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« Lincoln, CA Real Estate Sales March - May 2012 | Main | Placer County Real Estate Sales June 18th - June 24th, 2012 »

June 29, 2012

Placer County Home Sales Statistics May 2012

Placer County Home Sales

Placer County Home Sales May 2012

  1 month 1 year 5 years
  Apr 12 May 12 % Change May 11 May 12 % Change May 07 May 12 % Change
For Sale 753 739 -1.9% 1358 739 -45.6% 2868 739 -74.2%
New Listing 604 624 3.3% 684 624 -8.8% 990 624 -37%
Sold 457 508 11.2% 476 508 6.7% 392 508 29.6%
Pended 628 694 10.5% 568 694 22.2% 367 694 89.1%

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

The number of new listings that were added to to the market in May actually increased when compared to the number added in April, but was down nearly 9% compared to the number of listings added to the market in May of last year.

The least expensive home listed for sale in Placer County is a 922 square-foot condo on Sapphire Drive in Auburn, CA, which is listed for $49,000. 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 June 29th, 2011, in addition to the homes currently listed for sale or pending sale, there are also 660 homes listed in Placer County that are short sales in contract awaiting bank approval, which is about 10% higher than the number awaiting approval on May 30th.

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

The number of homes that sold in Placer County in May was up over 11% compared to April, and up over 22% compared to May of last year.

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

April 30th - May 6th

May 7th - May 13th

May 14th - May 20th

May 21st - 27th

May 28th - June 3rd

To view an analysis of foreclosure activity in Placer County for the period, click Placer County Foreclosure Report May 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 Price Per Sqft May 2012

  1 month 1 year 5 years
  Apr 12 May 12 % Change May 11 May 12 % Change May 07 May 12 % Change
Avg. Sq. Ft. Price 138 144 4.2% 134 144 7% 240 144 -40.1%

The average price per square-foot of Placer County homes increased in May when compared to April and May of last year.

Placer County Average List Price and Average Sales Price

Placer County Average Home Price May 2012

  1 month 1 year 5 years
  Apr 12 May 12 % Change May 11 May 12 % Change May 07 May 12 % Change
Avg. Active Price 494 513 3.8% 421 513 21.9% 655 513 -21.7%
Avg. Sold Price 306 317 3.6% 293 317 8.2% 516 317 -38.6%

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

The average sales price was higher in May than it was in April and May of last year.

Placer County Median Home Sales Price

Placer County Median Home Price May 2012

  1 month 1 year 5 years
  Apr 12 May 12 % Change May 11 May 12 % Change May 07 May 12 % Change
Median Price 276 272 -1.4% 254 272 7.1% 440 272 -38.2%

The median sales price of homes in Placer County was slightly lower in May when compared to April, but was higher when compared to May of last year.

Placer County Number of Months of Housing Inventory

Placer County Months Housing Inventory May 2012

  1 month 1 year 5 years
  Apr 12 May 12 % Change May 11 May 12 % Change May 07 May 12 % Change
Months of Inventory (Closed Sales) 1.6 1.5 -6.3% 2.9 1.5 -48.3% 7.3 1.5 -79.5%

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 1.5 months, which is lower than last month, and about half what it was a year ago.

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

Placer County Days on Market May 2012

  1 month 1 year 5 years
  Apr 12 May 12 % Change May 11 May 12 % Change May 07 May 12 % Change
Avg. CDOM 73 68 -6.8% 94 68 -27.7% 112 68 -39.3%
Sold/List Diff. % 99 99 0% 98 99 1% 97 99 2.1%

Average consecutive days on market dropped 7% in May when compared to April, and was down 28% when compared to May of last year.

The average discount negotiated off the list price of Placer County homes was 1% in May, 1% in April, and 2% in May 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, California, 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 June. 2012, based on data available at the end of May. 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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