Rocklin home prices are up 👆 4%. This is comparing October home sales this year to October last year. However, Home prices are down 👇 this year (highlighted in blue below).
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The housing market has been trending downward for the last several months. Looking at the DOM below (highlighted in green and pink), both the active and sold homes are trending up. A sign of a slowing housing market.
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The number of homes sold has declined drastically from last year (red numbers). Homes are still selling for list price, as the numbers show. Remember, some sold for above, and some sold for below.
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In the hot housing market, you could list your home, and it would sell. You just needed the MLS, which is where everyone searches for homes. Now, you will need a strong 💪 marketing plan to sell your home for the most money. No extra marketing is required.
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The one driving force that drove home prices up was the multiple offers. Those are down considerably. Last year about 65% of the homes that sold had more than one offer. Today that number is about 40%.
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It would also be best to do all the little things to help sell your home. The do's and don’ts are more important today, especially if you want it sold quickly and for the most money.
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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.
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For more housing information, visit my blog at https://www.allcahomes.com/blog/
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July-22 |
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# 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 |
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August-22 |
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|
# 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 |
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September-22 |
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# Listings |
List Price |
Sale Price |
DOM |
|
Active |
139 |
$749,900 |
$0 |
37 |
|
Pending |
57 |
$674,900 |
$0 |
19 |
|
Sold |
45 |
$659,900 |
$675,000 |
24 |
|
Sold 2021 |
92 |
$635,000 |
$650,000 |
8 |
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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 get 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.
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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 yield fruit in the future. Planning is the best way to make this happen.