Placer County Homes for Sale and July 2007 Statistics

Placer County Homes for Sale

The least expensive home for sale in Placer County is a 600 square-foot home in Blue Canyon, which is listed for $129,000. The most expensive home for sale in Placer County is a 3,233 square-foot home on 386 acres in Lincoln, which is listed for $8,000,000. To view the details on these homes, along with all other homes for sale in Placer County, click Placer County homes for sale.

Placer County Homes Pending Sale

The least expensive home pending sale in Placer County is a 400 square-foot home on Electric Street in Auburn, which was listed for $142,950 when an offer was accepted. The most expensive home pending sale in Placer County is a 7,500 square-foot home in Sheba Lakes in Granite Bay, which was listed for $3,590,000 when an offer was accepted.

Placer County Homes Sold During July 2007 vs. June 2007

The least expensive home that was sold in Placer County during July 2007 was an 886 square-foot home in Lincoln, which sold for $247,000 after being listed for $250,000. The most expensive home that was sold in Placer County during July 2007 was a 5,450 square-foot home in Whitney Oaks in Rocklin, which sold for $1,940,000 after being listed for $1,995,000.

Placer County Homes Sold During July 2007 vs. July 2006

Summary

The number of homes for sale and the number of homes pending sale in Placer County increased slightly during July 2007. The number of homes sold fell by 8.48% compared to June 2007 and fell by 9.28% compared to July 2006.

The average and median asking price fell during the past month in Placer County, but the average asking price per square-foot remained steady at $260 per square-foot.

The average sales price increased compared to June 2007, but decreased compared to July 2006. The median sales price decreased compared to June 2007 and compared to July 2006. The average sales price per square foot decreased compared to June 2007 and compared to July 2006.

The average number of days on market increased slightly compared to June 2007 and increased by 8 days compared to July 2006.

When compared to June 2007, home sellers in Placer County during July 2007 accepted offers that were a lower percentage of their asking price, but reduced their asking prices less before they received a workable offer.

When compared to July 2006, home sellers in Placer County during July 2007 accepted offers that were a lower percentage of their asking price and had to reduce their asking prices more before they received a workable offer.

Due to a decrease in the number of home sales in Placer County during July 2007 when compared to June 2007 and an increase in the number of homes for sale, the projected number of months inventory increased by almost 1 month to 9.58 months inventory.

If you have any questions regarding these statistics or if you are interested in buying or selling a home in Placer County, please feel free to call us at 916-728-1981, e-mail us at pat@patandalison.com or leave a comment below.