Summer home sales spike in El Dorado County

By Hudson Sangree, Sacramento Bee

More homes were sold across the four-county Sacramento region this summer than in any similar period since the peak of the housing bubble in 2005, CoreLogic reported Wednesday.

In the Sacramento suburbs, El Dorado County’s median sale price for new and existing homes in August was $483,000, up 16 percent from the same time last year and the highest it’s been in a decade, CoreLogic said. The high median price for new homes there, more than $600,000, helped boost that figure.

El Dorado County had by far the highest price for new homes in the four-county region this summer.

Read the whole story