February 2023 Real Estate Market in Roseville CA Area

March is Here and Roaring Like A Lion

Welcome to my February 2023 real estate market in Roseville CA area update! Yes, we are well and truly into 2023. It's March 14, 2023. But, as always, real estate statistics are always shared a month behind. So on this rainy, windy, mostly cloudy day (though for two minutes, at 3:20 pm, I actually saw blue skies peek thru), I'm happily working INSIDE instead of having to be out in this Lion-y weather. But I am also looking forward to showing lovely 55+ homes for sale in Roseville to one of my clients tomorrow when the weather is forecast to be much calmer and nicer! 

February 2023 Real Estate Market In Roseville CA

Today, March 14, 2023, there are 467 single family homes for sale in Roseville CA.

According to Metrolist MLS, 119  single family homes sold in Roseville CA from February 1, 2023 – February 28, 2023.

Of the homes that sold, the prices ranged from $415,000 to $1,225,000 with a median price of $619,900 . The days on market ranged from 2-361, with the median being 45.

Of the homes that closed – 73 sold for less than the asking price, 19 sold for the asking price, and 27 sold for over the asking price. Some of the most dramatic lowered prices included a drop of almost $140,000 after 62 days on the market, $78,000 after 29 days on market, and almost $75,000 after 91 days on market. 

 

February 2023 Real Estate Market In Rocklin CA

According to Metrolist MLS,  32 single family homes sold in Rocklin CA from February 1, 2023 – February 28, 2023.

Of the homes that sold, the prices ranged from $440,000 to $925,000  with a median price of $639,500. The days on market ranged from 2 – 250, with the median being 37.

February 2023 Real Estate Market In Lincoln CA

According to Metrolist MLS, 77 single family homes sold in Lincoln CA from February 1, 2023 – February 28, 2023.

Of the homes that sold, the prices ranged from $430 to $1,950,000  with a median price of $588,000. The days on market ranged from 2 – 304 with the median being 51.

February 2023 Real Estate Market In Citrus Heights CA

]According to Metrolist MLS, 58 single family homes sold in Citrus Heights CA from February 1, 2023 – February 28, 2023.

Of the homes that sold, the prices ranged from $280,000 to $750,000 with a median price of $447,500. The days on market ranged from 1to 291 with the median being 19.

Two of The Lovely 55+ Communities in Placer County

The two largest 55+ communities in Placer County are Sun City Roseville and Sun City Lincoln. They are 2 communities that do NOT have a Mello Roos tax, have some of the lowest HOAs of all the 55+ communities and both offer at least 2 swimming pools with at least one heated pool indoors that is normally open year round.

Real Estate Market In Sun City Roseville CA

15 Single family homes currently for sale in Sun City Roseville CA as of March 14, 2023, ranging from 450,000 – $699,950.

February 2023

• Single Family Homes closed in February 2023 –  14  
• Median square feet  –  1,547
• Closed Prices ranged from $421,800 – $699,999
• Median closed price February 2023 – $526,850
• Days on Market ranged from 3 – 129 with the median being 81
• Most homes sold for under asking with the most dramatic being one at about $75,000 under after 93 days on market.

Real Estate Market In Sun City Lincoln

31 Homes/condos for sale in Sun City Roseville CA as of March 14, 2023, ranging from $372,000 (a condo – there are 3 for sale currently) – $1,200,000.

February 2023
26 Single Family Homes closed in February 2023 –
Median square feet  – 1,791
Closed Prices ranged from $481,000 – $1,435,000
Median closed price February 2023 – $573,500
Days on Market ranged from  2 – 166  with the median being 34
Most homes sold for under asking with the most dramatic one under a million dollars being about $70,000 under with about 121 on market.

Placer and Sacramento Counties

February 2023 Real Estate Market in Placer County

According to Metrolist MLS, 311 single family homes sold in Placer County from February 1, 2023 – February 28, 2023.

Of the homes that sold, the sold prices ranged from $200,000  to $2,450,000  with a median price of $630,000. The days on market ranged from 0 – 361, with the median being 48 .

February 2023 Real Estate Market in Sacramento County

According to Metrolist MLS, 687 single family homes sold in Sacramento County from February 1, 2023 – February 28, 2023.

Of the homes that sold, the prices ranged from $175,000 to $1,500,000 with a median price of $495,000 . The days on market ranged from 0 – 320 , with the median being 26.

Hot Tip For Sellers No Matter What The Weather

Mostly our weather is pretty easy-going.  But there are those times when things can change constantly in our weather After two more hours of dark cloudiness, MORE BLUE SKIES at 5:15 pm! Here's hoping March's “Lion” activity truly calms into March's “Lamb” Delights – following the old saying that goes, “March comes in like a lion and goes out like a lamb” – at least, we hope so! 😊 And hopefully our real estate market will calm down soon as well.

One thing I am noticing. Sellers are having a hard time pricing appropriately for the market. I suspect many are wanting last year's prices and sadly for buyers, that isn't likely to happen any time soon. Many are pricing much higher than the comps and most of the time, they are not selling for many days, after making one or more price adjustments.

In the meantime, they are paying for homeowners insurance, HOA dues, mortgage interest (if they have one), and utilities (if they are smart – sellers definitely should keep the heater/air conditioner on at a good temperature. Then buyers will come in and love the house rather than be freezing – or roasting in the summer – and wondering if the heater/air conditioner are broken.).  Below is a great video I shared from Chicago Title with great reminders (and, of course, the amount saved would go up if the price is higher and vice versa).

Bottom Line for Your Real Estate Needs

Thank you for popping by my February 2023 Real Estate Market in Roseville CA update. If you are ready to sell or to buy, give me a call at 916-768-0127. Let's chat about YOUR needs, I can connect you with a good lender if you want to buy, provide you with excellent tools if you want to sell, and work with you throughout the process to make it as easy as possible for YOU. 😊

 

 

 

 

 

 

 

All reports and info 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.