The Least Expensive Homes For Sale In Rockridge

Home prices continue to rise, although not quite as quickly as earlier this year.

The S&P/Case Shiller composite index released today showed home prices nationally rose 1 percent in May on a seasonally adjusted basis. That was lower than the monthly 1.7 percent rise in April.

From year to year, prices nationally jumped 12.2 percent from May 2012, the largest annual hike since March 2006.

All 20 metropolitan areas in the composite index showed increases, led by the San Francisco Bay Area with a 24 percent yearly increase.

With all that in mind, we thought we'd search this week for some of the least expensive homes on the market in our communities.

In Upper Rockridge, this three-bedroom, two-bathroom home at 5060 Proctor Ave. is listed at $749,000.

The 1,435-square-foot house was built in 1992 and sits on a eighth of an acre. It's described as a rebuilt home with panoramic views.

Do you know of other relatively inexpensive homes for sale in your neighborhood? Let us know in the comments section.

This information was provided by Corey Weinstein, Broker Associate, Red Oak Realty, 510-708-0789 or corey@orangedoorproperties.com. Featured properties may be listed by a variety of local firms--agent does not represent this property.