Elk Grove’s Laguna West Lakeside Neighborhood

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Median Housing Market Data

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The homes in Elk Grove, Laguna West Lakeside Neighborhood home prices have gone down 3%. This is from last year.

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With the higher interest rates, homeowners do not want to sell their homes. They would have a higher mortgage payment if they did. Most are going to sit tight, and what?

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There were 33 homes that were sold in this neighborhood this year. Last year 41 homes sold. In 2021 87 homes were sold. That’s a big decrease in home sales. The lack of inventory is holding home prices steady. If more homes came on the market, home prices would drop.

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There is less inventory today than last year. This is causing the DOM to be low. Less to choose from.

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If you are thinking about selling, please read my book. It has excellent information. And help you sell your home for more money.

Free copy of my Seller’s book

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If you are considering buying a home or looking to buy a home. Please read my book to help save you money and second-guessing.

Free copy of my buyer’s book

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

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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 offer you the best price on a home without over-biding. Please feel free to give me a call, text, or email to find out how my method works.
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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.

Elk Grove Zip Code 95758 Housing Market Data for November 2023 Home Sales

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Median Home Sales Data

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Home prices in Elk Grove within the zip code of 95758 have dropped 3% from last year. These numbers do not indicate a normal housing market. I believe the low inventory is causing this. Let’s look at the numbers and see what they are saying.

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The heartbeat of the housing market is the active listings and the DOM. The active listings or inventory normally goes down this time of year. It is highlighted in green below. However, it has been flat. I believe this is being caused by the low inventory. It can’t go down much more. The DOM typically goes up. This is highlighted in blue below. It’s staying flat as well. I believe for the same reason. But notice the homes that sold. Their DOM is much lower. This is important. It’s somewhat different in other areas around Sacramento.

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The crazy thing is the multiple offers are way up in this area. Of the homes that sold in November, 87% had more than one offer. This usually means an increase in housing prices. But they dropped. The one normal statistic is that the pending homes dropped to 47%. It’s very unusual to have that many multiple offers, and yet the housing prices drop. This is in red below.

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The one key thing that comes out of this data is that you must price your home correctly. The homes that sold sold in much less time. I will include the chart below that shows this.

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If you are thinking about selling, please read my book. It has great information. And help you sell your home for more money.

Free copy of my Seller’s book

.

If you are considering buying a home or looking to buy a home. Please read my book to help save you money and second-guessing.

Free copy of my buyer’s book

.

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

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I want to put you in the best possible position to get a home at the best price. I have a method to bring 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 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.

- Rob

Search all homes on MLS at - www.allcahomes.com

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Rob Bittle
Realty One Group Complete 
(916) 580-8686
Rob@RobBittle.
AllCAHomes.com

Certified Real Estate Pricing Specialist 
CalBRE; #01410676

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Rocklin Housing Market Data for May 2023

Median Housing Market Data

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Rocklin housing prices are down 12% from this time last year.  We are currently in the peak of the housing market season.  Let’s look at the numbers to see what is happening in the housing market.

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The active listings (inventory) and DOM are the heartbeats of the housing market.  The inventory will increase during this time of the year in a regular housing market.  It has grown but not much.  This is highlighted in blue below.  The DOM usually decreases this time of year.  It has decreased some but not like it usually does.  The higher interest rates most likely cause this.  Homeowners are not selling unless they have to.  They don’t want higher house payments.  Homes stay on the market longer because of the higher house payments that most can’t afford.

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Multiple offers are hovering around 50% in Rocklin.  The multiple offers need to be 4 or higher to make the housing prices increase.  Of the 29 homes with multiple offers, 9 had 4 or more offers.

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Over the last 3 months, housing prices have dropped.  The list price is less than the selling price.  This means more homes are selling below the list price.  Looking at last year’s numbers, the list price is less than the selling price.  More homes sold for over list price.

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The total number of home sales has decreased from last year.  In the previous 6 months, 320 homes have been sold.  Last year during the same time, 454 homes sold.

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If you are thinking of selling your home, now is the time.  Around mid-July, homes start to decline some.  Once the children start school, the housing market will usually begin to drop.  Most homebuyers want to be in their new home before school starts.  The housing market usually drops more as we get closer to the holidays.

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

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Roseville’s Housing Market Numbers for May 2023

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Median Housing Market Data

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Housing prices are down 6% in Roseville from the same time last year.  We are at the peak of the housing market season now.  Let’s look at the housing numbers to see what it looks like.

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The heartbeat of the housing market is the active listing (inventory) and the DOM (days on market). Usually, this time of year, the active listings increase.  The active listings are up from last year but flat over the last serval months.  The DOM typically goes down this time of year.  It’s stayed pretty level over the last several months.

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Home prices in Roseville have increased over the last few months.  In April and May, the selling price is more than the list price.  This means more homes are selling at list or over list price.  Remember, though, not all homes are selling above the list price.  Look at the DOM on the homes that sold.  That number is lower than the active listings.  Pricing your home is very important.

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One factor that can drive up housing prices is the multiple offers.  In April and May, the homes that sold in Roseville had around 45% with more than one offer.  Of the homes currently pending, 34% have more than one offer.

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The total number of home sales over the last 6 months has dropped.  This year over the last 6 months, 781 homes have been sold.  Last year during the same time, 1070 homes sold.  I believe more homeowners are staying put because of the higher interest rates.

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If you are a homebuyer and understand these numbers, you may be able to save some money and not overbid.  If you are a home seller, NOW is the time to list your home.  The housing market typically slows down in Mid-July.  Home buyers want to be in their new homes before school starts.  The housing market slows even more towards the holidays.

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

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Roseville’s Housing Market Numbers for April 2023

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Median Housing Market Data

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Roseville home prices are down 8% from last year.  The Roseville housing market has been flat in 2024.  We are currently in the prime housing market season.  Let’s look at some numbers to see what the housing market is doing.

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The heartbeat of the housing market is the active listings (inventory) and the DOM.  In a normal housing market, the inventory should increase.  However, the inventory is currently decreasing.  This is highlighted in blue below.  The DOM typically will decrease this time of year.  It has decreased some but not as much in other areas of Sacramento.  We will keep an eye on these numbers next month.

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When inventory is low, multiple offers are likely to increase. Of the homes currently pending, 32% have more than one offer.  Of the homes that sold in April, 47% had more than one offer. This can drive up housing prices as well.

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Looking at the homes that sold in April below.  The list price and sale price are about equal.  That is a slight change as homes have been selling for below the list price.  In April, notice the difference between this year and last year in red.  Last year in April, homes sold for way above the list price.

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In the current housing market, one thing stands out.  The total number of home sales is way down from last year.  In the previous 6 months, 758 homes have sold in Roseville.  Last year during the same time, 1105 homes sold.  This is likely happening because of the higher interest rates.  Any homeowner that was thinking of selling may know what.  They don’t want a higher monthly payment because of the higher interest rates.

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The Roseville housing market may be starting to heat up again.  Meaning housing prices may begin to increase again.  If homebuyers stop looking because of higher monthly mortgage payments.  The housing market will shift into a decline.  If you are thinking of selling, now is the time.

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

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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 bring 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.

Rocklin Housing Market Data for April 2023

Median Housing Market Data

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Rocklin housing prices are down 6% from the same time last year.  We are in the prime housing market season right now.  How is the housing market currently looking?  Let’s look at the numbers and see what they say.

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The active listings (inventory) and DOM are the heartbeats of the housing market.  During this time of year, the inventory usually goes up.  It did increase, but not like it would in a normal housing market.  This is highlighted in green below.  The DOM decreases typically, and that has happened some.  Not like other areas of Sacramento.  The homes selling the quickest are in the range of 400k to 550k.  The more expensive homes are sitting on the market longer.

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With inventory being on the lower side this time of year, multiple offers should increase.  In Rocklin, 52% of the homes sold in April had more than one offer.  The homes currently pending in Rocklin have 48% with more than one offer.  However, home prices don’t seem to be increasing at this time.

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Looking at April home sales in Rocklin in red below.  Notice that the listing price is more than the sales price.  This indicates that most homes are selling below the list price.  Now look at home sales from last year.  Notice that the sales price is higher than the list price.  Indicating that homes sold above the list price.  This does not mean all homes sold above or below the list price.

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In the current housing market, one thing stands out.  The total number of home sales is way down from last year.  In the previous 6 months, 302 homes have sold in Rocklin.  Last year during the same time, 514 homes sold.  This is likely happening because of the higher interest rates.  Any homeowner that was thinking of selling may know what.  They don’t want a higher monthly payment because of the higher interest rates.

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The Rocklin housing market may be starting to heat up again.  Meaning housing prices may begin to increase again.  If homebuyers stop looking because of higher monthly mortgage payments.  The housing market will shift into a decline.  If you are thinking of selling, now is the time.

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

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I want to put you in the best possible position to get a home at the best price.  I have a system to bring you the best price possible on a home without over-biding.  Please feel free to 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 produce fruit in the future.  Planning is the best way to make this happen.

Citrus Heights Housing Market Data for April 2023

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Median Housing Market Data    🏡

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Citrus Heights housing prices are down 3% from this time last year.  Over the last 6 months, housing prices are down 5%.  We are in the peak housing market season. Let’s look at the housing market numbers to get a better idea.

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The active listings (inventory) and the DOM are the heartbeats of the housing market.  This time of year, the inventory usually goes up.  Over the last 3 months, the inventory has gone down.  This is highlighted in blue below.  The DOM usually goes down during this time.  This has happened.  This is highlighted in green below.

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Low inventory can mean higher multiple offers.  Which can drive the housing market prices up.  Of the homes currently pending in Citrus Heights, 79% have more than one offer.  Of the homes that sold in April, 70% had more than one offer.  Of the homes pending last month, 64% had more than one offer.  These numbers would indicate that the housing prices in Citrus Heights are rising.

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Looking at the homes that sold in April.  The selling price is higher than the list price.  This indicates that homes are selling above asking.  This does not mean all homes are selling for over list price.  Last year in April, homes sold for about 20k over the list price.  This year it’s about 5k.

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The one key number that worries me is the total number of home sales.  About half of the total number of home sales in April this year.  This is in bright pink below.  Over the last 6 months, 318 homes have sold in Citrus Heights.  Last year during the same time, 590 homes sold.  This is likely happening because of the higher interest rates.  Any homeowner that was thinking of selling may wait now.  They don’t want a higher monthly payment because of the higher interest rates.

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The Citrus Heights housing market may be starting to heat up again.  Meaning housing prices may begin to increase again.  However, if homebuyers stop looking because of higher monthly mortgage payments.  The housing market will shift into a decline.  If you are thinking of selling, now is the time.

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

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Your home is an investment in your quality of life.  My team takes that seriously.  That's why, when we first meet, we focus on your vision for your family.  I have a method to get you the best price possible on a home without over-biding.  I want to put you in the best possible position to get a home at the best price.  Please feel free to give me a call, text, or email to find out how my method works.

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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 produce fruit in the future.  Planning is the best way to make this happen.

Carmichael Housing Market Data for April 2023

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Median Housing Market Data

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Carmichael housing prices are down 5% from this same time last year.  We are currently in the prime housing market season right now.  Let’s look at the numbers and see what the market is doing.

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The active listings (inventory) and the DOM are like the heartbeat of the housing market.  The inventory normally increases this time of year.  It has increased slightly but not much.  This is highlighted in green below.  The DOM normally decreases this time of year.  It has decreased but not much.  The heartbeat is there, but it’s not a strong housing market.

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Multiple offers are another indicator of what the housing market is doing.  When inventory is low, there tend to be more multiple offers on homes.  This is what drives housing prices up so quickly.  Of the homes currently pending, 81% have more than one offer.  Last couple of months, this number was in the 50% range.  This indicates that housing prices could start moving upward again.

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Comparing the list price to the selling price in April in red below.  The list price is still higher than the selling price.  This indicates that many homes are selling below the list price.  We will have to look at these numbers next month.  With the multiple offers so high, it would be an indicator that home prices could start to increase again.  Last year in April, the list price was lower than the selling price.  Indicating the homes were selling above the list price.

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In the current housing market, one thing stands out.  The total number of home sales is way down from last year. In the previous 6 months, 201 homes have sold in Carmichael.  Last year during the same time, 367 homes sold.  This is likely happening because of the higher interest rates.  Any homeowner that was thinking of selling may know what.  They don’t want a higher monthly payment because of the higher interest rates.

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The Carmichael housing market may be starting to heat up again.  Meaning housing prices may begin to increase again. If homebuyers stop looking because of higher monthly mortgage payments.  The housing market will shift into a decline. If you are thinking of selling, now is the time.

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

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.

I want to put you in the best possible position to get a home at the best price.  I have a method to bring 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 produce fruit in the future.  Planning is the best way to make this happen.

Antelope Housing Market Data for April 2023

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Median Housing Market Data

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Antelope housing prices are down 9% from this time last year.  We are currently in the peak home selling and buying season.  Normally the active listings increase, and DOM decreases.  We are not seeing this in all areas around Sacramento.  Let’s look at Antelope and see what this area is doing.

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The Active listings (inventory) and DOM are important numbers.  This gives us a good temperature of what the housing market is doing.  The inventory did increase some but not much.  This is highlighted in blue below.  The DOM decreased, which is expected this time of year.  This is highlighted in green below.

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Multiple offers play a significant role in housing price increases.  The lower the inventory usually, will increase the multiple offers.  Of the homes that sold in April, 73% had more than one offer.  73% of the homes that sold in March also had more than one offer.  In February, 36% had more than one offer.  Again, this is why looking during the slower season is essential if you are buying a home—big difference.

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The multiple offers would indicate that housing prices are increasing again.  In red below, you can see that the list price is lower than the selling price.  This means more homes are selling over asking.  Notice in February, the list price is higher than the selling price.

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One area of the housing market that is concerning is the total number of home sales.  Over the last 6 months this year, 146 homes sold.  Last year during the same time, 287 homes sold.  In pink below, you can see how low the home sales were in April and March.

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Higher interest rates will keep some homeowners from selling this year.  They don’t want to buy a new home and have higher monthly payments. This could keep inventory at all-time lows. This is just my thought on the situation.

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This is the prime season for selling a home, and the housing market in Antelope is smoking 🔥 right now.  If you are thinking of selling, now is the time.  If home buyers go away because of higher interest rates, that can also affect the housing market.  

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

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I want to put you in the best possible position to get a home at the best price.  I have a method to bring 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 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.