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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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How’s the 8/28/22 Real Estate Market in Roseville CA Area Doing?

Thank you for sharing....

8/28/22 Real Estate Market in Roseville CA Area

Week two for our weekly survey of the 8/28/22 real estate market in Roseville CA and the surrounding area – including some of the basic and most vital statistics for our area real estate market. 

 

Housing-Market-stats-for-82822-Real-Estate-Market-in-Roseville-CA-area

Roseville CA Real Estate

347 homes are actively for sale in Roseville CA

In the past 7 days, there were:

  • 67 price reductions in Roseville CA
  • 5 price increases in Roseville CA

***

Citrus Heights CA Real Estate

160 homes are actively for sale in Citrus Heights

In the past 7 days, there were:

  • 19 price reductions in Citrus Heights
  • 2 price increases in Citrus Heights

***

Lincoln CA Real Estate

191 homes are actively for sale in Lincoln CA

In the past 7 days, there were:

  • 31 price reductions in Lincoln CA
  • 3 price increasesLincoln CA

***

Rocklin CA Real Estate

152 homes are actively for sale in Rocklin CA

In the past 7 days, there were:

  • 16 price reductions in Rocklin CA
  • 1 price increases in Rocklin CA

***

Diving Deeper Into the 55+ Homes for Sale in Placer County

Sun City Lincoln CA Real Estate 

41 homes are actively for sale in Sun City Lincoln CA

In the past 7 days, there were:

  • 10 price reductions in Sun City Lincoln CA
  • 0 price increases in Sun City Lincoln CA

***

Sun City Roseville CA Real Estate 

24 houses for sale Sun City Roseville CA

In the past 7 days, there were:

  • 14 price reductions in Sun City Roseville CA
  • 0 price increases in Sun City Roseville CA

***

Looking at the Broader Area of Placer and Sacramento Counties

Placer County

1,145 homes are actively for sale in Placer County CA

In the past 7 days:

  • 157 price reductions in Placer County CA
  • 10 price increases in Placer County CA

***

Sacramento County

2,542 homes are actively for sale in Sacramento County CA

In the past 7 days:

  • 332 price reductions in Sacramento County CA
  • 17 price increases in Sacramento County CA

***

More Roseville CA Real Estate Statistics for 8/28/22

Here are some interesting charts from our Sacramento Metrolist and Trendgraphix – These are specific to Roseville CA only as that is where I am located. But if you would like to see them for another city or area, let me know. I'll be glad to add them, in addition or instead of, as time permits. 😀

8:28:22 Real Estate Market in Roseville CA Area Sellers market but is it

 

For Sale (light green) vs sold (dark green) – notice the dramatic difference for 6/22 and 7/22 compared to all the rest!!!

Average Price Per Square Foot – this chart gives you a bit of a gauge on how prices have been going between May 2021 and July 2022

 

8 28 22 Real Estate Market in Roseville CA Area pricer per sq foot explained

The top line in the chart below is how the selling price vs original listing price compare. 100 means it went for list price, over 100 means it went for over the asking price, under 100 means it went for under the listing  price. For the past couple of years, most homes sold for over the listing price – some for WAYYYYYY OVERRRRRR the listing price. Now, we are seeing most homes selling for under the listing price, sometimes WAYYYYY UNDERRRRR the listing price – partly due to sellers not being used to the new changes in our real estate market – and that is true both in the Roseville Sacramento area and in most of the United States.

 

The bottom section in the chart below refers to the number of days on the market – over the past two years, we saw many homes sell in less than a week. Now, we are seeing many sit on the market for days/weeks.

8 28 22 Real Estate Market in Roseville CA Area Average days on market and list price vs sold price %

 

Average FOR SALE and SOLD prices Roseville

 

The following chart refers to months of inventory available. In other words, how long would it take to sell what's currently available. Currently we are at 2.7 months – if we round up – it would be 3 months.

8 28 22 Real Estate Market in Roseville CA Area Months of Inventory

And here are the “normal” definitions for each market. 

Define buyers sellers and neutral markets

ALTHOUGH, some experts are saying, based on all the other things going on, that in today's real estate market in our Roseville Sacramento area, 3-6  months might be more of a buyer's market. (Time will tell on that one. 😀)

Bottom Line for our 8/28/22 Real Estate Market in Roseville CA Area

Prices continue to be good for sellers, albeit not as good as 4-6 months ago – in large part due to the Feds raising the rates, leading to the mortgage companies raising the interest rates, plus major inflation meaning there are fewer buyers, so multiple offers are now a rarity. Thus pricing your home correctly is vital. Much better to price it right from the get-go, then have it sit on the market for weeks (months) – driving you nuts, and having to lower it every couple of weeks.

Buyers, you are now better able to find a good home, make a decent offer, and not have to deal with one NO after another. AND not have to say yes to a variety of difficult requests like rent-backs (never a good idea, per our attorneys), etc.

In other words, it's a good market for both IF you have to move. If you don't, I would personally stay put. But for those who DO have to move, give me a call and let's work together on a good plan for YOU! I'd love to help you with all of your real estate needs.

Call Kaye 916-768-0127

 

 

 

 

P.S. Want to compare the above numbers to past weeks? Just click here.

P.P.S. Click here and sign up to get free weekly emails sharing Roseville and Sacramento area updates, fun events, holiday happenings, real estate market info, and more. KayeSwain.com/free-weekly-area-updates

P.P.S.

Homes for sale in Roseville, Rocklin, Lincoln, Citrus Heights

 

Metrolist and Trendgraphix info

Contents of this article...

  • 8/28/22 Real Estate Market in Roseville CA Area
    • Roseville CA Real Estate
      • In the past 7 days, there were:
    • Citrus Heights CA Real Estate
      • In the past 7 days, there were:
    • Lincoln CA Real Estate
      • In the past 7 days, there were:
    • Rocklin CA Real Estate
      • In the past 7 days, there were:
  • Diving Deeper Into the 55+ Homes for Sale in Placer County
    • Sun City Lincoln CA Real Estate 
      • In the past 7 days, there were:
    • Sun City Roseville CA Real Estate 
      • In the past 7 days, there were:
  • Looking at the Broader Area of Placer and Sacramento Counties
    • Placer County
      • In the past 7 days:
    • Sacramento County
      • In the past 7 days:
  • More Roseville CA Real Estate Statistics for 8/28/22
  • Bottom Line for our 8/28/22 Real Estate Market in Roseville CA Area

Posted in: Roseville Area Tagged: CA Placer County, Citrus Heights, homes for sale in Rocklin, Lincoln CA, real estate update, Retirement, Roseville CA, Sacramento County, Sun City Lincoln Hills, Sun City Roseville Homes for Sale, weekly market stats

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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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Resources for Buyers

The Ultimate Home Buyer's Guide

Resources for Home Sellers

Click here for Kaye Swain’s ebook -> Your Home Sellers Guide 

 

 

Resources for Boomers and Seniors

  • Seniors First Resource Guide
  • John Palley,Attorney – Certified Specialist in Estate Planning, Trust and Probate Law – offers an excellent and free book you can download as a pdf – “How to Live & Die With California Probate.” (Scroll to the bottom of his page and click the photo of the book)

 

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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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