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KAYE SWAINKAYE SWAIN

Kaye Swain Roseville REALTOR - Specializing in Over 55 Communities in Roseville CA Area

9167680127
KayeSwainRE@gmail.com
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August 2022 Real Estate Market in Roseville CA Area

Thank you for sharing....

Happy Autumn in my sweet city of Roseville

It's September! It's AUTUMN, it was a great day for Pickleball (I thoroughly enjoyed a game this morning at one of our many pickle ball courts in Roseville), and it's time for my monthly update – the August 2022 real estate market in Roseville CA area.

Kaye Swain Roseville CA sharing pickleball and stats for the area
Kaye Swain Roseville CA loves sharing about pickle ball as well as facts and figures for our area markets

For those who might be new, and are wondering why August instead of September, since it IS September – Real estate numbers, for the most part, are always a month behind. That way we can share the full month, and it gives agents a few days after the end of the month to update all their information (and even then, by the next month. I usually try to do it around the middle of the month, but it's always subject to how things are going. If I'm juggling more than normal, my clients ALWAYS come first, so it could make me faster (if I see it coming), or slower. But this week, I just closed a delightful escrow for my two happy buyers in Sun City Roseville. And I'm enjoying working on this pretty much mid-month+. And happily for all, I also DO include some September stats as well. 🙂

Today we're again looking at single family homes with 0-.25 acres in Placer and Sacramento County real estate, as well as a handful of cities in those counties including the real estate market for Roseville CA. I also like to check in on info for all of our two Sun City 55+ golf retirement communities in Roseville and Lincoln. You'll see TrendGraphix Charts for the Roseville numbers. (If you'd like more Trendgraphix charts just email me at KayeSwainRE@gmail.com with the area you'd like to see and I'll be glad to send it to you.)

And today, I am also including, by special request, some Lake of the Pine statistics. 🙂

Placer and Sacramento Counties

AUGUST 2022 Real Estate Market in Placer County

Homes sold in Placer County AUGUST 2022 –  307

The number of homes sold in AUGUST 2022 was up 3.7% compared to last month and down 31.6% from August 2021.

Of the homes that closed – I spotted a couple that sold and closed in late August for OVER $130,000 LESS than the asking price. As far as those that went over, it was a much smaller amount and most went over for a few thousand up to $20,000 but I did spot a couple for about $60,000 over and about $40,000 over.

Here are some charts from Trendgraphix with even more info:

Market highlight for prices dom in the August 2022 Real Estate Market in Roseville CA Area
Trendgraphix Placer County real estate charts – days on market and sold/list price ratio

 

Days on market and Selling vs listing prices
Placer County Real Estate TrendGraphix Chart for selling vs listing prices and days on market

 

Available homes up over 164 per cent

ZOWIE Look at the inventory change for number of houses on the Placer County real estate market
ZOWIE Look at the inventory change for number of houses on the Placer County real estate market
Placer County is still considered a sellers market BUT buyers have a lot more power now
Placer County is still considered a sellers market BUT buyers have a lot more power now – per Trendgraphix

AUGUST 2022 Real Estate Market in Sacramento County

Homes sold in Sacramento County AUGUST 2022  –  1,150

The number of homes sold in AUGUST 2022 was up 5.9% compared to last month and down 27.6% from August 2021.

City Stats

AUGUST 2022 Real Estate Market In Roseville CA

Homes sold/closed AUGUST 2022 – 165

The number of homes sold in AUGUST 2022 was up 5.1% compared to last month and down 29.5% compared to last year! 

A definite difference in Roseville real estate available this year vs last year
A definite difference in Roseville real estate available this year vs last year
As with Placer County in general while we are still in sellers market buyers definitely have more options than previously
As with Placer County in general while we are still in sellers market buyers definitely have more options than previously
the months of inventory - part of the August 2022 Real Estate Market in Roseville CA Area
the months of inventory – part of the August 2022 Real Estate Market in Roseville CA Area
selling price vs listing price along with days on market - part of the August 2022 Real Estate Market in Roseville CA
selling price vs listing price along with days on market – part of the August 2022 Real Estate Market in Roseville CA

AUGUST 2022 Real Estate Market In Rocklin CA

Homes sold/closed AUGUST 2022 – 59

The number of homes sold in AUGUST 2022 was up 11.3% compared to last month and down 43.3% compared to last year! 

AUGUST 2022 Real Estate Market In Lincoln

Homes sold/closed AUGUST 2022 – 98

The number of homes sold in AUGUST 2022 was up 7.7% compared to last month and down 22.8% compared to last year! 

AUGUST Real Estate Market In Citrus Heights CA

Homes sold/closed AUGUST 2022 – 83

The number of homes sold in AUGUST 2022 was up 62.7% compared to last month and down 9.8% compared to last year! 

 

Two of The Lovely 55+ Communities in Placer County

Sun City Roseville CA has turkeys on their golf course which I love - not sure if turkeys meander onto Sun City Lincoln golf courses
Sun City Roseville CA has turkeys on their golf course which I love – not sure if turkeys meander onto Sun City Lincoln golf courses

AUGUST (and SEPTEMBER) 2022 Real Estate Market In Sun City Roseville CA

Homes for sale in Sun City Roseville CA, September 22, 2022 – 22, ranging from $455,950 – $899,000.

AUGUST 2022

  • Homes Closed  – 10.(14 closed in JULY, 2022)
  • Median square feet  –  1,679
  • Median closed price – $649,000 (last month – $600,750)
  • Median days on market  – 13
  • 6 homes sold for under asking – ranging from $4,000 -37,000 under
  • 1 home sold for asking price
  • 3 homes sold for over asking price, ranging from $5,100 to $10,050

AUGUST 2021

  • Homes Closed AUGUST 2021 – 20
  • Median square feet AUGUST 2021 -1,741
  • Median closed price AUGUST 2021 – $616,500
  • Median days on market AUGUST 2021 – 5

Sneak Preview for September for Sun City Roseville

So far through September 22, 2022 – 19 homes have closed in Sun City Roseville CA, median days on market is creeping to 27, and median closed price is $599,000  (median listing price is $627,905).

AUGUST (and SEPTEMBER) 2022 Real Estate Market In Sun City Lincoln CA

Homes for sale in Sun City Lincoln CA as of September 22, 2022 – 45, ranging in price from $479,500 – 1,389,000

AUGUST 2022

  • Homes Closed  – 26. (29 closed in JULY, 2022)
  • Median square feet  –  1,640
  • Median closed price – $642,500 (last month – $699,000)
  • Median days on market  – 25

 

  • 17 homes closed under the asking price – ranging from $5,000 – $25,000
  • 3 homes closed for the asking price
  • 6 homes closed over the asking price – ranging from $1,000 – 10,005

AUGUST 2021

  • Homes Closed MONTH 2021 – 39
  • Median square feet MONTH 2021 – 2,955
  • Median closed price MONTH 2021 – $587,000 
  • Median days on market MONTH 2021 – 6

Sneak Preview for September 2022 for Sun City Lincoln CA

So far through September 22, 2022, 18 homes have closed, median days on market is 11, and median closed price is 688,833! (median listing price is 695,550).

Lake of the Pines

Kaye Swain Roseville area REALTOR shares lake similar to Lake of the Piines in Auburn CA
Kaye Swain Roseville area REALTOR shares lake similar to Lake of the Piines in Auburn CA

Due to special request, I'm including Lake of the Pines periodically. (As you can see from the caption, that is NOT a photo of Lake of the Pines but it is very similar to what you might see there. It is GORGEOUS. Can you imagine living walking distance from this large and lovely lake, away from the hustle and bustle of city life and city traffic! Great for a home OR a second “get-away” home!

Lake of the Pines – July 1 – Sept 17 2022

  • 28 homes closed
  • 18 closed for under the asking price
  • 5 closed at asking price
  • 5 closed over the asking price

 

  • Over asking prices ranged from $16k to $51k to $90k
  • Under asking prices ranged from $10k to $29k to $50k to $80k to $108,000 and everything in between

Lake of the Pines – July 1-Sept 17 2021

  • 34 homes closed
  • 14 sold for under the asking price
  • 7 sold at the asking price
  • 13 sold for over the asking price

 

  • Over asking prices ranged from $1000 to $45,000 to $81,000 to $235,000 OVER
  • Under asking was almost as dramatic ranging from $7000 to 144,000 under!!!

BOTTOM LINE For AUGUST 2022 Real Estate Market in Roseville CA Area

We continue to see definite changes that appear to be dramatically impacted by the fed rate increases, followed each time by the interest rate increases. With the 75 basis point increase this past week on September 21, 2022, along with their comments indicating they intend to keep raising the rates, sadly, interest rates will be increasing.

In fact, one of my top lenders, Rodney Anderson at Big Valley Mortgage, just sent me this important FYI- “Rates went up a lot yesterday (CURRENTLY at 7%)  so if you are house hunting and you have a pre-approved loan but it's NOT locked in, you need to go back to your lender and re-verify your qualifying. Some buyers may no longer be qualified for a loan. It was a game changer!”  Not good news for many, I know. But for those of you with money in the bank to buy, it WILL be somewhat good news as I would also anticipate many home prices dropping even more by those sellers who do need to sell. And multiple offers with extremely high over the asking are becoming more and more rare in our Roseville area.

And, of course, if you are looking to sell or buy in our Roseville area, I would love to help you. Just give me a call at 916-768-0127 or email me at KayeSwainRE@gmail.com.  😀

Call Kaye 916-768-0127
Kaye Swain Roseville Area REALTOR, including our great 55+ communities like Sun City Roseville as well as brand new home construction.

 

 

 

 

 

 

 

 

 

 

The charts and some of the info above is provided by TrendGraphix which is then provided to us by MetroList MLS

 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.

Contents of this article...

  • Happy Autumn in my sweet city of Roseville
  • Placer and Sacramento Counties
    • AUGUST 2022 Real Estate Market in Placer County
    • AUGUST 2022 Real Estate Market in Sacramento County
  • City Stats
    • AUGUST 2022 Real Estate Market In Roseville CA
    • AUGUST 2022 Real Estate Market In Rocklin CA
    • AUGUST 2022 Real Estate Market In Lincoln
    • AUGUST Real Estate Market In Citrus Heights CA
  • Two of The Lovely 55+ Communities in Placer County
    • AUGUST (and SEPTEMBER) 2022 Real Estate Market In Sun City Roseville CA
    • AUGUST 2022
    • AUGUST 2021
    • Sneak Preview for September for Sun City Roseville
  • AUGUST (and SEPTEMBER) 2022 Real Estate Market In Sun City Lincoln CA
    • AUGUST 2022
    • AUGUST 2021
    • Sneak Preview for September 2022 for Sun City Lincoln CA
  • Lake of the Pines
    • Lake of the Pines – July 1 – Sept 17 2022
    • Lake of the Pines – July 1-Sept 17 2021
  • BOTTOM LINE For AUGUST 2022 Real Estate Market in Roseville CA Area

Posted in: Real Estate News Tagged: Brand New Homes, homes for sale in Citrus Heights, homes for sale in Lincoln, homes for sale Rocklin CA, Lake of the Pines, real estate update, Retirement, Roseville CA, Sun City Lincoln Hills, Sun City Roseville Homes for Sale

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Kaye Swain REALTOR in Roseville CA real estate news and services including aging in place-multigenerational boomers and seniors old and vintage houses and first time home buyers

Hi and Welcome to KayeSwain.com.

Are you looking for homes for sale in Roseville CA and the surrounding area? I appreciate your stopping by and invite you to check out the various options available - from blog posts to inform you about this lovely Greater Sacramento Valley Area, to home searches you can set up - such as homes for sale Roseville, Lincoln, Rocklin, Granite Bay, Citrus Heights, Carmichael, Fair Oaks, etc, to fun real estate eye candy and more. And yes! This is true for residential neighborhoods, condo communities, and all of our lovely 55+ active senior retirement communities. If you have any questions about buying OR selling your home in Roseville or the surrounding Sacramento area, do give me a buzz at 916-768-0127 or email us at KayeSwainRE@gmail.com We're here to help you and your family with your real estate needs.

Kaye Swain Sun City Roseville Real Estate Agent

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Kaye Swain Roseville Real Estate Agent, 916-768-0127, KayeSwainRE@gmail.com, CalBRE#01966207, with Keller Williams Realty, 548 Gibson Drive, Suite 200, Roseville CA 95678, (Each office is independently owned and operated)

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