I regularly appraise in Dixon, California, a city of approximately 20,000 located in Northeast Solano County. Dixon is an interesting market because it is on the outer fringes of the San Francisco Bay Area but crosses over into the Sacramento region. Prices fell through the floor during the downturn, hitting bottom in late 2011, but have increased significantly since. The past several months trends have been hidden somewhat by seasonality and a lump of somewhat below average homes selling in the winter. Here’s what I saw this week:
With a little more data to work with, looks like Dixon is increasing. With about two weeks of inventory at present, expect more increases in the short term.