1-15-23 Real Estate Market in Roseville CA Area Update
Hi and welcome to my 1-15-23 real estate market in Roseville CA area update. I have some intriguing real estate news stories for our Roseville CA area to start off with – primarily on the West-ish side of town.
Possible New Rental Community
A few years ago, a new community of homes was built at Foothills and Main/Baseline. We were surprised when it turned out to be homes specifically for rental only. And they went fast! That community is still there, seems to be doing great, and is always well maintained from what I can see (It's gated with walls for privacy.) Usually when a community of rentals is built, it's apartments or condos. This was the first time I can recall that it was a neighborhood of homes – lovely idea if priced well, I think. And since then, one or two more of those communities have popped up – though the one I'm thinking of is a bit on the expensive side.
More Houses May Be Coming to Placer County Southwest of Roseville
KUDOS To Roseville and Citrus Heights
According to their report, “Citrus Heights was recognized by state officials for plans to redevelop the 100-acre Sunrise Mall with capacity for more than 1,000 new housing units — but no finishing date has been announced.State officials also said Roseville was recognized for its zero interest loans of up to $100,000 to low-income households for repairs.”
Moving Along to the 1-15-23 Real Estate Market in Roseville CA Area Update
The statistics, so far, seem to be pretty much staying about the same. One week, one city goes up in number of prices that have decreased while another goes down. The following week, they flip flop. Placer and Sacramento Counties show the same types of flip flops.
1-15-23 Real Estate Market in Roseville CA Area Statistics
Roseville CA Real Estate
- 259 homes for sale in Roseville CA
In the past 7 days, there were:
- 23 price reductions in Roseville CA
- 7 price increases in Roseville CA
- 16 homes closed in Roseville CA
- 29 new-to-market homes for sale in Roseville CA
Citrus Heights CA Real Estate
65 homes for sale in Citrus Heights
In the past 7 days, there were:
- 9 price reductions in Citrus Heights
- 1 price increases in Citrus Heights
Lincoln CA Real Estate
132 homes for sale in Lincoln CA
In the past 7 days, there were:
- 14 price reductions in Lincoln CA
- 4 price increasesLincoln CA
Rocklin CA Real Estate
49 homes for sale in Rocklin CA
In the past 7 days, there were:
- 10 price reductions in Rocklin CA
- 1 price increases in Rocklin CA
Diving Deeper Into the 55+ Homes for Sale in Placer County
Sun City Lincoln CA Real Estate
47 homes for sale in Sun City Lincoln CA
In the past 7 days, there were:
- 6 price reductions in Sun City Lincoln CA
- 0 price increases in Sun City Lincoln CA
Sun City Roseville CA Real Estate
27 homes for sale in Sun City Roseville CA
In the past 7 days, there were:
- 3 price reductions in Sun City Roseville CA
- 0 price increases in Sun City Roseville CA
- 1 homes closed in Sun City Roseville CA
- 5 new-to-market homes for sale in Sun City Roseville CA
Silverado Homes at Eskaton Village Roseville CA Real Estate
9 Silverado retirement homes for sale in Roseville CA – prices from $ – $
In the past 7 days, there were:
- 3 price reductions in Silverado Homes at Eskaton Village Roseville
- 0 price increases in Silverado Homes at Eskaton Village Roseville
- 0 homes closed in Silverado Homes at Eskaton Village Roseville
- 3 new-to-market homes for sale in Silverado Homes at Eskaton Village Roseville
Looking at the Broader Area of Placer and Sacramento Counties
Placer County
412 homes for sale in Placer County CA
In the past 7 days:
- 66 price reductions in Placer County CA
- 12 price increases in Placer County CA
Sacramento County
1135 homes for sale in Sacramento County CA
In the past 7 days:
- 113 price reductions in Sacramento County CA
- 15 price increases in Sacramento County CA
Bankrate.com Update
Bottom Line
Our interest rates are down from November. However, “‘The [Fed’s] interest rate mantra for 2023 is shaping up as ‘higher for longer,’ says Greg McBride, CFA, Bankrate chief financial analyst. “Unfortunately, we’re likely to feel the pain of a slower economy before we see the gain of lower inflation.'” And I have to agree, considering that the next Fed meeting is scheduled for January 31 to February 1, 2023 and barring a major change, they are expected to raise the rates yet again.
If you are ready to buy OR to sell, give me a call at 916-768-0127 or email me at kayeswainre@gmail.com and let's chat. Let's run the numbers and see what the best option is for YOUR needs! One important thing to remember is that we are approaching the busy season. And even with all the changes, we do still expect it to be busier than now. So best to be prepared! 😊
All reports presented are based on data supplied by the MetroList MLS. The MetroList MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the MetroList MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
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