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« Citrus Heights Foreclosures Statistics Report for September 2011 | Main | Folsom Real Estate Sales July - September 2011 »

October 23, 2011

Citrus Heights Real Estate Statistics Report - September 2011

Citrus Heights Home Sales

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
For Sale 219 183 -16.4% 276 183 -33.7% 270 183 -32.2%
New Listing 132 123 -6.8% 143 123 -14% 193 123 -36.3%
Sold 87 83 -4.6% 73 83 13.7% 108 83 -23.1%
Pended 109 118 8.3% 75 118 57.3% 101 118 16.8%

The number of homes for sale in Citrus Heights decreased in September when compared to June of this year and September of last year.

The number of new listings that were added to to the market in September was lower than the number added in June and the number added to the market in September of last year.

As of October 23rd, 2011 there are 107 homes listed in Citrus Heights that are short sales in contract awaiting bank approval, compared to 156 on June 26th.

The number of homes that were pending sale in September was higher than the number of homes pending sale in June and the number that were pending sale in September of last year.

The number of homes that sold in Citrus Heights in September was lower the number of homes sold in June of this year, but was higher than the number sold in September of last year.

To view a list and map of the recent homes that sold in Citrus Heights, click Citrus Heights home sales July - September 2011.

To view an analysis of foreclosure activity in Citrus Heights, California for the period, click Citrus Heights Foreclosure Report September 2011.

To view a current list of the homes for sale in Citrus Heights, click Homes for Sale in Citrus Heights.

Citrus Heights Average Price Per Square-Foot

Citrus Heights Ave Home Price

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
Avg. Sq. Ft. Price 105 106 0.9% 120 106 -11.6% 251 106 -57.7%

The average price per square foot of Citrus Heights homes was higher in September than it was in June of this year, but was lower than September of last year.

Citrus Heights Average List Price and Average Sales Price

Citrus Heights Average Home Price

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
Avg. Active Price 169 168 -0.6% 191 168 -12% 399 168 -57.9%
Avg. Sold Price 154 153 -0.6% 174 153 -12.1% 375 153 -59.2%

The average asking price for Citrus Heights homes was lower in Citrus Heights than it was in June of this year and September of last year.

The average sales price of Citrus Heights homes was lower in September than it was in June of this year and September of 2010.

Citrus Heights Median Home Sales Price

Citrus Heights Median Home Price

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
Median Price 150 149 -0.7% 170 149 -12.4% 366 149 -59.3%

The median sales price of homes in Citrus Heights was lower in September when compared to June of this year and when compared to September of last year.

Citrus Heights Number of Months of Housing Inventory

Citrus Heights Housing Inventory

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
Months of Inventory (Closed Sales) 2.5 2.2 -12% 3.8 2.2 -42.1% 2.5 2.2 -12%

The inventory of homes for sale in Citrus Heights, when calculated using the number of homes for sale compared to the number of homes that have recently sold, stands at 2.2 months, which is lower than June of this year and September of last year.

Citrus Heights Average Days on Market and Sales Price to List Price %

Citrus Heights Days on Market

  1 quarter 1 year 6 years
  June 11 Sep 11 % Change Sep 10 Sep 11 % Change Sep 05 Sep 11 % Change
Avg. CDOM 86 80 -7% 79 80 1.3% 0 80 n/a
Sold/List Diff. % 98 99 1% 99 99 0% 100 99 -1%

Average consecutive days on market for Citrus Heights homes sold in September was lower than in June of this year, but higher than in September of last year.

The average discount negotiated off the list price of Citrus Heights homes was 1% in September compared to 2% in Juney and 1% in September of last year.

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Citrus Heights, please feel free to call us at 916-728-1981.

*All reports are published October. 2011, based on data available at the end of September. 2011.
All reports and graphs presented  were created by www.TrendGraphix.com and are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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