Checking Out Our Roseville Area Real Estate Market This Month.
Welcome to my June 2023 real estate market in Roseville CA area update! Of course, I am writing this during July since monthly real estate statistics are generally focused on the previous month. That way all the numbers for the month are fully entered. But we will also be looking at the weekly numbers for 7-30-23 real estate market in Roseville CA area for how many prices have increased and decreased this week as well as checking to see just how many houses are on the market in our immediate area.
So far this month, July 2023, we have been enjoying HOT weather. But HAPPILY, the Delta Breezes have returned beautifully. I took this video last week but I can also see my back yard tree branches gently dancing to the breeze as I type this. The weather man reported we should have a few cool days followed by more hot days. And he confirmed that it is the Delta Breeze we are enjoying 😃. Sounds like summer, doesn't it? Here's hoping the Delta Breezes stick around – they do such a great job of calming the hot weather. 😃
Time to check out how our real estate market has been behaving…
7-30-23 Real Estate Market in Roseville CA Area
- According to Metrolist MLS, there are currently 232 houses for sale in Roseville which is 9 more than last week- YAY (These figures and all figures in these articles include ONLY those homes on the MLS – a few of which may be brand new, most of which are traditional re-sale homes.)
- 32 Homes decreased in price in the last 7 days
- 3 Homes increased in price in the last 7 days
Looking Back to June 2023 Real Estate Market In Roseville CA
According to Metrolist MLS, 178 Homes sold in Roseville CA from June 1, 2023 – June 30, 2023.
Of the homes that sold, the prices ranged from $282,000 to $1,710,000 with a median price of $635,000 and an average price of $677,018. The cumulative days on market ranged from 1-359, with the median being 12 and the average being 31.
Of the homes that closed – 57 sold for less than the asking price, 42 sold for the asking price, and 79 sold for over the asking price.
7-30-23 Real Estate Market in Rocklin CA Area
- According to Metrolist MLS, there are currently 111 houses for sale in Rocklin.
- 10 Homes decreased in price in the last 7 days
- 1 Home increased in price in the last 7 days
Looking Back to June 2023 Real Estate Market In Rocklin CA
75 homes sold in Rocklin CA in June 2023
Of the homes that sold, the prices ranged from $257,151 to $1,775,000 with a median price of $737,000 and an average price of $812,503. The cumulative days on market ranged from 1-266, with the median being 11 and the average being 33.
Of the homes that closed 36 sold for less than the asking price, 14 sold for the asking price, and 25 sold for over the asking price.
7-30-23 Real Estate Market in Lincoln CA
- According to Metrolist MLS, there are currently 106 houses for sale in Lincoln.
- 10 Homes decreased in price in the last 7 days
- 0 Homes increased in price in the last 7 days
Looking Back to June 2023 Real Estate Market In Lincoln CA
99 homes sold in Lincoln CA in June 2023
Of the homes that sold, the prices ranged from $380,000 to $1,595,000 with a median price of $620,000 and an average price of $666,562. The cumulative days on market ranged from 0-99, with the median being 9 and the average being 25.
Of the homes that closed – 28 sold for less than the asking price, 18 sold for the asking price, and 53 sold for over the asking price.
7-30-23 Real Estate Market in Citrus Heights CA
- According to Metrolist MLS, there are currently 69 houses for sale in Citrus Heights.
- 5 Homes decreased in price in the last 7 days
- 0 Homes increased in price in the last 7 days
MONTH YEAR Real Estate Market In Citrus Heights CA
69 homes sold in Citrus Heights, CA in June 2023
Of the homes that sold, the prices ranged from $320,000 to $1,090,000 with a median price of $475,000 and an average price of $486,226 . The cumulative days on market ranged from 0-128, with the median being 7 and the average being 14.
Of the homes that closed – 12 sold for less than the asking price, 13 sold for the asking price, and 44 sold for over the asking price.
55+ Retirement Communities Roseville, Rocklin, and Lincoln CA
There are currently five Retirement Home Communities in Roseville CA with Sun City Roseville being the largest. The others include Del Webb's The Club at Westpark, Lennar's Heritage Solaire, Lennar's Heritage Vineyards (most of this community is still brand new construction. (NEW HOME CONSTRUCTION TIP – be sure to take me with you to ANY brand new home-that way you will get a second set of eyes watching out JUST for you PLUS I gift all my buyers with a one year home warranty BUT IF you buy a brand new home, it will be a FOUR year home warranty that starts after the builder's one year warranty ends. 😀) And the fifth retirement home community is Silverado Homes at Eskaton Village – known for its many great aging in place options that allow so many seniors with health and aging needs to stay in their own home longer than the norm.
In Lincoln, there are two 55+ retirement home communities – Sun City Lincoln Hills which is the largest of all of these lovely retirement communities in the three-city area and Esplanade at Turkey Creek – one of our newest 55+ retirement communities. PLUS BRAND NEW to our area, located within the Bickford Master Plan is Trilogy®, a brand-new 55+ community offering resort-style living just east of the highly desirable city of Lincoln and north of Rocklin, 24 miles northeast of Sacramento in the foothills of the Sierra Nevada Mountains.
In addition, there is one 55+ retirement community in Rocklin and it is Springfield at Whitney Oaks.
Today I am going to focus on the five 55+ Retirement Communities Roseville CA offers
7-30-23 Real Estate Market in All Roseville CA 55 Communities
According to Metrolist MLS, there are currently 19 houses for sale in all 5 of our lovely Roseville CA 55 Communities ranging in price from $429,000 – $779,999
June 2023 Real Estate Market In All Roseville CA 55 Communities
According to Metrolist MLS, 29 Homes sold in June 2023.
Of the homes that sold, the prices ranged from $448,000 to $875,000 with a median price of $617,069 and an average price of $617,069 . The days on market ranged from 3-229, with the median being 14 and the average being 40.
Of the homes that closed – 11 sold for less than the asking price, 9 sold for the asking price, and 9 sold for over the asking price.
And if you combine the homes above with Rocklin and Lincoln, you currently have over 65 to look at below!
Looking at the Broader Area of Placer and Sacramento Counties
Placer County
- According to Metrolist MLS, there are currently 740 houses for sale in Placer County.
- 43 Homes decreased in price in the last 7 days
- 6 Homes increased in price in the last 7 days
According to Metrolist MLS, 497 homes sold in Placer County in June 2023
Sacramento County
- According to Metrolist MLS, there are currently 912 houses for sale in Sacramento County
- 71 Homes decreased in price in the last 7 days
- 21 Homes increased in price in the last 7 days
According to Metrolist MLS, 791 homes sold in Sacramento County in June 2023
Mortgage Rates Via Freddie Mac's weekly PMMS® Data
Rates as of July 20, 2023
30-Year fixed-rate mortgage – 6.78%
15-Year fixed-rate mortgage – 6.06%
BOTTOM LINE For June 2023 Monthly Update plus the Weekly 7-30-23 Real Estate Market in Roseville CA Area
The Fed raised the rates this past week and this time the interest rates seem to have gone up as a result.
Our weather is going back and forth between hot and very hot, right along with those Delta Breezes.
Our 7-30-23 real estate market in Roseville CA area is staying busy! One thing I really noticed – the number of homes that sold for more does seem to be increasing a bit more but still and all, many also went down. Happy news for both buyers and sellers.
If YOU need to buy or sell or both, do give me a call. I'd love to take good care of you and your real estate needs! 916-768-0127 or KayeSwainRE@gmail.com – And to sign up for my free newsletter, with info about our Roseville area, including fun holiday events, great options for recycling, real estate updates, and so much more – just go to KayeSwain.com/newsletters. If you prefer snail mail with cute cards and shorter updates, email me at KayeSwainRE@gmail.com and ask to be put on my cards list. 😊
Have a lovely week!
Curious about the difference between an average price and the median price? There's a great explanation at the Center for Real Estate at Wichita State University. Basically, “average and median are both measures of ‘central tendency,' in that they are intended to provide some indication of a typical or middle value of a set of data. The average is calculated by adding up all of the individual values and dividing this total by the number of observations. The median is calculated by taking the ‘middle' value, the value for which half of the observations are larger and half are smaller. When there is a possibility of extreme values, the median is generally the better measure to use.” And with all the extremes we are seeing in our area, THAT's why I generally use the median, although occasionally – like today – I will use the average as well. 😀
Click here for their great example.
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.
