9-25-22 Real Estate Market in Roseville CA Area
Happy Autumn. Yes, I know. I've been blissfully enjoying the “autumn season” for weeks now. But as of this past Thursday, it's really truly official and I'm loving it! And guess what – it's time for the 9-25-22 real estate market in Roseville CA area update.
Truth be told, this is also the unofficial kickoff to the holiday season for real estate and we often see things start to slow down. Well, we used to. Then we had the pandemic and some of us were busier in the autumn than the rest of the year. Now we are basically past pandemic to some extent and experiencing a bit of another crisis – economic issues, fed rate increases, interest rate increases, and a flip-flopped real estate market in our Roseville area and much of the United States.
What do I mean by flip flopped market? Last year at this time, we were still seeing large numbers of over the asking price offers. This year, those are down dramatically and price reductions are up hugely. Let's take a look at the numbers for this week along with some of the current homes for sale in Roseville CA and the surrounding area including some of our lovely Del Webb Roseville homes for sale, Del Webb Lincoln homes for sale, etc.
Roseville CA Real Estate
- 336 homes for sale in Roseville CA
- 32 homes closed in Roseville CA between 9/18-9/24/22
In the past 7 days, there were:
- 74 price reductions in Roseville CA
- 7 price increases in Roseville CA
Citrus Heights CA Real Estate
154 homes for sale in Citrus Heights
In the past 7 days, there were:
- 18 price reductions in Citrus Heights
- 1 price increases in Citrus Heights
Lincoln CA Real Estate
186 homes for sale in Lincoln CA
In the past 7 days, there were:
- 34 price reductions in Lincoln CA
- 0 price increasesLincoln CA
Rocklin CA Real Estate
148 homes for sale in Rocklin CA
In the past 7 days, there were:
- 27 price reductions in Rocklin CA
- 0 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:
- 7 price reductions in Sun City Lincoln CA
- 0 price increases in Sun City Lincoln CA
Sun City Roseville CA Real Estate
- 27 homes are actively for sale in Sun City Roseville CA
- 4* homes closed in Sun City Roseville CA between 9/18-9/24/22
In the past 7 days, there were:
- 8 price reductions in Sun City Roseville CA
- 0 price increases in Sun City Roseville CA
Looking at the Broader Area of Placer and Sacramento Counties
Placer County
1,094 homes for sale in Placer County CA
In the past 7 days:
- 181 price reductions in Placer County CA
- 8 price increases in Placer County CA
Sacramento County
2,414 homes for sale in Sacramento County CA
In the past 7 days:
- 355 price reductions in Sacramento County CA
- 13 price increases in Sacramento County CA
By Special Request
Lake of the Pines
16 homes for sale in Lake of the Pines Auburn CA
In the past 7 days:
- 3 price reductions in Lake of the Pines Auburn CA
- 0 price increases in Lake of the Pines Auburn CA
Bottom Line
I know it seems a bit startling to see so many decreases in prices in today's 9-25-22 Real Estate Market in Roseville CA area update. But it's primarily because there were such extraordinary increases over the past 2-3 years – way over the top increases. “Leaving lots of buyers behind” increases. Now prices are settling back down to a more “normal” amount (and sellers – you will still be likely to get more than you would have if the past two years hadn't happened, so that's a good thing.
Buyers – if you are getting a loan and need to buy, I recommend you to talk to a good lender fast and get a rate locked in before they go up even more. For those who are feeling squeezed out of the market, ask the lender about any kind of special options that you might qualify for. And yes! I have some great recommendation – just give me a call. For all you great savers/investors out there, this is a great time to start shopping. But remember, this can be the slow season, so houses may stop coming on the market. 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 buyers and sellers to help them accomplish their goals! And I'd love to help YOU!
