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Homes Sales Report – Stanford Ranch, Rocklin – 6/15 to 6/19
Sales Pick Up In Stanford Ranch
There were 9 sales in Stanford Ranch last week, much better than in weeks past. I would normally say that this a great week for the small
area but the average days on the market were astronomical. This always point to pricing. If homes are priced correctly, they sell in a reasonable amount of time. Of course, pricing all depends on the situation at hand and the goals of the seller. One of the homes in this report took 865 days to sell! Wow!
As of this writing there are 78 homes actively for sale in both active ( bank owned/REO or regular real estate) and short sale status. There are 20 homes in sale pending.
Homes On The Market Now
The average home actively on the market in Stanford Ranch looks like this:
Beds & Baths – 4 / 3
Square Foot – 2684
List Price – $501,863 ( a $137,863 difference in the average sold price. Zowee! )
Days on the Market – 139
Pending Sale Homes
The average home in pending sale looks like this:
Beds & Baths – 3 / 3
Square Foot – 2415
Listing Price at Sale – $346,348
Days on the Market – 100
Homes Closed Last Week
The average home sold last week looks like this:
Beds & Baths – 4 / 3
Square Foot – 2472
List Price at Sale – $378,533
Sold Price – $364,000
Days on the Market – 278 ( 5 of these homes had been on the market for 196, 367, 306, 580 and 865 days!)
Homes Sold In Stanford Ranch
| Address | Beds & Baths | Square Foot | Original List Price | Sold Price |
| 5425 San Carlos Way | 3 / 3 | 1667 | $279,900 | $239,000 |
| 2837 Augusta Ct. | 3 / 2 | 1306 | $229,900 | $243,000 |
| 1621 Poppy Cir. | 4 / 2 | 1691 | $289,000 | $260,000 |
| 2820 Key Ct. | 4 / 3 | 1951 | $275,000 | $264,000 |
| 1845 Talon Rd. | 4 / 3 | 2452 | $350,000 | $300,000 |
| 2808 Shelton St. | 4 / 3 | 2215 | $349,000 | $330,000 |
| 2814 Hillcrest Rd. | 5 / 4 | 3183 | $599,000 | $430,000 |
| 3806 Sylvan Dr. | 4 / 3 | 3212 | $610,000 | $530,000 |
| 3911 Black Oak Ct. | 5 / 5 | 4569 | $879,000 | $680,000 |
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Even for Stanford Ranch homes above $300,000 are not moving much, so I feel this is normal. Right now buyers who can afford and have a down payment for a $400,000 home is probably living in his/her $400,000 home and is not likely to sell in this market. As with every real estate cycle the higher priced areas will stabilize and return to appreciating last.
The good news for Stanford Ranch is prices already appear to have stabilized and it’s a good time to get in there and get a home that was once worth $600,000, and will be again in a few years, for much much less…