Elk Grove’s Laguna West Lakeside Neighborhood

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Median Housing Market Data

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This neighborhood is still on fire 🔥.  Housing prices over the last 6 months have risen 22%.  This is comparing the last 6 months this year to the same time last year.

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With rising interest rates, the housing market does seem to be slowing down some.  Last year 85% of the homes sold had more than one offer in the neighborhood.  This year it dropped to 👇 58%.

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Last year homes averaged about $28k above list price.  This year it dropped to about $15k.

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If you are thinking about selling 🏡, right now is the time.  If you want top dollar!  Yes, listing your home SUCKS!  Here is a helpful list of do’s and don’t when selling a home.

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If you are thinking about moving to a bigger or smaller home but you are worried about having to move twice.  I have a system put in place, so you only have to move once.

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

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Laguna West Lakeside Neighborhood

January Back 6 Months

 

Active Listings

List Price

Sale Price

DOM

Sold 2020

87

$499,000

$500,000

6

Sold 2021

75

$599,900

$630,000

9

February Back 6 Months

 

Active Listings

List Price

Sale Price

DOM

Sold 2020

87

$489,900

$510,888

6

Sold 2021

74

$607,500

$630,625

9

March Back 6 Months

 

Active Listings

List Price

Sale Price

DOM

Sold 2020

74

$494,450

$522,500

6

Sold 2021

67

$619,900

$635,000

7

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Average Housing Market Data

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Highlighted in yellow below.  The list price is higher than the original price.  Sometimes depending on the circumstances if you receive some good offers.  It can help to increase the price in the MLS.  That’s most likely what happened here.

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In blue below are this year's numbers.  Here the list price is less than the original price.  This indicates that some home sellers had to drop their prices to get the home sold.

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Laguna West Lakeside Neighborhood

January Back 6 Months

 

Active Listings

Orig Price

List Price

Sale Price

DOM

Sold 2020

87

$511,527

$511,803

$522,191

13

Sold 2021

75

$669,711

$665,764

$675,733

15

Febuary Back 6 Months

 

Active Listings

Orig Price

List Price

Sale Price

DOM

Sold 2020

87

$510,575

$511,197

$525,779

9

Sold 2021

74

$677,686

$673,594

$682,825

16

March Back 6 Months

 

Active Listings

Orig Price

List Price

Sale Price

DOM

Sold 2020

74

$521,737

$522,358

$542,364

10

Sold 2021

67

$670,546

$666,445

$677,061

15

 

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