Sacramento area home prices signal a very solid uptick in the market. This bodes well for surrounding areas, such as the Lake Tahoe real estate market which expects to see similar trends. An article published by The Sacramento Bee earlier this week indicates area homes have posted the largest price increase since 2005. Median prices for homes sold rose by double digits in October when compared to the same time last year in the Sacramento region. Originally reported by DataQuick, the figures show Sacramento’s median home price rose by more than 16% since October 2011. Scarcity of homes on the market and record low interest rates continue to drive prices up throughout the region.