeze into one square foot of a home unless you really take that diet more seriously. I hope you enjoyed the sunshine we had Saturday and Sunday. Saturday I previewed homes with some out of town clients shopping for a new address in the foothills and then Sunday I hosted an open house in Cameron Park while writing my weekly newspaper column. Now go take on the week!
In January homes that sold in the college town of Davis averaged $337 a square foot. Davis was the highest priced area within reasonable driving distance. That cost per square foot was down from a high of $356 a square foot recorded in August.
Thinking about buying a home in El Dorado Hills? Better plan on spending $263 for each square foot in the home that you like. The price paid in the area for January was higher than the August price of $254 a square foot. Travel up highway 50 and discover quaint Placerville where homes are selling for about $275 a square foot down slightly from their high in September of $276.
On the other side of the American River is historic Auburn where home prices averaged $252 a square foot, a bargain in comparison to their $281 high in November. The most expensive zip code in Placer County is Granite Bay where the average home price is $284 for every square foot of home purchased. That’s down from their neighborhood high of $308 in October. The Roseville/Rocklin area is where to find more affordable housing. The average cost for housing there is only $246 a sq. ft.
Sacramento County is still considered affordable. Homes in Antelope are selling for $227 a square foot down from a high of $249 in October. Citrus Heights sells fro $235 down from $251 in September and Folsom is up around $260 but down from its high of $271 a square foot in September. Elk Grove is considered one of the more affordable locations in Sac County. Homes there are selling for $233 a sq. ft. down from their high point of $264 in October.
Naturally, you can’t squeeze into one square foot of a home unless you really take that diet more seriously. I hope you enjoyed the sunshine we had Saturday and Sunday. Saturday I previewed homes with some out of town clients shopping for a new address in the foothills and then Sunday I hosted an open house in Cameron Park while writing my weekly newspaper column. Now go take on the week!
posted by Ken Calhoon at 12:27 PM
0 Comments:
Post a Comment
<< Home