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« Granite Bay Real Estate Sales May - July 2012 | Main | Placer County Real Estate Sales August 20th - August 26th, 2012 »

August 31, 2012

Placer County Home Sales Statistics July 2012 - Video

Placer County Home Sales

Placer County Home Sales July 2012

  1 month 1 year 5 years
  June 12 July 12 % Change July 11 July 12 % Change July 07 July 12 % Change
For Sale 737 784 6.4% 1315 784 -40.4% 3036 784 -74.2%
New Listing 628 586 -6.7% 654 586 -10.4% 950 586 -38.3%
Sold 508 486 -4.3% 460 486 5.7% 338 486 43.8%
Pended 568 595 4.8% 545 595 9.2% 354 595 68.1%

The number of homes for sale in Placer County increased in July when compared to June, but was down substantially compared to July of last year.

The number of new listings that were added to to the market in July decreased when compared to the number added in June and the number of listings added to the market in July of last year.

The least expensive home listed for sale in Placer County is an 840 square-foot condo on Sapphire Drive Auburn CA, which is listed for $51,000. The most expensive home for sale in Placer County is a 13,137 square-foot home on 4.8 Acres on Rocky Hill Court in Loomis, CA, which is listed for $3,900,000.

As of August 31st, 2011, in addition to the homes currently listed for sale or pending sale, there are also 678 homes listed in Placer County that are short sales in contract awaiting bank approval, which is slightly higher than the 656 that were awaiting approval on July 26th.

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

The number of homes that sold in Placer County in July was down over 4% compared to June, but was up nearly 6% compared to July of last year.

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

June 25th - July 1st

July 2nd - July 8th

July 9th - July 15th

July 16th - July 22nd

July 23rd - July 29th

July 30th - August 5th

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

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

Placer County Price Per Square-Foot

Placer County Price Sqft July 2012

  1 month 1 year 5 years
  June 12 July 12 % Change July 11 July 12 % Change July 07 July 12 % Change
Avg. Sq. Ft. Price 144 145 0.8% 140 145 3.9% 228 145 -36.2%

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

Placer County Average List Price and Average Sales Price

Placer County Average Home Price July 2012

  1 month 1 year 5 years
  June 12 July 12 % Change July 11 July 12 % Change July 07 July 12 % Change
Avg. Active Price 531 528 -0.6% 427 528 23.7% 644 528 -18%
Avg. Sold Price 326 329 0.9% 319 329 3.1% 524 329 -37.2%

The average asking price for Placer County homes was lower in July than it was in June, but it ws nearly 24% higher than July of last year.

The average sales price was higher in July than it was in June and July of last year.

Placer County Median Home Sales Price

Placer County Median Home Price July 2012

  1 month 1 year 5 years
  June 12 July 12 % Change July 11 July 12 % Change July 07 July 12 % Change
Median Price 280 291 3.9% 260 291 11.9% 437 291 -33.4%

The median sales price of homes in Placer County was higher in July when compared to June and july of last year.

Placer County Number of Months of Housing Inventory

Placer County Housing Inventory July 2012

  1 month 1 year 5 years
  June 12 July 12 % Change July 11 July 12 % Change July 07 July 12 % Change
Months of Inventory (Closed Sales) 1.5 1.6 6.7% 2.9 1.6 -44.8% 9 1.6 -82.2%

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 1.6 months, which is approximately the same as June, 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 July 2012

  1 month 1 year 5 years
  June 12 July 12 % Change July 11 July 12 % Change July 07 July 12 % Change
Avg. CDOM 78 69 -11.5% 90 69 -23.3% 106 69 -34.9%
Sold/List Diff. % 99 99 0% 97 99 2.1% 96 99 3.1%

Average consecutive days on market decreased nearly 10 days in July when compared to June, and was down 21 days when compared to July 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 August. 2012, based on data available at the end of July, 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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