Placer County Home Sales Statistics September 2011

Placer County Home Sales 

	1 month			1 year			5 years
	Aug 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 06	Sep 11	% Change
For Sale	1217	1133	-6.9%	1827	1133	-38%	2977	1133	-61.9%
New Listing	642	585	-8.9%	697	585	-16.1%	903	585	-35.2%
Sold	548	470	-14.2%	414	470	13.5%	337	470	39.5%
Pended	619	661	6.8%	381	661	73.5%	350	661	88.9%

The number of homes for sale in Placer County decreased in September when compared to August, and was down even more substantially compared to 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 August, and was also lower than the number of listing added to the market in September of last year.

The least expensive home listed for sale in Placer County is a 1,104 square-foot bank owned home on Mount Vernon Road in Auburn, which is listed for $59,900. The most expensive home for sale in Placer County is a 3,110 square-foot home on 80 Acres on McCourtney Road in Lincoln, which is listed for $6,200,000.

As of September 28th, 2011, in addition to the homes currently listed for sale or pending sale, there are also 600 homes listed in Placer County that are short sales in contract awaiting bank approval. There were 658 of these types of short sale contingent properties listed on September 28th and 524 listed on November 29th of last year. 

The number of Placer County homes that were pending sale in September was up when compared to August, and was up even more when compared to September of last year.

The number of homes that sold in Placer County in Septe,ber was down compared to August, but was up compared to September of last year.

To view a list and map of the homes that recently sold in Placer County click the following links:

August 29th - September 4th

September 5th - September 11th

September 12th - September 18th

September 19th - September 25th

September 26th - October 2nd

To view an analysis of foreclosure activity in Placer County for the period, click Placer County Foreclosure Report September 2011.

To view a current list of the homes for sale in Placer County, click Placer County Real Estate.

Placer County Price Per Square-Foot

	1 month			1 year			5 years
	Aug 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 06	Sep 11	% Change
Avg. Sq. Ft. Price	138	135	-2.2%	141	135	-4.5%	242	135	-44.3%

The average price per square-foot of Placer County homes decreased in September when compared to August and September of last year.

Placer County Average List Price and Average Sales Price

	1 month			1 year			5 years
	Aug 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 06	Sep 11	% Change
Avg. Active Price	430	447	4%	455	447	-1.8%	658	447	-32.1%
Avg. Sold Price	307	302	-1.6%	319	302	-5.3%	504	302	-40.1%

The average asking price for Placer County homes was higher in September than it was in August, but was lower when compared to September of last year. 

The average sales price was lower in September than it was in August and was also lower when compared to September of last year.

Placer County Median Home Sales Price 

	1 month			1 year			5 years
	Aug 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 06	Sep 11	% Change
Median Price	265	262	-1.1%	279	262	-6.1%	445	262	-41.1%

The median sales price of homes in Placer County was down in September when compared to August and September of last year.

Placer County Number of Months of Housing Inventory

	1 month			1 year			5 years
	Aug 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 06	Sep 11	% Change
Months of Inventory (Closed Sales)	2.2	2.4	9.1%	4.4	2.4	-45.5%	8.8	2.4	-72.7%

The inventory of homes for sale in Placer County, when calculated using the number of homes for sale compared to the number of homes that have recently sold stands at 2.4 months, which is slightly higher than August of this year, and almost half of the inventory level during September of last year.

Placer County Average Days on Market and Sales Price to List Price %

	1 month			1 year			5 years
	Aug 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 06	Sep 11	% Change
Avg. CDOM	89	92	3.4%	95	92	-3.2%	87	92	5.7%
Sold/List Diff. %	98	98	0%	98	98	0%	97	98	1%

Average consecutive days on market was up 3 days for Placer County homes sold in September compared to August, but was down 3 days when compared to September of last year.

The average discount negotiated off the list price of Placer County homes was 2% in September, 2% in August and 2% 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 Placer County, CA, please feel free to contact us at 916-728-1981.

To see additional statistcal graphs, including home sales broken down by sale type (short sales, bank owned, non short sale or bank owned) visit Placer County Real Estate Statistics.

*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.comand 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.