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« Placer County Foreclosures Report for March 2012 | Main | Placer County Real Estate Sales April 23rd - 29th, 2012 »

April 30, 2012

Placer County Home Sales Statistics March 2012 - Video

Placer County Home Sales

Placer County March Home Sales

  1 month 1 year 5 years
  Feb 12 Mar 12 % Change Mar 11 Mar 12 % Change Mar 07 Mar 12 % Change
For Sale 868 823 -5.2% 1359 823 -39.4% 2487 823 -66.9%
New Listing 573 682 19% 688 682 -0.9% 1053 682 -35.2%
Sold 426 469 10.1% 491 469 -4.5% 319 469 47%
Pended 570 710 24.6% 595 710 19.3% 365 710 94.5%

The number of homes for sale in Placer County decreased in March when compared to February, and was down even more substantially compared to March of last year.

The number of new listings that were added to to the market in March was higher than the number added in February, but was about the same as the number of listing added to the market in March of last year.

The least expensive home listed for sale in Placer County is a 775 square-foot major fixer cabin on Todd Valley Road in Foresthill, which is listed for $59,950. The most expensive home for sale in Placer County is a 8,700 square-foot home on 5 Acres on Oak Creek Place in Granite Bay, which is listed for $3,850,000.

As of April 30th, 2011, in addition to the homes currently listed for sale or pending sale, there are also 613 homes listed in Placer County that are short sales in contract awaiting bank approval, which is about the same as the number awaiting approval in February.

The number of Placer County homes that were pending sale in March was up considerably when compared to February and March of last year of last year.

The number of homes that sold in Placer County in March was up compared to February, but was down compared to and March of last year.

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

February 27th - March 4th

March 5th - March 11th

March 12th - March 18th

March 19th - March 25th

March 26th - April 1st

To view an analysis of foreclosure activity in Placer County for the period, click Placer County Foreclosure Report March 2012.

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

Placer County Price Per Square-Foot

Placer County March Home Sales

  1 month 1 year 5 years
  Feb 12 Mar 12 % Change Mar 11 Mar 12 % Change Mar 07 Mar 12 % Change
Avg. Sq. Ft. Price 128 137 6.5% 139 137 -1.9% 237 137 -42.3%

The average price per square-foot of Placer County homes increased in March when compared to February, but fell slightly when compared to March of last year.

Placer County Average List Price and Average Sales Price

Placer County Average Home Price

  1 month 1 year 5 years
  Feb 12 Mar 12 % Change Mar 11 Mar 12 % Change Mar 07 Mar 12 % Change
Avg. Active Price 445 479 7.6% 404 479 18.6% 670 479 -28.5%
Avg. Sold Price 276 304 10.1% 301 304 1% 536 304 -43.3%

The average asking price for Placer County homes was higher in March than it was in February and March of last year.

The average sales price was higher in March than it was in February and March of last year.

Placer County Median Home Sales Price

Placer County Median Home Price March

  1 month 1 year 5 years
  Feb 12 Mar 12 % Change Mar 11 Mar 12 % Change Mar 07 Mar 12 % Change
Median Price 250 265 6% 250 265 6% 450 265 -41.1%

The median sales price of homes in Placer County was higher in March when compared to February and when compared to March of last year.

Placer County Number of Months of Housing Inventory

Placer County Housing Inventory March

  1 month 1 year 5 years
  Feb 12 Mar 12 % Change Mar 11 Mar 12 % Change Mar 07 Mar 12 % Change
Months of Inventory (Closed Sales) 2 1.8 -10% 2.8 1.8 -35.7% 7.8 1.8 -76.9%

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 1.8 months, which is lower than February of this year, and less than the level during March of last year.

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

Placer County DOM March

  1 month 1 year 5 years
  Feb 12 Mar 12 % Change Mar 11 Mar 12 % Change Mar 07 Mar 12 % Change
Avg. CDOM 86 86 0% 108 86 -20.4% 119 86 -27.7%
Sold/List Diff. % 98 97 -1% 97 97 0% 96 97 1%

Average consecutive days on market was the same in March as it was in February, but was down 22 days when compared to March of last year.

The average discount negotiated off the list price of Placer County homes was 3% in March, 2% in February, and 3% in March 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 April. 2012, based on data available at the end of March. 2012.
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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