May 2022 Real Estate Market Update for Roseville Area
We are still in a sellers market. That being said, there are some very interesting changes.
All single family homes in Sacramento County:
Using Trend Graphix for this May 2022 Real Estate Market Update
Comparing This Year Vs. Last Year – May 2022 vs May 2021
My Sacramento buyers will be very happy to hear this good news!
- Available for sale May 2022 – 1366
- Available for sale May 2021 – 859
- 59% increase this year
- Homes sold May 2022 – 1207
- Homes sold May 2021 – 1484
- 18.7% decrease this year
- Homes pending May 2022 – 1356
- Homes pending May 2021 – 1551
- 12.6% Decrease
Comparing This Month Vs. Last Month – May 2022 vs April 2022
- Homes available May 2022 1366
- Homes available April 2022 1059
- 29% increase
- Homes sold May 2022 1207
- Homes sold April 2022 1414
- 14.6% decrease
- Homes pending May 2022 1356
- Homes pending April 2022 1310
- 3.5% increase
All single family homes in Placer County:
Using Trend Graphix for this May 2022 Real Estate Market Update
My Placer County AND 55+ buyers will LOVE these numbers!
Comparing This Year Vs. Last Year – May 2022 vs May 2021
- Available for sale May 2022 – 682
- Available for sale May 2021 – 336
- 103% increase this year
- Homes sold May 2022 – 491
- Homes sold May 2021 – 596
- 17.6% decrease this year
- Homes pending May 2022 – 543
- Homes pending May 2021 – 631
- 13.9% Decrease
Comparing This Month Vs. Last Month – May 2022 vs April 2022
- Homes available May 2022 – 682
- Homes available April 2022 – 563
- 21.1% increase
- Homes sold May 2022 – 491
- Homes sold April 2022 – 551
- 10.9% decrease
- Homes pending May 2022 – 543
- Homes pending April 2022 – 503
- 8% increase
All 55+ Homes in Sun City Lincoln
Using Trend Graphix for this May 2022 Real Estate Market Update
Comparing This Year Vs. Last Year – May 2022 vs May 2021
- Available for sale May 2022 – 28
- Available for sale May 2021 – 13
- 115.4% increase this year
- Homes sold May 2022 – 24
- Homes sold May 2021 – 38
- 36.8% decrease this year
- Homes pending May 2022 – 37
- Homes pending May 2021 – 40
- 7.5% Decrease
Comparing This Month Vs. Last Month – May 2022 vs April 2022
- Homes available May 2022 – 28
- Homes available April 2022 – 25
- 12% increase
- Homes sold May 2022 – 24
- Homes sold April 2022 – 26
- 7.7% decrease
- Homes pending May 2022 – 37
- Homes pending April 2022 – 20
- 85% increase
All Single Family Homes in Roseville CA
Using Trend Graphix for this May 2022 Real Estate Market Update
And WOW! I could NOT resist using these adorable dogs to illustrate the biggest increase of all! My Roseville buyers are going to be so excited to hear this!
Comparing This Year Vs. Last Year – May 2022 vs May 2021
- Available for sale May 2022 – 217
- Available for sale May 2021 – 78
- 178.2% increase this year
- Homes sold May 2022 – 180
- Homes sold May 2021 – 215
- 16.3% decrease this year
- Homes pending May 2022 – 207
- Homes pending May 2021 – 213
- 2.8% Decrease
Comparing This Month Vs. Last Month – May 2022 vs April 2022
- Homes available May 2022 217
- Homes available April 2022 168
- 29.2% increase
- Homes sold May 2022 – 180
- Homes sold April 2022 – 209
- 13.9% decrease
- Homes pending May 2022 – 207
- Homes pending April 2022 -194
- 6.7% increase
All 55+ Homes In Roseville
Using the MLS Aggregate Statistics (Trend Graphix Doesn't Cover this category in Roseville)
Comparing This Year Vs. Last Year – May 2022 vs May 2021
2022
- Homes Closed 2022 – 19
- Average square feet 2022 – 1783
- Average closed price 2022 – $684,263 (median $688,500)
- Average days on market 2022 – 5
2021
- Homes Closed 2021 – 27
- Average square feet 2022 – 1856
- Average closed price 2022 – 605,844 (median 610,000)
- Average days on market 2022 – 6
Comparing This Month Vs. Last Month – May 2022 vs April 2022
- Homes sold May 2022 – 19
- Homes sold April 2022 – 35
Bottom Line
I had fun finding cute pictures to illustrate that there are, indeed, more homes available this year than last year all across the board for Sacramento and Placer County. BUT while my buyers will be getting excited, you'll have also noticed that fewer homes have sold. I would guess primarily due to interest rates going up, along with prices still being high. Thus, in spite of all the extra inventory, it's not enough and we are STILL in a seller's market.
SELLERS – if you need to sell and you've just been waiting for the market to get a bit higher, I would recommend that you need to get your home on the market NOW. Also, you are probably going to need to price your house a bit more reasonably than in the past few months AND be open to more reasonable offers or your house could languish for a month or more, as some really lovely homes are doing right now (including some I just wrote about.)
BUYERS – it's still a challenging market. I would encourage you to take a close look at any house that has been on the market for more than a few days. You may have some good wiggle room for an offer there.
Sellers should still get great equity, just not as much as 3 months ago maybe. And interest rates being up, means prices will be higher for buyers.
ONE ESPECIALLY GOOD THING though – if you use me as your agent, you will save money! I provide a home warranty free for all my buyers AND I provide great photos, 3d matterhorn virtual tours, floor plans, regular open houses (if you want them), virtual open houses and great publicity on my blogs and on Facebook, and more!
Call, text, or email me – Kaye Swain, 916-768-0127, KayeSwainRE@gmail.com and let's chat. And HAVE A GREAT DAY!
P.S.
