Granite Bay Homes for Sale and July - September 2008 Statistics
Granite Bay Homes for Sale
Of the 212 homes for sale in Granite Bay, 16 are bank owned homes and 34 are short sales. That means 8% of the homes for sale are bank repos and 16% are short sales.
The least expensive home for sale in Granite Bay is a 1,142 square-foot home on Northglen Street, which is listed for $227,905. The most expensive home for sale in Granite Bay is a 15,800 square-foot home in Bella Terra on Collina Court, which is listed for $6,999,900.
To view the photos and details available for these homes, along with all other homes for sale in Granite Bay, click Granite Bay homes for sale.
Granite Bay Homes Pending Sale
8 of the 15 homes pending sales in Granite Bay are bank owned and 1 is a short sale. That means 53% of the pending sales are bank repos and 7% are short sales.
Of the 69 homes that sold in Granite Bay between July and September 2008, 15 were bank owned homes and 8 were short sales. That means 22% of the sales in Granite Bay were bank repos and 12% were short sales.
The least expensive home that sold in Granite Bay between July and September 2008 was a 1,621 square-foot bank owned home on Harbor Way, which sold for $263,000 after being listed for $262,900. The most expensive home that sold in Granite Bay between July and September 2008 was a 5,139 square-foot home on Redstone Court in Silverwood, which sold for $1,766,125 after being listed for $1,849,000.
Sales shifted dramatically during the quarter to homes in the lower end of the Granite Bay market. Only 20 of the 69 homes sold during the quarter were above the previous quarters median price.
Home sales above $1,000,000 slowed dramatically. 19 of the 54 homes sold in Granite Bay between April and June were above $1,000,000, but only 7 of the 69 homes sold between July and September were above $1,000,000. Between July and September 2007 30 of the 86 homes sold in Granite Bay were above $1,000,000.
Granite Bay Homes Sold Between July and September 2008 vs. July through September 2007
If you have any questions regarding these statistics or if you are interested in buying or selling a home in Granite Bay, please feel free to call us at 916-728-1981, e-mail us at pat@patandalison.com or leave a comment below.








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