Rocklin Housing Market Data for January 2022

 

Median Housing Market Data

 

Rocklin housing prices are up 25%.  That’s comparing January home sales this year to January Last year. 

 

From July to November Rocklin home prices flattened out.  However, in December and January, there seems to be an uptick in the housing prices again. 

 

Inventory in Rocklin is low.  In blue below Rocklin only has 33 active listings.  This time of year, it’s normal for inventory to be lower.  More inventory should be coming on the market soon.

 

This also could be what is keeping the multiple offers higher in Rocklin.  Of the homes that are currently pending 55% have more than one offer.  Of the homes that sold in January, 60% had more than one offer. 

 

Last year 54% of the homes that sold in January of 2021 had more than one offer.

 

In red below the home selling price is still higher than the list price.  This is great if you’re the seller.  Not so much if you are a home buyer.

 

Looking ahead in the housing market. Feds have talked about raising interest rates. This will defiantly affect the housing market.

 

Also, at some point, the foreclosures will be starting to increase. Remember they have been on hold because of Covid 19. Not sure how the different lenders will be handling this wave that will be coming.

 

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

 

 

January-22

 

# Listings

List Price

Sale Price

DOM

Active

33

$683,000

$0

6

Pending

83

$658,000

$0

6

Sold

68

$681,098

$702,500

7

Sold 2021

59

$568,880

$559,990

11

 

November-21

 

# Listings

List Price

Sale Price

DOM

Active

43

$675,000

$0

22

Pending

108

$677,743

$0

8

Sold

106

$637,500

$650,000

6

Sold 2020

140

$565,000

$567,500

8

 December-21

 

# Listings

List Price

Sale Price

DOM

Active

30

$721,450

$0

25

Pending

81

$690,990

$0

7

Sold

79

$669,900

$680,000

7

Sold 2020

114

$549,950

$559,500

7

 

 

Average Housing Market Data

 

One statistic that is good to look at is the original price compared to the list price. The original price is the price of the home when it first came on the market. The list price is the current price or the price when it went pending.

December is a month that many sellers will cancel their listing if it's still on the market. This does affect the statics when that happens. But with so few this may not have happened.

In red below notice the difference in home prices. The original price is much higher than the list price. Meaning many sellers dropped their price to sell their home.

Using the average housing market data Rocklin home prices are up 25%. This is comparing January home sales this year to January home sales last year.

 

November-21

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

43

$741,689

$738,165

$0

32

Pending

108

$737,152

$725,924

$0

18

Sold

106

$714,286

$710,447

$732,180

13

Sold 2020

140

$575,682

$573,474

$581,197

17

December-21

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

30

$726,901

$721,083

$0

38

Pending

81

$742,875

$739,981

$0

16

Sold

79

$720,093

$706,978

$715,503

17

Sold 2020

114

$610,633

$568,912

$575,949

15

 

 

 

January-22

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

33

$724,542

$723,132

$0

34

Pending

83

$726,930

$725,253

$0

18

Sold

68

$707,737

$703,885

$717,643

16

Sold 2021

59

$581,237

$574,965

$575,035

26

 

Home prices are up 18% in Rocklin.  This is comparing the last 6 months of home sales this year to the same time last year. 

 

Remember these numbers move much slower.  Looking at 6 months compared to last month’s numbers can vary a great deal.

 

 

 

Rocklin

Home Sales last 6 months

 

# of Sales

Median List Price

Median Sale Price

DOM

 Jan 21

700

$549,000

$555,600

8

 Jan 22

572

$649,900

$654,500

7