April 2022 Real Estate Market Update for Roseville Area

Here are the April 2022 Real Estate Market Update stats for our Roseville area including Roseville, Rocklin, Lincoln, Citrus Heights, and Carmichael – all in the Greater Sacramento Valley Area. Along with some lovely sights from around our area.

Roseville Single Family Homes –

During March 1-31, 2022:

208 homes closed
Median List Price – $659,154
Median Closed Price – $675,000
Median DOM – 6
Median Size of House 3/3 – 2,003 sq ft

As of April 25, 2022:

175 homes are active
236 homes are pending

Rocklin Single Family Homes

During March 1-31, 2022:

80 homes closed
Median List Price – $702,050
Median Closed Price – $732,500
Median DOM – 7
Median Size of House – 3/3 2,110 sq. ft.

As of April 25, 2022:

51 homes active
97 homes were pending

Lincoln Single Family Homes:

During March 1-31, 2022:

123 homes closed
Median List Price – $675,000
Median Closed Price – $690,000
Median DOM – 7
Median Size of House – 3/3 – 2,157

As of April 25, 2022:

95 active
120 homes were pending

Citrus Heights Single Family Homes

During March 1-31, 2022

89 homes closed
Median List Price – $515,000
Median Closed Price – $535,250
Median DOM – 6
Median Size of House 3/2 / 1547 sq. ft.

As of April 25, 2022

59 active
109 homes were pending

Carmichael Single Family Homes

March 1-31

46 homes closed
Median List Price – $557,950
Median Closed Price – $560,000
Median DOM – 7
Median Size of House – 3/2 – 1,727

As of April 25, 2022

38 active
52 homes pending

All Four 55+ Communities in Roseville

During March 1-31, 2022

25 homes closed
Median List Price – $643,500
Median Closed Price – $636,000
Median DOM – 6
Median Size of House 2/2 1,577

As of April 25, 2022

10 active
24 homes were pending

Sun City Roseville 55+ Community (also included in the four right above) Single Family Homes

During March 1-31, 2022

19 homes closed
Median List Price – $625,000
Median Closed Price – $615,000
Median DOM – 7
Median Size of House – 2/2 1,547

As of April 25, 2022

7 active
19 homes were pending

55+ Sun City Lincoln Including Their Condos

During March 1-31, 2022:

35 homes closed
Median List Price – $779,000
Median Closed Price – $789,000
Median DOM – 6
Median Size of House – 2/2 1,910

As of April 25, 2022

15 active
18 homes were pending

All Homes in Roseville, Rocklin, Lincoln, Citrus Heights, Carmichael

Looking Back During March 1, 2021 – March 31 2021

531 homes closed
Median List Price – $539,900
Median Closed Price – $568,000
Median DOM – 5

Current – During March 1, 2022 – March 31, 2022

546 homes closed
Median List Price – $648,000
Median Closed Price – $660,000
Median DOM – 6

Looking WAY Back During March 1, 2019 thru March 31, 2019 (the year before the quarantine)

459 homes closed
Median List Price – $445,000
Median Closed Price – $445,000
Median DOM – 15

As of April 25, 2022

424 active
608 homes were pending

Food for Thought

Note that, with three exceptions, the median closed price was over the median asking price. Very normal for our area for the past few years.  The three exceptions were both of the 55+ for Roseville (which makes sense they'd be the same – because of the 25 homes that closed in all four of our 55+ communities, 19 were from Sun City Roseville. That also makes sense, since it is the largest by far – in fact, it is larger than the other three put together.

The third exception was from my look-back to 2019 when the median listing price and median closed price were the same. That was still a strong seller's market back then. But the huge run ups we are seeing now were much rarer then. And wow! Notice the median days on market was twice as long as now!

We are definitely still in a seller's market! Will we stay here, or start to go down? That's anybody's guess. My thoughts? IF I didn't need to move, I wouldn't. BUT if I did NEED to move – due to finances, health, family needs, work needs, etc., I would sell NOW. I do have concerns that this is going to change and with prices at an all-time high – this is an excellent opportunity to cash in safely.  Here's more thoughts on this topic from Ryan Lundquist – one of our top appraisers and a regular speaker for our real estate companies and Boards of Realtors…

The real estate market is never boring and neither is the monthly real estate market update – true? Including today's April 2022 Real Estate Market Update for our Roseville Area. 😀 If you ever have any questions about this report, or about the real estate market in general, ask away. Either with a comment or feel free to call or text me at 916-768-0127 or email me at [email protected] If I can't answer it, I'll do my best to track the answer down. Have a great week! (And if you are ready to buy or sell, give me a buzz as well – I'd love to help you with ALL your real estate needs! 😀)

 

 

 

 

PS Here are the homes currently for sale in Roseville, Rocklin, Lincoln, Citrus Heights, and Carmichael (including the 55+ homes) in order of most recently listed at the top. 😀