Roseville Housing Market Data for December 2021
Median Housing Market Data
For the first time in a while the home selling price is below the list price (in red below). This doesn’t mean all homes are sold for less than the list price. Just that the selling price overall is less than the list price. In the previous months in green, the selling price is above the list price.
Looking at each home sale in December individually. Of the 186 homes that sold 42 sold for less than the list price. 37 sold exactly the list price. 107 sold for more than the list price.
Of the 42 homes that sold below the list price, 22 dropped their price. The 42 homes averaged about 36 days on the market or DOM.
Of the 107 homes that sold for over list price, they averaged about 9 days on the market or DOM. 12 of these homes had to drop their price.
Notice the difference. When you price your home too high it will cost you money. Less money in your pocket. You don’t ever want that to happen.
It’s important to know what these numbers are when you buy or sell a home. It’s also important to know how many homes are on the market that is comparable to yours.
Using the median housing market data home prices are up 17%. This is comparing this December’s home sales to last December’s home sales.
Of the homes currently pending 42% have more than one offer. 54% of the homes that sold in December had more than one offer. Of the homes that sold last year in December, 59% had multiple offers.
Looking at the active number of active listings. It trends downward over the last 4 months. This is normal during most housing market conditions.
|
September-21 |
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|
|
# Listings |
List Price |
Sale Price |
DOM |
|
Active |
174 |
$649,700 |
$0 |
15 |
|
Pending |
217 |
$600,000 |
$0 |
9 |
|
Sold |
212 |
$600,000 |
$615,000 |
6 |
|
Sold 2020 |
272 |
$502,091 |
$510,000 |
8 |
|
October-21 |
||||
|
|
# Listings |
List Price |
Sale Price |
DOM |
|
Active |
138 |
$657,540 |
$0 |
12 |
|
Pending |
228 |
$615,000 |
$0 |
11 |
|
Sold |
207 |
$589,000 |
$605,000 |
7 |
|
Sold 2020 |
250 |
$519,450 |
$525,400 |
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
When looking at the average housing market data. It’s good to look at the original price and the list price. The original price is the price of houses when they were first listed. The list price is the price when the house went pending.
In red below the gap is getting a little larger each month. Last year the gap was much smaller.
|
September-21 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
174 |
$666,036 |
$658,218 |
$0 |
23 |
|
Pending |
217 |
$629,800 |
$624,356 |
$0 |
16 |
|
Sold |
117 |
$641,023 |
$635,831 |
$648,474 |
14 |
|
Sold 2020 |
272 |
$544,729 |
$540,978 |
$546,157 |
20 |
|
October-21 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
138 |
$681,184 |
$674,546 |
$0 |
25 |
|
Pending |
228 |
$645,186 |
$637,732 |
$0 |
20 |
|
Sold |
207 |
$624,782 |
$618,411 |
$630,206 |
14 |
|
Sold 2020 |
250 |
$550,796 |
$548,116 |
$555,147 |
17 |
|
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 |
When comparing the last 6 months of home sales this year to the same time last year. In red below, for the first time in a while, the sales price is less than the list price. The last time this happened was in September of 2020 in blue.
Remember when looking at housing market data over a long period of time. Changes are much more Suttle.
Housing prices are up 18%. This is again comparing the last 6 months sales of this year to the same time last year.
|
Roseville |
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|
Home Sales last 6 months |
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|
|
# of Sales |
Median List Price |
Median Sales Price |
DOM |
|
Sep 20 |
1373 |
$498,900 |
$497,000 |
10 |
|
Sep 21 |
1439 |
$584,990 |
$610,000 |
6 |
|
Oct 20 |
1490 |
$499,694 |
$503,500 |
9 |
|
Oct 21 |
1402 |
$595,000 |
$615,000 |
6 |
|
Nov 20 |
1537 |
$500,000 |
$509,000 |
8 |
|
Nov 21 |
1366 |
$595,000 |
$610,000 |
6 |
|
Dec 20 |
1505 |
$509,999 |
$515,000 |
8 |
|
Dec 21 |
1314 |
$598,500 |
$610,000 |
7 |
Rocklin Housing Market Data for December 2021
Median Housing Market Data
In red below are the active listings. Each month these drop some. This is normal for this time of year. And in most housing market conditions.
In Rocklin of the 79 homes that sold in December. 16 sold for less than the list price. 15 sold for exactly the list price. 48 sold for over list price.
Of the 16 homes that sold for below list price, 5 dropped the price. 2 of the 16 increased their price. This raises questions. These 16 homes averaged 35 days on the market or DOM.
Of the homes that sold for over list price. 4 dropped their price. These homes averaged 9 days on the market or DOM.
|
September-21 |
||||
|
|
# Listings |
List Price |
Sale Price |
DOM |
|
Active |
61 |
$699,500 |
$0 |
14 |
|
Pending |
114 |
$650,000 |
$0 |
8 |
|
Sold |
96 |
$629,500 |
$640,000 |
8 |
|
Sold 2020 |
115 |
$535,000 |
$550,000 |
6 |
|
October-21 |
||||
|
|
# Listings |
List Price |
Sale Price |
DOM |
|
Active |
63 |
$660,000 |
$0 |
12 |
|
Pending |
123 |
$659,000 |
$0 |
7 |
|
Sold |
94 |
$650,000 |
$650,000 |
7 |
|
Sold 2020 |
141 |
$539,000 |
$540,000 |
8 |
|
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
Important to notice how different the prices are between the median and the average.
It's always good to compare the original price and the list price when looking at these numbers. Like Roseville, the gap is getting wider each month. This means that homeowners are having to drop their prices more to get the home sold (in red).
In blue below the gap between the original price and list price are closer.
Days on market or DOM go up each month. This is normal for this time of year. We hopefully will start to see these numbers come down as we move toward March and April.
|
September-21 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
61 |
$770,867 |
$758,779 |
$0 |
22 |
|
Pending |
114 |
$707,462 |
$702,531 |
$0 |
17 |
|
Sold |
96 |
$669,791 |
$665,744 |
$679,490 |
15 |
|
Sold 2020 |
115 |
$551,008 |
$550,744 |
$559,298 |
19 |
|
October-21 |
|||||
|
|
# Listings |
Orig Price |
List Price |
Sale Price |
DOM |
|
Active |
63 |
$722,353 |
$717,848 |
$0 |
24 |
|
Pending |
123 |
$741,286 |
$732,566 |
$0 |
15 |
|
Sold |
94 |
$705,595 |
$700,030 |
$712,961 |
14 |
|
Sold 2020 |
141 |
$561,492 |
$557,988 |
$561,636 |
20 |
|
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 |
$571,159 |
$568,912 |
$575,949 |
15 |
In blue below the sales price seems to have stabilized. This is comparing the last 6 months of home sales this year to the same time last year. However, it is normal this time of year for home prices to stay flat. There are fewer homes on the market but also fewer buyers shopping this time of year.
Be careful this time of year when lowering your home price if you are selling. It may just be on the market longer because of the time of year. If you priced your home high from the start, then it may be time to drop the price some.
|
Home Sales last 6 months |
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|
|
# of Sales |
Median List Price |
Median Sale Price |
DOM |
|
Sep 20 |
606 |
$539,000 |
$540,000 |
11 |
|
Sep 21 |
685 |
$630,000 |
$652,000 |
6 |
|
Oct 20 |
695 |
$539,900 |
$545,000 |
11 |
|
Oct 21 |
682 |
$639,000 |
$655,000 |
6 |
|
Nov 20 |
774 |
$542,000 |
$550,000 |
10 |
|
Nov 21 |
661 |
$639,000 |
$650,888 |
6 |
|
Dec 20 |
888 |
$544,500 |
$550,000 |
9 |
|
Dec 21 |
742 |
$639,450 |
$655,000 |
7 |