Roseville’s Housing Market Conditions for September 2022
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Roseville home prices are up 1% comparing August home sales this year to August last year. But, home prices are down 7% comparing home sales in June to August.
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Let’s look at the DOM and compare other home sales data below. Highlighted in green are the active listings. Notice that they are increasing each month. Also, look at the difference between active and sold listings. The sold listing is much lower. Home sellers are pricing their homes correctly, and it’s selling much faster.
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Comparing the list price to the sold price below. Highlighted in red below in August, the listing price is higher than the sold price. This indicates that more homes are starting to sell below the list price. June also was below.
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Home sales have slowed down. There have been far fewer home sales with more inventory (active listings). In August this year, there were 158 homes that closed or sold. Last year in August, there were 237 that sold.
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When looking at the multiple offers of the homes that are pending, June 37%, July 25%, and August 30%. Dropping overall but a little up and down currently.
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Of the homes sold, June had 50% with more than one offer. July had 38% and August 34%.
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What do you get out of all these numbers? The housing market has changed and is slowing down. But, if you price your home correctly and market it to the best home buyers, homes are still selling quickly.
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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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June-22 |
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# Listings |
List Price |
Sale Price |
DOM |
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Active |
341 |
$689,000 |
$0 |
22 |
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Pending |
192 |
$694,628 |
$0 |
13 |
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Sold |
191 |
$685,000 |
$680,000 |
10 |
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Sold 2021 |
232 |
$599,900 |
$639,000 |
5 |
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July-22 |
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# Listings |
List Price |
Sale Price |
DOM |
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Active |
390 |
$672,450 |
$0 |
29 |
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Pending |
185 |
$659,990 |
$0 |
18 |
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Sold |
157 |
$675,000 |
$687,034 |
14 |
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Sold 2021 |
234 |
$595,000 |
$609,000 |
6 |
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August-22 |
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# Listings |
List Price |
Sale Price |
DOM |
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Active |
378 |
$670,000 |
$0 |
32 |
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Pending |
217 |
$646,900 |
$0 |
18 |
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Sold |
158 |
$639,450 |
$630,000 |
20 |
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Sold 2021 |
237 |
$600,000 |
$625,000 |
6 |
I want to put you in the best possible position to get home at the best price. I have a method to get you the best price possible on a home without over-biding. Please feel free to give me a call, text, or email to find out how my method 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 most significant investments. It's my job to ensure that it yields the highest ROI. That means making smart decisions that will produce fruit in the future. Planning is the best way to make this happen.