Citrus Heights Housing Market Data
Average Housing Market Data
In looking at the chart and data from July we are noticing changes in the housing market. The first change does not show in the chart is increase in inventory or homes for sale. Citrus Heights in May had 50 active listings, June had 48 and July had 80. So, inventory or active listings is going up. This in turn means there is more for the home buyers to choose from, therefore fewer multiple offers, homes staying on the market longer and paying less for homes. We are already seeing all of this in other cities in the area. Homes that sold in July in Citrus Heights had 77% receive multiple offers. These homes went pending in June or May. The homes that are currently pending only 59% received multiple offers. Home prices will start or have already started to drop some. Also, this time of year it is normal for home prices to drop some. Once children start going back to school some home buyers put it on hold. Citrus Heights home prices are up 15% comparing July of last year to July of this year. Trends however a currently showing that home price will start to drop some.
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July-21 |
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Active Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Sold 2020 |
117 |
$376,229 |
$372,131 |
$373,046 |
24 |
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Sold 2021 |
101 |
$431,224 |
$428,382 |
$445,276 |
13 |
Median Housing Market Data
I personally believe that the median housing market data is the most accurate currently depending on the area. Citrus Heights housing prices are up 20% using the median data. I included Roseville housing market data below. Roseville home prices a little higher and feel these homes are being affected first but will start to trickle down to the lower priced homes. Roseville you can clearly see that inventory increasing month by month in red. You can also see how the DOM in orange increasing while the home sales prices in pink are dropping.
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July-21 |
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Active Listings |
List Price |
Sale Price |
DOM |
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Sold 2020 |
117 |
$368,000 |
$375,000 |
9 |
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Sold 2021 |
101 |
$429,950 |
$450,000 |
7 |
Roseville Housing Market Data
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May 21 |
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# Listings |
List Price |
Sale Price |
DOM |
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Active |
76 |
$644,450 |
0 |
6 |
|
Pending |
242 |
$575,000 |
0 |
6 |
|
Sold |
228 |
$599,900 |
$646,000 |
5 |
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Sold 2020 |
169 |
$469,000 |
$468,000 |
13 |
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June-21 |
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# Listings |
List Price |
Sale Price |
DOM |
|
Active |
116 |
$624,925 |
0 |
8 |
|
Pending |
242 |
$577,500 |
0 |
6 |
|
Sold |
230 |
$595,000 |
$623,500 |
5 |
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Sold 2020 |
249 |
$499,000 |
$499,000 |
11 |
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July-21 |
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# Listings |
List Price |
Sale Price |
DOM |
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Active |
141 |
$635,000 |
$0 |
11 |
|
Pending |
242 |
$604,000 |
$0 |
7 |
|
Sold |
235 |
$565,000 |
$590,000 |
6 |
|
Sold 2020 |
273 |
$495,000 |
$492,000 |
11 |
Comparing the last 6 months of home sales this year to the same time last year Citrus Heights home prices are up 21%.
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Citrus Heights |
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Home Sales last 6 months |
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# of Sales |
Median List Price |
Median Sale Price |
DOM |
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May 20 |
462 |
$349,900 |
$350,000 |
9 |
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May 21 |
562 |
$408,750 |
$425,000 |
6 |
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June 20 |
477 |
$349,950 |
$355,000 |
8 |
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June 21 |
574 |
$414,948 |
$430,000 |
6 |
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July 20 |
526 |
$355,000 |
$360,000 |
8 |
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July 21 |
612 |
$419,000 |
$435,000 |
6 |
Antelope Housing Market Data
Average Housing Market Data
The current trend in other areas is still not showing in Antelope. In May active listing were 17, June 25 and July 20. Home prices are currently still climbing and up 21% when comparing July of this year to July of last year. Home prices are up 4% from June. Multiple offers are what has been driving up housing prices. 78% of the homes sold in July had multiple offers. The homes that are currently pending that number drops to 66%. Of the homes that sold in July of last year in Antelope 63% had multiple offers.
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July-21 |
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# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
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Sold |
64 |
450824 |
452294 |
475729 |
10 |
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Sold 2020 |
67 |
390925 |
389259 |
393572 |
18 |
Median Housing Market Data
Using the Median housing market data home prices are up 22%.
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July-21 |
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# Listings |
List Price |
Sale Price |
DOM |
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Sold |
64 |
$459,919 |
$485,000 |
7 |
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Sold 2020 |
67 |
$389,900 |
$398,000 |
8 |
The housing market data below looks at the last 6 months of homes sale and compares it to the same time last year. Home prices in Antelope are up 21% using this data.
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Home Sales last 6 months |
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# of Sales |
Median Price |
DOM |
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July 20 |
287 |
$375,000 |
$380,000 |
8 |
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July 21 |
352 |
$441,950 |
$460,000 |
6 |
I have a system put on place 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 me to find out how my system works.
Please feel free to give me a call, text, or email so we can put a plan together to save you as much money as possible in these circumstances. It is possible that waiting may make for sense for you then purchasing now. Planning is the best way to save some money.