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KAYE SWAINKAYE SWAIN

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

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KayeSwainRE@gmail.com
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Roseville Real Estate Market Update Including Recent Homes Sold in Roseville CA

Thank you for sharing....

Baby Boomers buying or selling in Sun City Roseville CA or other 55 retirement communityCurious about our Roseville CA real estate market 2020?

Are you wondering about our Roseville CA real estate market, including recent homes sold in Roseville CA? It does seem like an excellent time to check it out, don't you think? And don't forget, you can find all my posts on the local real estate market trends by clicking here OR on the “real estate market update” tab above. 🙂

Looking Back for Roseville CA Real Estate Market

Kaye Swain West Roseville REALTOR sharing real estate market report

In order to get a feel for what the Roseville California market will be doing in 2020, we need to look back to 2019 and even a bit of 2018. According to Trendgraphix, there were about 27% fewer Roseville CA homes for sale in December 2019 than in December 2018. But the number of Roseville California homes sold / closed in December 2019 was up over 11% compared to December 2018. So our strong seller's market continues!

Over the past year, the average days on market for the Roseville CA real estate market in general has run from 28 days (in May) to 59 days (in December 2018 and in January 2019). This past December, 2019 there were an average of 54 days on market.

Trendgraphix reports that the months of inventory based on closed sales remains quite low – with December 2019 being the lowest at only 1.4 months of homes available to sellers. Again – another indicator of our strong seller's market.

Make a strong offer in a sellers market to buy a Roseville CA house you really love

Based on these figures, I would estimate we will again see many examples of multiple bids. If you are interested in buying, I recommend looking at homes priced a bit under your actual budget and when you find one you love, consider make a strong offer, including a higher amount, right from the get-go. I have some sweet clients who wished they'd done that sooner. They love their current homes but regretted the “one that got away.” And not all sellers will automatically counter. Sometimes, the first offers are what decide it, even though some would have been willing to go higher or “sweeten the pot” in another way.

For sellers, this should also be an excellent time to sell. With so few homes available, your home will be a “hot commodity” indeed!

38 homes have closed escrow in 2020, in the 12 days since New Year's Day! These range in price from $200,000 (a condo) – $730,000.

Kaye Swain Roseville REALTOR sharing Roseville CA homes sold 2020 thru 1 12 20

Spotlight on Roseville CA 95747

Kaye Swain Real Estate Agent sharing real estate market information for West Roseville CA 95747

Next, I'd like to point a spotlight at the Roseville real estate market in Roseville CA 95747, home to many large and lovely homes, as well as single story homes and the four beautiful 55+ senior retirement communities, including the Sun City Roseville golf course homes and their other lovely retirement community homes.

For this, I'll turn to the latest Altos Research Report from January 8, 2020, which states: “The median list price in Roseville CA 95747 homes for sale is $568,181.”

“The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Sellers' Market zone…If the market heats up persistently” (common in Roseville in the spring) “prices are likely to resume an upward climb.”

Altos' Real-Time-Market Profile for the week includes:

  • Average days on market – 85
  • Median house size in Roseville CA 95747 – 2,438 square feet
  • Median lot size – 5601-8000 square feet
  • Median number of bedrooms – 4.0
  • Median number of bathrooms – 2.5

Altos goes on to state, “we continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.”

While that could happen at any time, I've been seeing this statement on these particular real estate market reports for a LONG time.

Homes sold in Roseville CA 95747 in the past month

Roseville CA homes sold in past month thru 1 12 2020 pg 1

Roseville California homes sold in past month thru 1 12 2020 pg 2

Homes sold in Roseville CA in past month thru 1 12 2020 pg 3

55+ Retirement Communities in Roseville CA

Timber Creek Golf course homes in Sun City Roseville by Kaye Swain Real Estate Agent

55+ Homes Sold in Roseville CA 95747

Here are some of the homes sold in Roseville CA 95747 in the past month that are just in our 55+ retirement communities in West Roseville. For the most part, these are Del Webb's Sun City Roseville, Del Webb's The Club at Westpark, and the Silverado homes at Eskaton Village Roseville, though we are starting to see some of the Lennar homes and other Roseville senior living 55+ homes pop up. (Generally, the brand new construction does not show up on the MLS right away.)

Homes Sold in Roseville CA in the 55+ retirement communities of 95747

Mortgage and Interest Rates

A big shout out to one of my top lenders, Rodney Anderson, for sharing this great news about mortage and interest rates. According to CoreLogic, “The U.S. housing market is poised for a brisk year. In CoreLogic's latest Home Price Insights report, Chief Economist Dr. Frank Nothaft said, “The latest U.S. index shows that the slowdown in home prices we saw in early 2019 ended by late summer. The decline in mortgage rates has supported a rise in sales activity and home prices.” CoreLogic predicts home prices will rise 5.3% year-over-year by November.”

Per Freddie Mac, “the low mortgage rate environment combined with the red-hot labor market is setting the stage for a continued rise in home sales and home prices!”

More great news, indeed!

What Does This Mean?

Baby Boomers buying or selling in Sun City Roseville CA or other 55 retirement community

This is an EXCELLENT time to buy OR sell your home. Interested? We'd love to help you. We enjoy providing “going-out-of-my-way great service to our real estate clients including providing all buyers AND sellers with a one-year upgraded home warranty from Old Republic!

Thinking of purchasing a brand new home! We can help YOU as well. It's vital that YOUR interests are watched out for as well as the builders. The builders' agents make the builder their top priority – as they should. But WE make YOU our TOP PRIORITY!

AND when you buy a brand new construction home, the Old Republic warranty we gift you is for FOUR years and can start at the beginning of year two in your new home, when the builder's primary warranty ends.

And YES, I and my clients who have bought brand new homes have all made good use of those warranties in the first few years!

Ready? Just email, text, or call us at kaye@kayeswain.com or 916-768-0127.

Kaye

PS Click here to always find my latest Roseville real estate market update posts!

PPS Would you also like to see the available Roseville CA homes for sale, including Sun City Roseville homes for sale and other 55+ homes for sale?  These are in order of most recently listed, so you can bookmark this page and check back often if you'd like to see the latest and greatest. 🙂

Contents of this article...

  • Curious about our Roseville CA real estate market 2020?
  • Looking Back for Roseville CA Real Estate Market
  • Spotlight on Roseville CA 95747
      • Homes sold in Roseville CA 95747 in the past month
  • 55+ Retirement Communities in Roseville CA
      • 55+ Homes Sold in Roseville CA 95747
  • Mortgage and Interest Rates
  • What Does This Mean?

Posted in: Real Estate News Tagged: 55+ senior retirement homes, 95747, Del Webb The Club At Westpark, homes for sale Roseville CA, Real Estate Market Update, Retirement, Roseville CA, Silverado Homes at Eskaton Village, Sun City Roseville, West 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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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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