Roseville’s Housing Market Numbers for November 2022

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Median Housing Market Data

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Roseville home prices are down 4%.  This is comparing November home sales this year to November last year.  From September 2022 to November, home prices are down 5%.

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In a declining housing market, it's very important to price your home at or below your competition.  Remember, the price drops monthly if your home is listed and on the market.  If the house has been on the market for more than 30 days, the price has now dropped another $10,000 roughly.  You will want to get ahead of this declining housing market to put more money in your pocket.

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In red below shows home sales continuing to decline.  In most housing market conditions, it's normal for the market to be flat.

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The active listings are also dropping.  This is normal this time of year.  As well as the DOM continuing to increase.  Many home sellers will take their homes off the market during the holiday season.  Fewer homebuyers are looking to purchase a home during the holiday season.  December is a great time to buy a house and extend the escrow period to mid-January.  This way, the seller and buyer can get through the holidays.

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There have been fewer home sales this year compared to last year.  In November this year, 129 homes were sold.  Last year in November, 193 homes sold.  This is highlighted in blue below.

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With a declining housing market, it's essential to do the little things to help sell your home.  Price your house at or below your competition.  And do the little things on the list below.

 

See the Do's and Don't here!

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

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September-22

 

# Listings

List Price

Sale Price

DOM

Active

383

$669,900

$0

37

Pending

213

$639,900

$0

24

Sold

164

$649,250

$635,000

22

Sold 2021

207

$619,900

$625,000

7

October-22

 

# Listings

List Price

Sale Price

DOM

Active

331

$674,900

$0

40

Pending

175

$628,670

$0

25

Sold

160

$625,000

$622,500

24

Sold 2021

198

$595,000

$610,000

8

November-22

 

# Listings

List Price

Sale Price

DOM

Active

289

$659,990

$0

54

Pending

139

$617,312

$0

31

Sold

129

$600,000

$604,000

25

Sold 2021

193

$625,000

$629,000

8