Roseville Housing Market Data for January 2022
Median Housing Market Data
The housing market is normally like December in January. It’s a slower month.
Looking at the numbers it would signal, a slower month. In red below the active listing, activity is still very slow.
When looking at the sales in blue below. Many homes are still selling for over the list price. This usually means multiple offers are higher. Looking back at December notice that home sales were below the list price.
Of the homes pending in January, 51% had more than one offer. Of the homes that sold in January, 56% had more than one offer. Compare that to the homes that sold last year in January. 60% had more than one offer.
Home prices in Roseville are up 14%. This is comparing January homes sales this year to January last year.
Looking at the last 5 months of home sales. Home prices are down some. The housing market has seemed to have leveled off.
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 |
74 |
$670,000 |
$0 |
11 |
|
Pending |
171 |
$650,000 |
$0 |
9 |
|
Sold |
133 |
$601,000 |
$610,000 |
8 |
|
Sold 2021 |
129 |
$525,000 |
$535,000 |
7 |
|
November-21 |
||||
|
|
# Listings |
List Price |
Sale Price |
DOM |
|
Active |
96 |
$666,658 |
$0 |
23 |
|
Pending |
222 |
$630,720 |
$0 |
10 |
|
Sold |
189 |
$620,000 |
$625,000 |
8 |
|
Sold 2020 |
216 |
$507,950 |
$509,450 |
6 |
|
December-21 |
||||
|
|
# Listings |
List Price |
Sale Price |
DOM |
|
Active |
79 |
$657,200 |
$0 |
25 |
|
Pending |
163 |
$631,490 |
$0 |
9 |
|
Sold |
186 |
$623,450 |
$617,500 |
8 |
|
Sold 2020 |
217 |
$525,000 |
$530,000 |
7 |
Average housing Market Data
Again, this time of year is almost always slower. With the active listings down and fewer home buyers looking this time of year.
In red the original price and the list price show how much home sellers have had to drop their prices. This is because the home is sitting on the market, or they priced it higher at the beginning.
In January the gap is not as large. This can be caused by homes going off the market because of the holidays. This will also affect the DOM (days on market). Which dropped as well.
|
November-21 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
96 |
$677,625 |
$672,185 |
$0 |
32 |
|
Pending |
222 |
$636,797 |
$630,508 |
$0 |
20 |
|
Sold |
189 |
$650,616 |
$643,615 |
$652,241 |
17 |
|
Sold 2020 |
216 |
$538,130 |
$535,825 |
$539,611 |
16 |
|
December-21 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
79 |
$674,180 |
$670,805 |
$0 |
36 |
|
Pending |
163 |
$637,423 |
$632,468 |
$0 |
24 |
|
Sold |
186 |
$646,348 |
$639,255 |
$648,558 |
18 |
|
Sold 2020 |
217 |
$554,892 |
$552,983 |
$558,603 |
15 |
|
January-22 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
74 |
$713,160 |
$711,419 |
$0 |
22 |
|
Pending |
171 |
$657,497 |
$655,771 |
$0 |
23 |
|
Sold |
133 |
$629,448 |
$625,245 |
$635,388 |
21 |
|
Sold 2021 |
129 |
$552,430 |
$548,737 |
$551,185 |
17 |
Looking at the housing market over the last 6 months. Comparing the last 6 months this year to the same time last year. Roseville home prices are up 18%.
Remember these numbers move much slower. Looking at 6 months compared to last month’s numbers can vary a great deal.
|
Roseville |
||||
|
Home Sales last 6 months |
||||
|
|
# of Sales |
Median List Price |
Median Sales Price |
DOM |
|
Jan 21 |
1361 |
$514,900 |
$520,000 |
7 |
|
Jan 22 |
1208 |
$599,990 |
$615,000 |
7 |