4-9-23 Real Estate Market in Roseville CA Area
Happy Easter! It's time for the 4-9-23 Real Estate Market in Roseville CA area update including some important tips when buying brand new homes in Roseville CA – including the lovely brand new retirement homes in Roseville CA area. Speaking of retirement homes, this cute turkey was just plain POSING for me on Sun City Blvd. this morning!
Roseville CA Real EstateÂ
170 homes for sale in Roseville CAÂ
In the past 7 days, there were:
- 5 price reductions in Roseville CA
- 4 price increases in Roseville CA
Citrus Heights CA Real Estate
27 homes for sale in Citrus Heights
In the past 7 days, there were:
- 1 price reductions in Citrus Heights
- 2 price increases in Citrus Heights
Diving Deeper Into the 55+ Homes for Sale in Placer County
Sun City Lincoln CA Real EstateÂ
31 homes for sale in Sun City Lincoln CA
In the past 7 days, there were:
- 3 price reductions in Sun City Lincoln CA
- 0 price increases in Sun City Lincoln CA
Sun City Roseville CA Real EstateÂ
12 homes for sale in Sun City Roseville CA
In the past 7 days, there were:
- 0 price reductions in Sun City Roseville CA
- 0 price increases in Sun City Roseville CA
- 0 homes closed in Sun City Roseville CA
- 3 new-to-market homes for sale in Sun City Roseville CA
Looking at the Broader Area of Placer and Sacramento Counties
Placer County
547 homes for sale in Placer County CA
In the past 7 days:
- 17 price reductions in Placer County CA
- 8 price increases in Placer County CA
Sacramento County
578 homes for sale in Sacramento County CA
In the past 7 days:
- 21 price reductions in Sacramento County CA
- 12 price increases in Sacramento County CA
Mortgage Rates Via Freddie Mac's weekly PMMS® data
Bottom Line
Freddie Mac interest rates remain unchanged from last week for the 30 year interest rate, while they went up a bit for the 15 year interest rate.
Even more interesting, the Placer County total homes available are 547 and the Sacramento County total homes available for sale are 578. Compare that to 504 Placer County and 1515 Sacramento County – just as Christmas season was starting at the beginning of December. Now go even further back to when I started this series on August 27, 2022. For Placer County there were 1139 homes available for sale and 2,576 homes for sale in Sacramento County! WOW!
Even in the smaller areas, for example, Sun City Roseville had 28 homes for sale back in August and Sun City Lincoln had 45 homes for sale. Today, there are only 12 homes for sale in Sun City Roseville CA and 31 homes for sale in Sun City Lincoln CA.
Those numbers are a big reason why this market is just about as difficult for many buyers as before. Too few homes to pick from. And sometimes, too many buyers vying for the homes are raising the prices back up again. Happily THAT isn't happening as much but still, we are at times winding up with very disappointed buyers.
One bright light in the midst of all this are the many MANY lovely and brand new homes in Roseville CA and the surrounding area. But those have their own set of caveats. Many people choose to move to Roseville for the Roseville schools. Some have been sadly disappointed to discover that there are several new home builders IN Roseville that are NOT IN ROSEVILLE SCHOOL DISTRICTS. Others aren't looking for school options as they may be downsizing and/or retiring in Roseville, and looking forward to our famous and less expensive Roseville utilities. They, too, have discovered that NOT ALL HOMES WITH A ROSEVILLE ADDRESS are in the INCORPORATED area of Roseville with the Roseville utilities. Some have been dismayed to discover that some of the new homes are in UNINCORPORATED Roseville with other utility companies – some of which may be more expensive.
The saddest buyers are those who did NOT read their contract thoroughly and doublecheck and don't make these discoveries til after escrow closes and it's too late to fix it.
So if you are looking into buying brand new homes in Roseville CA or the surrounding area, give me a call and let me help you. Let's ensure YOU get the house you love IN the area you really want to buy!
And not only that! I love to gift my home buyers with a one-year upgraded home warranty from Old Republic. BUT EVEN BETTER for those who buy in one of the new home communities Roseville CA has to offer, their home warranty is for FOUR years – thanks to Old Republic's policies. And it starts when the builder's one year warranty ends!
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. I'd love to share the special options I provide you with to help you accomplish your goals!
P.S. Click here and sign up to get my free weekly emails sharing Roseville and Sacramento area updates, fun events, holiday happenings, real estate market info, and new blog post notifications. 😊 It's easy to sign up AND it's easy to cancel if it's not right for you. KayeSwain.com/free-weekly-area-updates
P.P.S. You can also take a peek at most, if not all, of the lovely brand new homes in Roseville CA and the surrounding area using the widget to the right of this post. Can't see it? Give me a call at 916-768-0127 and I'll set it up for you. 😊
P.P.P.S. These updates are a bit shorter nowadays – due to being in the busy season for my clients – looking at resale homes, 55+ home communities, and plus, of course, today being EASTER! But if ever you need info about a specific area that I haven't covered, do send me an email and I'll be glad to do a personalized one just for you! 😊
