Sept. 9, 2022

Fair Oaks Housing Market Data as of September 2022

Fair Oaks Housing Market Data for September 2022

.

Median Housing Market Data

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Housing prices are up about 2% in Fair Oaks.  That’s comparing August home sales this year to August last year.  Housing prices have been flat over the last few months.  The housing market has changed.

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The DOM shows homes are staying on the market longer (highlighted in green).  But the homes sold are still selling quickly (highlighted in blue).  But they are slowing down as the number continues to increase.  Pricing it correctly and marketing the home is important now more than ever.

.

This time of year, it’s normal for the housing market to slow down.  Once the children go back to school, the housing market slows.  As the holidays approach, they will slow down even more.

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If you have a Real Estate agent you like or use, make sure they will share the truth with you.  The best time to sell a home is between March 1st and July 15th.  The link below shows you statistics on home sales by time of year.  I will be honest as it's your family's needs and money.

https://www.allcahomes.com/blog/best-time-year-sell-home/

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Comparing the list price and the sales price, homes are selling for below list price in red below.  If you are a home buyer, be careful here to avoid overpaying for a home.

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Of the homes currently pending in Fair Oaks, June had 45% with more than one offer.  July had 35%, and August was at 37% with more than one offer.

.

Of the homes that sold with more than one offer, June had 63%, July had 49%, and August had 45%.  Last year in August, home sales had 59% with more than one offer.

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If you are considering selling, I have made an import do and don’t list for you.  This is very helpful when selling a home and can make a difference.

See the Do’s and Don’t here!

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For more housing information, visit my blog at https://www.allcahomes.com/blog/.

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June-22

 

# Listings

List Price

Sale Price

DOM

Active

91

$739,000

$0

18

Pending

40

$612,500

$0

9

Sold

48

$644,950

$645,000

7

Sold 2021

66

$599,500

$620,000

8

July-22

 

# Listings

List Price

Sale Price

DOM

Active

74

$704,000

$0

31

Pending

48

$744,000

$0

25

Sold

39

$625,000

$610,000

10

Sold 2021

64

$590,000

$619,500

6

August-22

 

# Listings

List Price

Sale Price

DOM

Active

74

$699,250

$0

41

Pending

54

$627,500

$0

12

Sold

53

$649,000

$640,000

19

Sold 2021

69

$599,000

$630,000

9

.

I want to put you in the best possible position to get a home at the best price.  I have a method to get you the best price possible on a home without over-biding.  Please feel free to give me a call, text, or email to find out how my system works.

.

 

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your largest investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will yield fruit in the future.  Planning is the best way to make this happen.

Posted in Real Estate News
Sept. 7, 2022

Roseville Housing Market Data for September 2022 ???? ???????? ????

Roseville’s Housing Market Conditions for September 2022

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Median Housing Market Data

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Roseville home prices are up 1% comparing August home sales this year to August last year.  But, home prices are down 7% comparing home sales in June to August.

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Let’s look at the DOM and compare other home sales data below.  Highlighted in green are the active listings.  Notice that they are increasing each month.  Also, look at the difference between active and sold listings.  The sold listing is much lower.  Home sellers are pricing their homes correctly, and it’s selling much faster.

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Comparing the list price to the sold price below.  Highlighted in red below in August, the listing price is higher than the sold price.  This indicates that more homes are starting to sell below the list price.  June also was below.

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Home sales have slowed down.  There have been far fewer home sales with more inventory (active listings).  In August this year, there were 158 homes that closed or sold.  Last year in August, there were 237 that sold.

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When looking at the multiple offers of the homes that are pending, June 37%, July 25%, and August 30%.  Dropping overall but a little up and down currently.

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Of the homes sold, June had 50% with more than one offer.  July had 38% and August 34%.

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What do you get out of all these numbers?  The housing market has changed and is slowing down.  But, if you price your home correctly and market it to the best home buyers, homes are still selling quickly.

.

If you are considering selling, I have made an import do and don’t list for you.  This is very helpful when selling a home and can make a difference.

See the Do’s and Don’t here!

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For more housing information, visit my blog at https://www.allcahomes.com/blog/

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June-22

 

# Listings

List Price

Sale Price

DOM

Active

341

$689,000

$0

22

Pending

192

$694,628

$0

13

Sold

191

$685,000

$680,000

10

Sold 2021

232

$599,900

$639,000

5

July-22

 

# Listings

List Price

Sale Price

DOM

Active

390

$672,450

$0

29

Pending

185

$659,990

$0

18

Sold

157

$675,000

$687,034

14

Sold 2021

234

$595,000

$609,000

6

August-22

 

# Listings

List Price

Sale Price

DOM

Active

378

$670,000

$0

32

Pending

217

$646,900

$0

18

Sold

158

$639,450

$630,000

20

Sold 2021

237

$600,000

$625,000

6

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I want to put you in the best possible position to get home at the best price.  I have a method to get you the best price possible on a home without over-biding.  Please feel free to give me a call, text, or email to find out how my method works.
.

 

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your most significant investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will produce fruit in the future.  Planning is the best way to make this happen.

Posted in Real Estate News
Sept. 6, 2022

Rocklin Housing Market Data for September 2022 ???? ????????????????

Rocklin Housing Market Data for September 2022

 

Median Housing Market Data

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Rocklin housing prices are up 👆 6%.  This is comparing August home sales this year to August last year.  However, comparing June home sales this year to August of this year, home prices are down 👇 5%.

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All the indicators show a changing housing market 💦🔥💦.  The question is, when will the housing prices start to drop?  The DOM (days on market) continues to increase.  This is highlighted in green below.

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Total home sales have dropped.  Highlighted in blue below.

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Comparing the list price to the sales price below. Indicating multiple offers. In June, the sales price was much higher than the list price. In the last 2 months, the sales price has been the same as the list price.  This indicates that multiple offers are much lower.

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Now looking at the multiple offers of the homes that are pending.  In June, 49% had more than one offer.  That dropped to 29% in July, and in August, it was 33%.

.

Of the homes sold, June had 56% with more than one offer.  In July, 42% and in August, 40% had more than one offer.  Last year in August, 70% of the homes sold had more than one offer.

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Home sellers are currently having to drop their prices to get their homes sold.  Be careful here with the changing housing market.

.

If you are considering selling, I have made an import do and don’t list for you.  This is very helpful when selling a home and can make a difference.

See the Do’s and Don’t here!

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/

.

June-22

 

# Listings

List Price

Sale Price

DOM

Active

112

$739,500

$0

15

Pending

67

$749,500

$0

12

Sold

82

$705,000

$735,000

7

Sold 2021

124

$664,500

$715,000

6

July-22

 

# Listings

List Price

Sale Price

DOM

Active

140

$727,000

$0

25

Pending

51

$774,000

$0

18

Sold

53

$749,500

$750,000

12

Sold 2021

113

$638,800

$650,000

6

August-22

 

# Listings

List Price

Sale Price

DOM

Active

136

$749,950

$0

28

Pending

52

$682,000

$0

28

Sold

57

$699,000

$699,000

21

Sold 2021

104

$649,975

$662,500

7

.

I want to put you in the best possible position to get a home at the best price. I have a system to get you the best price possible on a home without over-biding. Please feel free to give me a call, text, or email to find out how my system works.
.

 

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your largest investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will yield fruit in the future.  Planning is the best way to make this happen.

Posted in Real Estate News
Aug. 23, 2022

Best Time of Year to Sell a Home

This graph does not lie! If a Realtor tells you it does not matter when you list your home, think again! Notice how the red and yellow lines dip in May and increase through December. The best time to sell a home is March 1st through the end of May. Even the first part of June is alright.
On average, about 41% sold below list price. While in December it increases to about 63%. Remember, this is the average over many years.
In 2021 (the yellow line), about 16% sold below the list price in May. In December, this number increased to about 37%
If you want the most for your home, let's put together a plan just for you. Reach out, and let's talk.
This graph was from sacramentoappraisalblog.com Thank you, Ryan Lundquist
Posted in Real Estate News
Aug. 9, 2022

Antelope Housing Market Sales Data as of August 2022 ???????? ???? ????

Antelope Housing Market Data for August 2022

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Median Housing Market Data

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This housing market has changed!!!  Antelope home prices are up 👆 just 2% from July 2021.  Comparing home sales in May this year to July, home prices are down 👇 10%.  These numbers are in red below.

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A sign of a slowing housing market is the DOM increasing.  In Antelope, it has not increased that much yet.  Other areas around Sacramento have increased significantly.  I expect this to increase next month.

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Inventory is going up.  This time of year, it’s normal for it to increase.  These numbers are highlighted in green below.  The active listings (inventory) have continued to increase over the last few months.  With more competition, you CAN'T price your home as high.  Look at home sales in July.  Only 26 homes sold, while last year 73 sold.

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The time of year affects the housing market and the interest rate hikes.  Once the children go back to school, the housing market will usually cool off.  It can even take a significant drop.

.

Multiple offers are another area that will show a housing market change.  In May, the pending homes had 56% with more than one offer.  That dropped 👇👇👇 to 46% in June, and in July, 43%.  This pending will be the first area for this number to change.

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The housing market has changed, and it’s important to stay ahead.  If you are buying a home, DON’T OVERBID.  If you are selling, DON’T GET TOO AGGRESSIVE.

.

**If you are buying a home, don’t overbid.  I expect homes will sell for less than the list price soon.  I have seen home buyers overpay for a home by 40k or more.  Be careful!

.

Major factors that go into buying a home that needs to be considered.  Are the expensive things such as the HAVC, roof, fencing, condition, and water heater?

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/.

 

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May-22

 

# Listings

List Price

Sale Price

DOM

Active    40

36

$534,450

$0

12

Pending   62

57

$539,000

$0

7

Sold

43

$535,000

$560,000

7

Sold 2021

60

$470,950

$496,000

6

June-22

 

# Listings

List Price

Sale Price

DOM

Active

57

$529,900

$0

18

Pending

33

$506,125

$0

15

Sold

55

$529,000

$525,000

7

Sold 2021

48

$449,000

$468,500

5

July-22

 

# Listings

List Price

Sale Price

DOM

Active

75

$508,000

$0

18

Pending

42

$544,000

$0

15

Sold

26

$499,000

$502,500

11

Sold 2021

73

$459,950

$490,000

7

I want to put you in the best possible position to get a home at the best price.  I have a method to get you the best price possible on a home without over-biding.  Please feel free to give me a call, text, or email me to find out how my system works.

.

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your largest investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will yield fruit in the future.  Planning is the best way to make this happen.

Posted in Real Estate News
Aug. 9, 2022

Fair Oaks Housing Market Data as of August 2022 ????????

Fair Oaks Housing Market Data for July 2022

.

Median Housing Market Data

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Fair Oaks housing prices are down 👇 2%.  This is comparing July home sales this year to July last year.  Comparing home sales in May 2022 to July 2022, prices are down 👇 1%.  The housing market has changed 💦🔥💦🏡.

.

Other signs that the housing market has changed.  The DOM has increased each month.  This is highlighted in blue below.  In Fair Oaks, it’s now taking a month to get your home under contract.  I believe this number will increase more.

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Multiple offers are another area that will signal a housing market change.  It will first show in the homes that are pending.  In May, 58% of the pending homes had more than one offer.  That dropped to 45% in June and July to👇👇👇 35%.  Again, signaling a housing market change.

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Of the homes that sold with more than one offer.  May 77%, June 63%, and July 👇👇👇 49% had more than one offer.  Last year July home sales had 63% with more than one offer.

.

There have been far fewer home sales this year than last year.  July this year had 39 home sales and last year 64.  This is highlighted in green below.

.

The housing market has changed, and it’s important to stay ahead.  If you are buying a home, DON’T OVERBID.  If you are selling, DON’T GET TOO AGGRESSIVE.

.

**If you are buying a home, don’t overbid.  I expect homes will sell for less than the list price soon.  I have seen home buyers overpay for a home by 40k or more.  Be careful!

.

Major factors that go into buying a home that needs to be considered.  Are the expensive things such as the HAVC, roof, fencing, condition, and water heater?  Home sellers no longer have the upper hand when it comes to negotiations.

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/.

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May-22

 

# Listings

List Price

Sale Price

DOM

Active   52

50

$768,750

$0

16

Pending    55

45

$675,000

$0

11

Sold  50

43

$595,000

$615,000

6

Sold 2021  74

67

$599,900

$602,000

6

June-22

 

# Listings

List Price

Sale Price

DOM

Active

91

$739,000

$0

18

Pending

40

$612,500

$0

9

Sold

48

$644,950

$645,000

7

Sold 2021

66

$599,500

$620,000

8

July-22

 

# Listings

List Price

Sale Price

DOM

Active

74

$704,000

$0

31

Pending

48

$744,000

$0

25

Sold

39

$625,000

$610,000

10

Sold 2021

64

$590,000

$619,500

6

.

I want to put you in the best possible position to get a home at the best price.  I have a method to get you the best price possible on a home without over-biding.  Please feel free to give me a call, text, or email me to find out how my system works.

.

 

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your largest investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will yield fruit in the future.  Planning is the best way to make this happen.

Posted in Real Estate News
Aug. 9, 2022

Laguna West Lakeside Neighborhood Housing Market Data for August 2022 ????

Elk Grove’s Laguna West Lakeside Neighborhood

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Median Housing Market Data

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Home prices are up 17% in the Laguna West Lakeside Neighborhood.  However, the prices are starting to drop it appears.  Last month home prices were up 25%.

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Because we are looking at 6 months’ worth of home data, it will not show the housing market changing.  The month-to-month home data will show more housing market changes.  Please refer to my email for Elk Grove zip code 95758 to see the current housing market condition.

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Looking at the numbers below, we had a very low inventory last year but more home sales.  More home buyers created the quickly rising housing prices.  Notice that there are far fewer home sales this year than last year.  I highlighted it in blue below.

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/.

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May Back 6 Months

 

Active Listings

List Price

Sale Price

DOM

Sold 2021

62

$508,500

$540,000

5

Sold 2022

49

$649,000

$665,000

7

June Back 6 Months

 

Active Listings

List Price

Sale Price

DOM

Sold 2021

61

$530,000

$580,000

5

Sold 2022

48

$689,500

$725,500

6

July Back 6 Months

 

Active Listings

List Price

Sale Price

DOM

Sold 2021

73

$535,000

$575,000

6

Sold 2022

48

$650,500

$675,000

7

.

I want to put you in the best possible position to get home at the best price.  I have a method to get you the best price possible on a home without over-biding.  Please feel free to give me a call, text, or email me to find out how my method works.
.

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your most significant investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will produce fruit in the future.  Planning is the best way to make this happen.

.

 

 

Posted in Real Estate News
Aug. 4, 2022

Elk Grove (95758) Housing Market Data for August 2022 ????????

Elk Grove Zip Code 95758 Housing Market Data for August 2022

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Median Home Sales Data

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Elk Grove housing prices are up 👆 8% in zip code 95758.  That is comparing July home sales this year to July last year.  Comparing May home sales this year to July, housing prices are down 👇 5%.

.

Let’s look at what the housing market numbers are telling us.  The DOM (days on market) is up (highlighted in blue below).  Homes are sitting on the market longer.  This is caused by more active listings (inventory), fewer home buyers, and time of the year.  I’ll get back to the time of year in a minute.

.

Active listings (inventory) have stayed natural most from last month.  This is highlighted in green below.  In June, the active listings went up.  July is about the same as June.

.

Now let’s talk about the time of year.  The time of year affects the housing market and the interest rate hikes.  Once the children go back to school, the housing market will usually cool off 💦🔥.  It can even take a big drop.

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First, we'll look at the pending housing data.  Multiple offers play a big role in the housing market.  The multiple offers have dropped in the last few months.  In May, 69% had more than one offer.  In June, 47% and in July, 45% had more than one offer.

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The homes that sold with more than one offer in May were 70%.  In June, 62% and July, 46%.  Last year in July, 76% of the homes that sold had more than one offer.  All these numbers show that the housing market is changing and cooling off.

.

**If you are buying a home, don’t overbid.  I expect homes will sell for less than the list price soon.  I have seen home buyers overpay for a home by 40k or more.  Be careful!

.

Major factors that go into buying a home that needs to be considered.  Are the expensive things such as the HAVC, roof, fencing, condition, and water heater?

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/

.

May-22

 

# Listings

List Price

Sale Price

DOM

Active    52

50

$600,000

$0

19

Pending   54

54

$596,500

$0

9

Sold    61

56

$599,500

$625,000

7

Sold 2021

63

$499,000

$542,000

6

June-22

 

# Listings

List Price

Sale Price

DOM

Active

76

$599,919

$0

19

Pending

49

$589,900

$0

12

Sold

42

$599,475

$631,000

9

Sold 2021

66

$500,000

$547,500

6

July-22

 

# Listings

List Price

Sale Price

DOM

Active

75

$599,900

$0

25

Pending

40

$605,000

$0

15

Sold

46

$588,000

$592,500

13

Sold 2021

74

$519,000

$550,000

6

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Average Housing Market Data

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Using the average housing market data, Elk Grove prices are up 6% in the zip code of 95758.

.

Highlighted in blue below is the selling price each month.  Notice that prices have dropped in the last 3 months with this data.  Now, look at the original price and list price in the sold highlighted in green.  In June the price went up slightly while in July there was a significant drop.  This means more home sellers have had to drop their prices to sell their homes.

.

Also, compare the list price to the sold price each month.  In May, homes sold for about 20k over list price.  In June, about 15k over list price.  In July, only about 2k.

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Many home buyers will make at least one of these mistakes when buying a home.  Don’t let that be you!!!

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May-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

50

$646,270

$634,714

$0

29

Pending

54

$607,552

$608,948

$0

12

Sold

56

$650,749

$648,053

$668,114

12

Sold 2021

63

$512,093

$515,653

$556,143

13

June-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

76

$625,390

$612,836

$0

28

Pending

49

$620,720

$604,453

$0

19

Sold

42

$627,136

$628,319

$643,829

18

Sold 2021

66

$508,613

$512,773

$553,321

9

July-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

75

$627,023

$612,868

$0

33

Pending

40

$633,351

$608,368

$0

25

Sold

46

$624,048

$605,309

$607,407

19

Sold 2021

74

$537,391

$540,514

$572,552

10

.

This is comparing the last 6 months of home sales this year to the same time last year.

.

With the housing market changing, these numbers will not show as much as monthly.

.

While inventory is up, total sales are down.  Elk Grove housing prices are up 👆 16% in the zip code of 95758.

.

Elk Grove

Home Sales last 6 months

 

# of Sales

Median List Price

Median Sales Price

DOM

 Jun-21

308

$485,000

$520,000

6

 Jun-22

283

$599,000

$623,000

7

 Jul-21

340

$499,000

$535,000

6

 Jul-22

295

$598,000

$620,000

7

.

I want to put you in the best possible position to get a home at the best price.   I have a method to get you the best price possible on a home without over-biding.   Please feel free to give me a call, text, or email me to find out how my system works.

.

 

We can put a plan together to save you as much money as possible in these circumstances.   It is possible that waiting to buy or sell a home may help you have more fruit later.   Your family home is one of your most significant investments.   It's my job to ensure that it yields the highest ROI.   That means making smart decisions that will yield fruit in the future.   Planning is the best way to make this happen.

Posted in Real Estate News
Aug. 4, 2022

Carmichael Housing Market Data for August 2022 ???? ????

Carmichael Housing Market Data for August 2022

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Median Housing Market Data

.

Carmichael housing prices are up 👆 10%.  This is comparing July home sales this year to July last year.  Home prices are down comparing May to July.

.

Let’s look at what the housing market numbers are telling us.  The DOM (days on market) is up (highlighted in blue below).  Homes are sitting on the market longer.  This is caused by more active listings (inventory), fewer home buyers, and time of the year.  I’ll get back to the time of year in a minute.

.

Active listings (inventory) have stayed natural for the most part from last month. 

.

Now let’s talk about the time of year.  The time of year affects the housing market and the interest rate hikes.  Once the children go back to school, the housing market will usually cool off 💦🔥.  It can even take a big drop.

.

Multiple offers are another area that would or could indicate a change in the housing market.  The changes should show first in the homes that are pending.  In May, 61% had more than one offer.  In June, 54% and July had 53%.  So it is trending down.  Not as fast as some other areas around Sacramento.

.

Of the homes that sold with multiple offers, May was at 75%.  June had 60%, and July had 50% with more than one offer.  Last year in July, 59% had more than one offer.

.

**If you are buying a home, don’t overbid.  I expect homes will sell for less than the list price soon.  I have seen home buyers overpay for a home by 40k or more.  Be careful!

.

Major factors that go into buying a home that needs to be considered.  Are the expensive things such as the HAVC, roof, fencing, condition, and water heater?

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/

.

May-22

 

# Listings

List Price

Sale Price

DOM

Active  72

70

$633,000

$0

14

Pending   78

71

$575,000

$0

8

Sold   56

47

$599,900

$625,000

9

Sold 2021

78

$500,000

$530,000

6

June-22

 

# Listings

List Price

Sale Price

DOM

Active

90

$622,000

$0

21

Pending

57

$619,000

$0

10

Sold

73

$549,000

$560,000

8

Sold 2021

93

$512,500

$539,000

7

July-22

 

# Listings

List Price

Sale Price

DOM

Active

86

$630,000

$0

31

Pending

49

$550,000

$0

20

Sold

48

$618,500

$620,000

10

Sold 2021

82

$534,500

$565,150

8

.

Average Housing Market Data

.

Using the average housing market data, Carmichael home prices are up 👆 11%.

.

Highlighted in blue below are the active listings. Some home sellers have had to drop prices to sell their homes. This is never a good sign for the home seller. Once you have been on the market past 14 days and it’s still not pending.

.

Market conditions dictate what strategy to use when selling a home. In most cases, the longer the home is on the market, the less the seller will get for the home. Price drops are rarely good for the home seller.

.

The homes that sold in July are in red below there is not as large a gap between the original price and the list price. Also, the DOM is much lower, meaning it sold within 14 days in most cases. Home sellers did a much better job pricing their homes.

.

It’s hard to understand, but the home buyer controls the price of a home, not the seller.

.

Many home buyers will make at least one of these mistakes when buying a home. Don’t let that be you!!!

.

May-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

70

$781,472

$763,279

$0

28

Pending

71

$662,226

$651,275

$0

13

Sold

47

$675,315

$660,066

$680,777

15

Sold 2021

78

$634,047

$628,130

$642,819

16

June-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

90

$743,287

$721,870

$0

32

Pending

57

$670,219

$654,242

$0

17

Sold

73

$637,663

$632,583

$645,389

12

Sold 2021

93

$592,469

$590,168

$611,208

15

July-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

86

$774,560

$745,970

$0

42

Pending

49

$610,415

$590,404

$0

26

Sold

48

$668,144

$652,475

$660,868

17

Sold 2021

82

$584,871

$580,116

$595,269

15

.

When comparing the last 6 months of home sales this year to the same time last year.

.

With the housing market changing, these numbers will not show as much as monthly.

.

Carmichael housing prices are up 👆 10%.  The number that stands out is the number of home sales.  They are down from last year.  Total home sales have dropped drastically.  This tells us there are fewer home buyers currently shopping. 

.

Carmichael

Home Sales last 6 months

 

# of Sales

Median List Price

Median Sales Price

DOM

 Jun-21

408

$489,900

$512,500

6

 Jun-22

360

$536,500

$548,500

7

 Jul-21

419

$515,900

$540,000

7

 Jul-22

316

$589,000

$595,000

8

.

I want to put you in the best possible position to get a home at the best price.  I have a method to get you the best price possible on a home without over-biding. Please feel free to give me a call, text, or email me to find out how my system works.
.

We can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting to buy or sell a home may help you have more fruit later. Your family home is one of your largest investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will yield fruit in the future. Planning is the best way to make this happen.

 

 

Posted in Real Estate News
Aug. 3, 2022

Roseville’s Housing Market Conditions for August 2022

Roseville’s Housing Market Conditions for August 2022

.

Median Housing Market Data

.

Roseville home prices are up 👆 13%.  This is comparing July this year to July last year.  Home prices are down 👇 2% Comparing May 2022 to July 2022.

.

The housing market data shows a housing market change.  The housing market is continuing to slow down 💦🔥.

.

The DOM (days on market) continues to rise (highlighted in blue below).  I expect this to continue.

.

The active listings (inventory) also continue to rise (highlighted in bright yellow).  This I also expect to continue until October.

.

In red below are the homes that sold.  The number drops off in July quite a bit.  This is normal in a normal housing market.  Normally when the children go back to school, the housing market drops.  Notice the number of home sales last year in July compared to this year.  A large drop-off.

.

As the housing market is changing, the home sellers seem to be listing their homes for less (highlighted in green).  This is a good thing.

.

Looking at the multiple offers.  The pending will be the first to show a housing market change.  In May, the pending had 👇 44% with more than one offer.  In June, that dropped to 👇 37%, and in July, it dropped even more, 👇 25%.  I believe that this will continue to drop.

.

**If you are buying a home, don’t overbid.  I expect homes will sell for less than the list price soon.  I have seen home buyers overpay for a home by 40k or more.  Be careful!

.

Major factors that go into buying a home that needs to be considered are the expensive things.  Such as the HAVC, roof, fencing, condition, and water heater.

.

Of the homes that sold in May 👇 68% had more than one offer.  In June, it dropped to 👇 50%, and in July, it dropped to 👇 38%.  Last year in July 72% had more than one offer.

.

For more housing information, visit my blog at https://www.allcahomes.com/blog/

.

May-22

 

# Listings

List Price

Sale Price

DOM

Active

235

$729,000

$0

20

Pending   236

228

$689,387

$0

10

Sold   195

190

$674,950

$699,500

6

Sold 2021

224

$599,999

$650,000

5

June-22

 

# Listings

List Price

Sale Price

DOM

Active

341

$689,000

$0

22

Pending

192

$694,628

$0

13

Sold

191

$685,000

$680,000

10

Sold 2021

232

$599,900

$639,000

5

July-22

 

# Listings

List Price

Sale Price

DOM

Active

390

$672,450

$0

29

Pending

185

$659,990

$0

18

Sold

157

$675,000

$687,034

14

Sold 2021

234

$595,000

$609,000

6

.

Average housing Market Data

.

Using the average housing market data, Roseville home prices are up 👆 11%.  This is comparing July this year to July last year.

.

Looking at July numbers.  The homes that sold are starting to see changes as well now.  Highlighted in green below, notice the drop from the original price to the list price.  Also, the sale price is now lower than the list price.

.

I believe this will continue.

.

Many home buyers will make at least one of these mistakes when buying a home.  Don’t let that be you!!!

.

May-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

235

$812,529

$801,487

$0

28

Pending

228

$705,978

$702,240

$0

16

Sold

190

$731,225

$722,535

$746,288

11

Sold 2021

224

$641,885

$644,307

$676,445

8

June-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

341

$777,814

$760,840

$0

30

Pending

192

$745,396

$730,453

$0

22

Sold

191

$693,407

$687,703

$693,019

14

Sold 2021

232

$616,439

$617,511

$651,358

7

July-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

390

$744,571

$724,315

$0

38

Pending

185

$711,268

$695,834

$0

26

   Sold

157

$736,146

$718,606

$717,917

22

Sold 2021

234

$621,740

$621,058

$645,932

10

.

When comparing the last 6 months of home sales this year to the same time last year.

.

With the housing market changing, these numbers will not show as much as monthly.

.

Roseville housing prices are up 👆 11%.  The number that stands out is the number of home sales.  They are down from last year. 

.

Roseville

Home Sales last 6 months

 

# of Sales

Median List Price

Median Sales Price

DOM

 Jun-21

1142

$575,000

$600,500

5

 Jun-22

1081

$650,000

$673,326

6

 Jul-21

1251

$585,000

$610,000

5

 Jul-22

1121

$659,900

$675,000

7

.

I want to put you in the best possible position to get home at the best price.  I have a method to get you the best price possible on a home without over-biding.  Please feel free to give me a call, text, or email me to find out how my method works.
.

 

We can put a plan together to save you as much money as possible in these circumstances.  It is possible that waiting to buy or sell a home may help you have more fruit later.  Your family home is one of your most significant investments.  It's my job to ensure that it yields the highest ROI.  That means making smart decisions that will produce fruit in the future.  Planning is the best way to make this happen.

Posted in Real Estate News