Happy Valentine's Day!
I wanted to preface my February 2022 real estate market report for Roseville and Citrus Heights with a big smile and maybe a chuckle or two.
“What did the calculator say to the pencil?” “You can count on me.”
“What did the light bulb say to the other light bulb?” “You light my world up.”
😁 😁 😁
Now it's time to jump into the stats. This month I'm looking at Roseville and Citrus Heights along with Sun City Roseville CA .
Roseville CA Stats
Roseville California – I looked at all the homes that were listed as residential and single family between $300,000 – $1,000,000
January 2022
128 homes closed escrow
Average listing price $613,161
Average Closed price $624,602
Average days on market 21
December 2021
178 homes closed escrow
Average listing price 642.092
Average Closed price $650,827
Average days on market 19
January 2021
120 homes closed escrow
Average listing price 549,900
Average Closed price $553,103
Average days on market 17
Roseville – Del Webb Sun City Roseville CA
Sun City Roseville
January 2022
10 homes closed escrow
Average listing price $606,965
Average Closed price $616,693
Average days on market 11
January 2021
8 homes closed escrow
Average listing price $539,938
Average Closed price $533,188
Average days on market 13
December 2021
18 homes closed escrow
Average listing price $586,272
Average Closed price $588,211
Average days on market 11
Changes Here As Well!
Over the past year – The average price of homes sold in January 2022 was $83,505 higher than the average in January 2021
Over the past month – The average price of homes sold in January 2022 was $28,482 higher than the average in December 2021
WOW!
Citrus Heights
For this, I just did the two months – January 2022 and January 2021
January 2022
66 homes closed escrow
Average listing price $483,461
Average Closed price $500,406
Average days on market 15
January 2021
53 homes closed escrow
Average listing price 422,212
Average Closed price $434,338
Average days on market 13
Average price rose $61,249 in the past year!
Definitely easier on the pocketbook for buyers in Citrus Heights but not by that much!
Bottom Line
Interest rates are going up. Inflation is on the rise.
Sellers – if you need to move, this is a GREAT time to lock in an excellent price while there are still plenty of buyers!
Buyers – If you need to move, or are renting and want to PAY YOUR OWN MORTGATE instead of your landlord's and you have a great interest rate, this is the time to use it. That rate may be a distant memory soon.
Either which way, I'd love to help you! And I work with some excellent lenders who are glad to give you facts and figures with no obligations. Give me a call at 916-768-0127 or email me at KayeSwainRE@gmail.com.
PS Check out what's selling now – in order of most recently listed:
Roseville California Real Estate For Sale Including Sun City Roseville CA and our other 55+ retirement homes for sale in Roseville CA
Homes for Sale Citrus Heights CA
All Homes for Sale in Roseville, Lincoln, Rocklin, Granite Bay (Placer County)
All Homes for Sale in Citrus Heights, Antelope, Fair Oaks, Carmichael (Sacramento County)
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