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 KayeSwainRE@gmail.com. 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. 😀
