Roseville Housing Market Data for November 2021

 

Median Housing Market Data

 

Looking at the median housing market data. And comparing the month over month data. The chart below shows the last 5 months. It is normal this time of year for the number of home sales and prices to drop some. Active listings will drop as well. This is all normal. In red, you can see that the housing prices are rising but much slower over the last few months. Looking at the list price compared to the sale price, you can see that in November the numbers are much closer. This means that there are not as many homes selling over the listed price. These numbers are normal this time of year.

Looking back at last year's numbers (yellow line) you can see how the DOM (Days on Market) are going down. This indicates that the housing market may be picking up. Especially during this time of year. August was about the time last year when the housing market really started to take off.

Looking back at multiple offers over the last few months. Of the homes that were pending they have dropped some. Those numbers are 58%, 51%, 52%, 46% and 50%. Those numbers go from July to November.

Now looking at the multiple offers of the homes that have sold. These numbers are 73%,62%, 55%, 57% and 52%. Again, going from August to November. Also trending down. These numbers are normal this time of year.

 

Now let’s look at last year’s multiple offers. They are 47%, 51%, 57%, 64% and 60%. They trended up which indicates the housing market is picking up. For this time of year, it normally trends down.

Home prices in Roseville, California are up 23%. This is comparing last November to this November. Month over month they have been flat with a small spike in November.

 

 

August-21

 

# Listings

List Price

Sale Price

DOM

Active

134

$654,398

$0

14

Pending

225

$600,000

$0

7

Sold

241

$599,000

$618,000

6

Sold 2020

277

$499,500

$510,000

10

September-21

 

# 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

 

Average housing Market Data

 

The average market data is not the best to use for a few reasons. If several high- or low-priced homes sell it will alter the housing data. But looking back at the last for 4 months of housing data. In red in the sale price, you can see how the prices are jumping around. In green, you can see how DOM is going up. Going from 22 in august to 23, 25, and now 32 in November. These are all normal numbers for this time of year.

 

August-21

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

134

$680,866

$668,365

$0

22

Pending

225

$638,181

$634,136

$0

16

Sold

241

$613,071

$612,604

$631,558

11

Sold 2020

277

$534,342

$531,921

$535,693

24

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

 

 

Looking back at the last 6 months of housing market data. Looking back this far the housing market changes are much slower or different. That means if the market is changing in October for example there are a couple of months of data not showing that. Looking at the month over month above. Last year it showed that the housing market is starting to take off. Looking at the data blow it shows the same. Just not as drastic. In green below, looking at the sales price you can see that it is slowly rising. Also looking at the list price compared to the sales price. You can also see that it is starting to rise in October and November.

 

Now looking at the numbers in red (this year's data). The sales price is rising about $5,000 each month until November where it goes down for the first time. Now, look at the list price in red compared to the sales price in red. Many homes are selling for the above-asking price.

 

Housing prices are up 20% when comparing the last 6 months of home sales this year to the same time last year. 

 

**  In most housing markets situations your home will be on the market longer and sell for less this time of year.  Putting a plan together with a good Realtor can put money in your pocket. 

 

 

Roseville

Home Sales last 6 months

 

# of Sales

Median List Price

Median Sales Price

DOM

 June 20

1034

$485,000

$485,000

10

 June 21

1180

$569,000

$595,000

5

 July 20

1178

$489,000

$486,000

9

 July 21

1296

$574,450

$600,000

5

 Aug 20

1315

$489,990

$489,990

9

 Aug 21

1428

$575,000

$605,000

6

 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

 

 

Rocklin Housing Market Data for October 2021

 

Median Housing Market Data

 

The last 4 months of housing data below. The sales price of homes in Rocklin has been flat the last few months (in red).

 

Like Roseville last year DOM trends downward. This indicates the housing market is picking up. This time of year, it’s normal for this number to tend upward.

 

When comparing the list price to the sales price. The orange number is the list price (price when the house went pending). The red number is the house selling price. The interesting thing with these numbers. The multiple offers are 66%, 58%, 62%, and 69%. That is August to November. These numbers would indicate that home prices would be selling for much more than the list price. However, looking at these numbers they don’t indicate more than one offer scenario. That could mean one of two things. Either homes are priced higher than they should be, or many homes are selling for much less than the list price. Hard to know without looking at the data of each home.

 

Looking at the numbers for multiple offers. Of the homes pending each month. They are 49%, 53%, 49% and 53%. These numbers are from August to November. Now looking at the home sales number for each month. They are 66%, 58%, 62% and 69%. These numbers are high for this time of year. Now looking at multiple offers last year during the same time. They are 54%, 54%, 51% and 61%. This year’s more than one offer is higher than last year.

Rocklin, California housing prices are up 15%. This is comparing the November home sales last year to November home sales this year.

 

 

August-21

 

# Listings

List Price

Sale Price

DOM

Active

61

$650,000

$0

14

Pending

117

$639,000

$0

9

Sold

108

$642,000

$650,000

6

Sold 2020

131

$539,900

$541,000

11

 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

 

 

Average Housing Market Data

 

Looking at the original price compared to the list price for each month.  In red below look at the original price compared to the list price.  It shows the list price is dropping more.  This indicates that more home sellers are having to drop their price to get their home sold.  This is a normal for this time of year. 

 

Now look at last year’s numbers in blue. 

 

Now look at the sales price using the average housing market data compared to the media housing market data above.  Using the average raises the home price by quite a bit.  This would indicate that many high-priced homes sold each month. 

 

 

August-21

 

# Listings

Orig Price

List Price

Sale Price

DOM

Active

61

$720,412

$710,273

$0

19

Pending

117

$676,906

$672,089

$0

18

Sold

108

$688,739

$686,330

$710,024

11

Sold 2020

131

$592,068

$588,200

$591,022

26

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

 

In green below shows a slow progression upward.  Indicating the housing market is starting to take off.  Also, when comparing the list price to the sales price.  The chart below shows a slow progression of homes selling for more than the list price.

 

In red below shows the housing market is still trending upward.   Homes are selling for much more than the list price.  When looking at the list price it also trends upward.  Sales price also trends upward.  As stated above these numbers will move much slower than the month-to-month data. 

 

Looking at the DOM.  Last year it trended downward.  This year it is flat or staying the same until November. 

 

Home prices are up 18% when comparing the last 6 months this year to the same time last year.

 

 **  In most housing markets situations your home will be on the market longer and sell for less this time of year.  Putting a plan together with a good Realtor can put money in your pocket. 

 

 

Rocklin

Home Sales last 6 months

 

# of Sales

Median List Price

Median Sale Price

DOM

 June 20

403

$525,000

$525,000

13

 June 21

603

$599,000

$620,000

6

 July 20

484

$526,346

$527,750

13

 July 21

655

$609,995

$635,000

6

 Aug 20

564

$534,950

$535,000

12

 Aug 21

698

$622,500

$645,000

6

 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