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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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September 2022 Real Estate Market in Roseville CA Area

Thank you for sharing....

Happy October!

It's that time again – time to look back at the previous month, now that all the statistics, well most anyway, are in. It gives us a snapshot of our local real estate market. So here are the stats for the September 2022 real estate market in Roseville CA area. In general, people are buying, but not as many. Houses are selling, but not as fast. Open houses are still happening, and I was delighted to get several visitors to my last one at a lovely 55+ 2 bedroom 2 bath home in the delightful Silverado Homes at Eskaton Village.

Kaye Swain REALTOR Showing off Silverado Homes at Eskaton Village in Roseville CA
Kaye Swain Roseville REALTOR showing off a cupboard at an open house

Of course, all of that is generally true for this time of year anyway as we approach the holidays, but we are seeing more than the norm due to the Fed rates going up again followed by the mortgage interest rates. And yes, another increase is expected in November. BUT the good news is that right now our market seems to be “normalizing” leading to opportunities for many buyers who have previously been shut out of the real estate market in Roseville and our surrounding area. And keeping it all in perspective – the 7% that interest rates are at currently is TWO percent LESS than my least expensive mortgage in the past! And even when you have to drop the price of your home to sell it, it's probably still going to bring in an excellent rate of return over all! 

Once again, we're looking at single family homes with 0-.25 acres in Placer and Sacramento County real estate, as well as a handful of cities in those counties including the real estate market for Roseville CA. I also like to check in on info for both of our two Sun City 55+ golf retirement communities in Roseville and Lincoln along with Silverado Homes at Eskaton Village. I'm also going to add some of the TrendGraphix Charts for the Roseville numbers.  And, by special request, I will have some Lake of the Pine statistics as well. 🙂

Placer and Sacramento Counties

September 2022 Real Estate Market in Placer County

275 Homes sold in Placer County September 2022 

The number of homes sold in September 2022 was down 11.9% compared to last month and down 32.8% from last September.

Number of homes sold vs number of homes for sale in Placer County CA September 2022
Number of homes sold vs number of homes for sale in Placer County CA September 2022
Homes closed and homes for sale in Placer County CA in September 2022
Homes closed and homes for sale in Placer County CA in September 2022

The average sold price was about $640,000 which was down 1.5% from last month and down from last September by only 0.6%

Interestingly the average FOR sale price was UP 1% from last month and UP 5.1% from last year. If you are selling your home, you would be wise to price it according to this year's market instead of still trying to get the higher prices of last year. It will sell quicker (MUCH less hassle for you that way) and if it sits too long on the market, you might end up discounting even more than you needed to. Buyers sometimes (often) look at prolonged days on market as a problem issue with the house, even if there is no problem other than over-pricing it.

Speaking of *days on market – the average *CDOM – cumulative days on market – for Placer County in September 2022 was 34 which was a 21.4% increase from last month and a whopping 142.9% increases from September 2021.

September 2022 Real Estate Market in Sacramento County

900 Homes sold in Sacramento County September 2022

The number of homes sold in September 2022 was down 7.4% compared to last month and down 34.6% from a year ago. 

City Stats

September 2022 Real Estate Market In Roseville CA

138 Homes sold in Roseville CA in September 2022

The number of homes sold in September 2022 was down 4.2% compared to last month and  26.2% compared to last year meaning Roseville was ahead of Placer County as a whole. 😀

Check out these graphs from TrendGraphix.

Graph of Number of homes for sale - sold - pended in Roseville CA in September 2022
Graph of Number of homes for sale – sold – pended in Roseville CA in September 2022
Number of homes for sale - sold - pended in Roseville CA September 2022
Number of homes for sale – sold – pended in Roseville CA September 2022
Graph showing average for sale and sold prices in Roseville CA September 2022
Graph showing average for sale and sold prices in Roseville CA September 2022
Average For Sale and Sold Prices in Roseville CA September 2022
Average For Sale and Sold Prices in Roseville CA September 2022
Average For Sale and Sold Prices in Roseville CA September 2022
Average For Sale and Sold Prices in Roseville CA September 2022

September 2022 Real Estate Market In Rocklin CA

38 Homes sold in Rocklin CA in September 2022

The number of homes sold in September 2022 was down 22.4% compared to last month and down 54.8% from last year's 84!

September 2022 Real Estate Market In Lincoln

21 Homes sold in Lincoln CA in September 2022

The number of homes sold in September 2022 was down 41.7% compared to last month and  down 38.2% compared to last year. 

September Real Estate Market In Citrus Heights CA

55 Homes sold in Citrus Heights CA in September 2022

The number of homes sold in September 2022 was down 11.3% compared to last month and  31.2% compared to last year. 

Three of The Lovely 55+ Communities in Placer County

Turkey crossing zones put smiles on the face of many baby boomers and senior citizens in Roseville CA and the surrounding area
Turkey crossing zones put smiles on the face of many baby boomers and senior citizens in Roseville CA and the surrounding area

September (and October) 2022 Real Estate Market In Sun City Roseville CA

32 Homes for sale in Sun City Roseville CA as of October 15, ranging from $444,000 – $795,000

September 2022

  • Homes for Sale in Sun City Roseville that closed in September 2022  – 23  
  • Median square feet  –  1658
  • Median closed price – $600,000
  • Median days on market  – 29
  • 11 homes sold for under asking – ranging from $4,000 -$55,000  under
  • 8 homes sold for asking price
  • 4 homes sold for over asking price, ranging from $900 to $24,000
  • Interestingly – only one of the over asking had multiple offers (2) while a few of the “at price” or “below price” homes had multiple offers (2 or 3)

September 2021

  • Homes Closed – 18
  • Median square feet – 1582
  • Median closed price – $560,810
  • Median days on market – 7

Sneak Preview for October for Sun City Roseville

So far through October 15, 2022 – 5 homes have closed in Sun City Roseville CA and 15 homes are pending. The median closed price of the 5 is $547,500.

September (and October) 2022 Real Estate Market In Sun City Lincoln CA

60 Homes for sale in Sun City Lincoln CA on October 15, 2022, ranging in price from $479,000  – $919,000.

September 2022

  • Homes Closed  – 23
  • Median square feet  –  1,782 
  • Median closed price – $640,000
  • Median days on market  – 11

 

  • 11 homes closed under the asking price – ranging from $5,000  – $45,000 under asking
  • 7 homes closed for the asking price
  • 5 homes closed over the asking price – ranging from $1,000  – $32,000
  • All but one of the over asking did get multiple offers, while

September 2021

  • Homes Closed  – 33
  • Median square feet – 1,903
  • Median closed price – $675,000
  • Median days on market -4

Sneak Preview for October 2022 for Sun City Lincoln CA

So far through October 15, 0 homes have closed, 18 homes are pending.

September (and October) 2022 Real Estate Market In Silverado Homes at Eskaton Village

6 Homes for sale in Silverado Homes at Eskaton Village on October 15, 2022, ranging in price from $469,900  – $589,000 

September 2022

  • Homes Closed  – 1
  • Median square feet  –  1,645
  • Median closed price – $575,000
  • Median days on market  – 53

 

  • 0 homes closed under the asking price
  • 1 homes closed for the asking price
  • 0 homes closed over the asking price

September 2021

  • Homes Closed  – 1
  • Median square feet – 1,373
  • Median closed price – $467,000
  • Median days on market – 3

Sneak Preview for October 2022 for Silverado Homes at Eskaton Village

So far through October 15, 0 homes have closed, 4 are pending.

Here's a video home tour I made of the house I did an open house at last week. What do you think? 😊

 

Lake of the Pines

20 homes are available as of October 15, 2022

Lake of the Pines – September, 2022

  • 14 homes closed
  • 8 closed for under the asking price – ranging from $14,000 – $60,000 under asking
  • 3 closed at asking price
  • 3 closed over the asking price – ranging from $10,000 – $35,000 over asking

Lake of the Pines – September 2021

  • 9 homes closed
  • 4 sold for under the asking price – ranging from $6,000-$75,000 under
  • 1 sold at the asking price
  • 4 sold for over the asking price – ranging from $51,000 – $235,000 over!

BOTTOM LINE For September 2022 Real Estate Market in Roseville CA Area

Homes will continue to sell, as people have needs arise. Prices will, for the most part, continue to drop, unless two or more people fall in love with the same home and there are multiple offers – then we are still seeing a few of those that go higher. For that matter, we are also seeing some that have multiple offers but they go for less than listing.

If you need to sell or to buy, I would love to help you. I've been in real estate for over eight years and love what I do. And I LOVE to help my clients fulfill their specific needs. Give me a call at 916-768-0127 or email me at KayeSwainRE@gmail.com and let's get going. 😀

Call Kaye 916-768-0127
Kaye Swain Roseville Area REALTOR, including our great 55+ communities like Sun City Roseville as well as brand new home construction.

 

 

 

 

 

 

P.S. Be sure to stay current on real estate in our area AND on all the interesting and fun happenings in our area – including holiday events – sign up now for my FREE weekly email newsletter. Click here!

KayeSwain.com/free-weekly-area-updates

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

*Per Showing Time – “DOM measures the number of days from the last time a listing is listed to the last pending status before the listing is sold. CDOM measures the number of days from when a property is first listed to when a property goes into the last pending status before being sold.”

 

]All reports 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.

 

 

 

Contents of this article...

  • Happy October!
  • Placer and Sacramento Counties
    • September 2022 Real Estate Market in Placer County
  • City Stats
    • September 2022 Real Estate Market In Roseville CA
    • September 2022 Real Estate Market In Rocklin CA
    • September 2022 Real Estate Market In Lincoln
    • September Real Estate Market In Citrus Heights CA
  • Three of The Lovely 55+ Communities in Placer County
    • September (and October) 2022 Real Estate Market In Sun City Roseville CA
    • September 2022
    • September 2021
    • Sneak Preview for October for Sun City Roseville
  • September (and October) 2022 Real Estate Market In Sun City Lincoln CA
    • September 2022
    • September 2021
    • Sneak Preview for October 2022 for Sun City Lincoln CA
  • September (and October) 2022 Real Estate Market In Silverado Homes at Eskaton Village
    • September 2022
    • September 2021
    • Sneak Preview for October 2022 for Silverado Homes at Eskaton Village
  • Lake of the Pines
    • Lake of the Pines – September 2021
  • BOTTOM LINE For September 2022 Real Estate Market in Roseville CA Area

Posted in: Real Estate Info, Roseville Area Tagged: 55+ senior retirement homes, Brand New Homes, homes for sale in Citrus Heights, homes for sale in Rocklin, real estate update, Retirement, Roseville CA, Sun City Lincoln Hills, Sun City Roseville Homes for Sale

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10-23-22 Real Estate Market in Roseville CA Area »
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

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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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Use of this site means you agree to the Metrolist Terms of Use. The content relating to real estate for sale on this web site comes in part from the IDX program of the MetroList MLS Services. Listing content is copyright © 2017 MetroList MLS Services. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers. personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. Please contact Kaye Swain Real Estate directly for additional information pertaining to the status and availability of properties displayed on this website.

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