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May 30, 2012

Placer County Home Sales Statistics April 2012 - Video

Placer County Home Sales

Placer County Home Sales April 2012

  1 month 1 year 5 years
  Mar 12 Apr 12 % Change Apr 11 Apr 12 % Change Apr 07 Apr 12 % Change
For Sale 823 751 -8.7% 1371 751 -45.2% 2738 751 -72.6%
New Listing 697 588 -15.6% 722 588 -18.6% 1003 588 -41.4%
Sold 489 442 -9.6% 435 442 1.6% 303 442 45.9%
Pended 637 690 8.3% 562 690 22.8% 365 690 89%

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

The number of new listings that were added to to the market in April was lower than the number added in March and the number of listing added to the market in April of last year.

The least expensive home listed for sale in Placer County is a 672 square-foot major fixer on Wise Road in Newcastle, which is listed for $29,600. 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 May 30th, 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, which is about slightly less than the number awaiting approval in April.

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

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

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

March 26th - April 1st

April 2nd - April 8th

April 9th - April 15th

Apil 16th - April 22nd

April 23rd - April 29th

April 30th - May 6th

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

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

Placer County Price Per Square-Foot

Placer County Price Sqft April 2012

  1 month 1 year 5 years
  Mar 12 Apr 12 % Change Apr 11 Apr 12 % Change Apr 07 Apr 12 % Change
Avg. Sq. Ft. Price 137 139 1.4% 139 139 -0.1% 236 139 -41.2%

The average price per square-foot of Placer County homes increased in April when compared to March, but was unchanged when compared to April of last year.

Placer County Average List Price and Average Sales Price

Placer County Average Home Price April 2012

  1 month 1 year 5 years
  Mar 12 Apr 12 % Change Apr 11 Apr 12 % Change Apr 07 Apr 12 % Change
Avg. Active Price 479 491 2.5% 420 491 16.9% 661 491 -25.7%
Avg. Sold Price 304 306 0.7% 315 306 -2.9% 517 306 -40.8%

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

The average sales price was higher in April than it was in March, but was lower than April of last year.

Placer County Median Home Sales Price

Placer County Median Home Price April 2012

  1 month 1 year 5 years
  Mar 12 Apr 12 % Change Apr 11 Apr 12 % Change Apr 07 Apr 12 % Change
Median Price 265 275 3.8% 264 275 4.2% 447 275 -38.5%

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

Placer County Number of Months of Housing Inventory

Placer County Housing Inventory April 2012

  1 month 1 year 5 years
  Mar 12 Apr 12 % Change Apr 11 Apr 12 % Change Apr 07 Apr 12 % Change
Months of Inventory (Closed Sales) 1.7 1.7 0% 3.2 1.7 -46.9% 9 1.7 -81.1%

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 1.7 months, which is the same as last month, but down 47% from last year.

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

Placer County Days on Market April 2012

  1 month 1 year 5 years
  Mar 12 Apr 12 % Change Apr 11 Apr 12 % Change Apr 07 Apr 12 % Change
Avg. CDOM 88 72 -18.2% 107 72 -32.7% 115 72 -37.4%
Sold/List Diff. % 97 99 2.1% 97 99 2.1% 97 99 2.1%

Average consecutive days on market dropped 18% in April when compared to March, and was down 33% when compared to April of last year.

The average discount negotiated off the list price of Placer County homes was 1% in April, 3% in March, and 3% in April 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 May. 2012, based on data available at the end of April. 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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