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What’s Up In Sun Valley Oaks, Roseville?
No Backyards?
The Morgan Creek area homes are some of the nicest, in so far as communities are concerned, in Roseville. Majestic oak trees, homes surrounding the golf course and the amenities are very, very nice.
I remember how exclusive the community was when it first went in. My wife had run into a patient of hers, a lender, who was purchasing out there for speculative reasons in 2004. They purchased with the hope of selling in a couple years, making a pile of money and buying elsewhere.
Last weekend, I showed a home out there on Parkwood Way. Beautiful home, lots of granite, great flooring and the front elevation is really beautiful.
Obviously, because it’s bank owned, the front is dry as a bone and brown. The backyard was
the same and again expected.
What I didn’t anticipate was that the homes, which weren’t for sale and appeared occupied, on either side of this one don’t have backyards installed.
Not even a token plant that looks like it was put there intentionally. Completely brown. Tall weeds. Out of the 7 backyards we could see, only 1 was properly landscaped.
With exception of a random palm tree, which is seen in the picture on the right, that was about it.
This community has association dues of about $130 per month. The MLS says that it covers association management, common areas and the recreation facility. What does the HOA do?
Normally, the homeowners association will police this. They would require homeowners to install landscaping within 60 days of the home being sold or something like that.
Del Webb communities require this and from these pictures, while a pain in the butt to the get it done in conjunction with moving, this might be a policy to be appreciated.
What must this do to the values in this community? I don’t know, regardless of how nice this home is, if I would want to buy a home here. Long term, not having backyards installed could hurt values. I know my buyers were a little shocked by what they saw.
And they didn’t write an offer on this home either.
Now consider that this home sold for $705,000 in 2005. It’s now on the market for $380,000, a sweet 46% discount from the original purchase price. I don’t know that even that discount would entice me to buy this home. Maybe $340,000 would prompt me to make an offer.
And it’s still on the market as of this morning but it’s only been 7 days. In my opinion not much or at worst, they don’t have a policy regarding backyard landscaping which hurts every homeowner in this community.
Are you looking for a home in the Morgan Creek area of Roseville? Are you sure?
If you’d like help finding a home where the backyards are all landscaped, please fill out the form below and we’ll get back to you promptly.
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Roseville Home Sales Report
Sales Steady Amid Price Declines
Values all over the south Placer County area have come down dramatically from the highs of 2005 but even since last year the declines in the median home prices have been in the double digits.
Roseville 95661
The up and down nature of home sales throughout Placer County this year has been a story in itself.
Since May in 95661, sales have steadily increased with exception to August, a month when most families are gearing up for school or on vacation.
The median home sales price has declined 18.78% September 2008 vs. September 2009 in 95661. The median home sales price for September 2009 was $268,000.
In September of 2008, the median sales price was $330,000 while this September the median sales price has declined to $268,000. That seems like a very large decrease in values year over year. Would someone please stick a thumb in the dyke!?
Roseville 95678
Homes Sales Report – Sun City Roseville – 7/6 to 7/17
Sales Sluggish In Sun City Roseville
The last two weeks at Sun City Roseville have been a bit sluggish for real estate sales. Only 5 homes have changed hands in the last two weeks. This is not uncommon as folks are on vacation in the summer and buying does tend to be slower in July especially. August and September generally pick up.
Homes for Sale – Sun City Roseville
Home Sales Report – Sun City Roseville – 6/22 to 6/26
Just one home closed last week in Sun City Roseville. I’ve been hearing and seeing the market is stabilizing but we will see what happens. I don’t feel that our market is out of the woods yet despite the good news going around that we are appreciating in resale and that new homes have increased their prices a little.
The homes for sale, in pending sale and homes sold are just about the same at Sun City Roseville with exception to the price. This is very good information in negotiating sales in this great community.
Homes for Sale in Sun City Roseville
Home Sales Report – Roseville – 6/8 to 6/12
Brisk Home Sales In Roseville Real Estate!
It’s good to see home sales like this. Roseville has homes priced to sell and the market is responding to that.
38 homes have sold in all three zip codes of Roseville combined. 8 were sold in the 95661 zip, 12 in the 95678 zip and 18 in the 95747 zip. ( yup, that’s 38! )
Here are the average sales numbers for the 95661 zip:
Sun City Roseville Home Sales Report – 5/26 to 6/01
The Sun City Roseville community is just incredible. The way the Del Webb communities retain their value due to the captive audience they attract just adds a “cherry on top” to living in this great community.
Our current market has affected this community as with all markets in the Sacramento/Placer county regions but Del Webb communities are just more resilient to economic downturns than non Del Webb communities.
Sales have been slow this week. Currently, there are 42 homes for sale in Sun City Roseville, 12 sales pending and 2 homes have sold. Here are the sold listings this week:
Roseville Home Sales Report – 5/19 to 5/26
Brisk Week in Roseville Real Estate
While Rocklin had a dismal week for closed home sales, Roseville had a much better week. Roseville out performed Rocklin in almost every respect this week both in average sales price and units sold. While Roseville is a much larger city than Rocklin, it surprises me that the sales were that much different.
15 homes sold this week in Roseville. Here is what the average home sold looked like in Roseville this week:
Beds & baths: 3 / 2.5
Square feet: 2029
Initial list price: $300,569
Sold price: $290,167
Listing price to sales price percentage: 96.4%
Days on the market: 66 (4 homes significantly impacted this number with much higher than normal days on the market due to over pricing. Take out these three homes and the average days on the market is 36)
Here are the homes that sold last week in all zips of Roseville:
| Address | Bed & Baths | Square Feet | Sold Price | Days on Market |
| 102 Mueller Ct. | 4 / 3 | 2194 | $310,000 | 212 |
| 1020 Shearer | 3 / 1 | 1131 | $135,000 | 7 |
| 1019 Sunset Dr. | 3 / 1 | 946 | $150,000 | 165 |
| 602 Windsor Dr. | 3-4 / 2 | 1113 | $160,000 | 34 |
| 1008 Crete Way | 3 / 2 | 1307 | $200,000 | 72 |
| 9 Villa Gardens Ct. | 3-4 / 3 | 1639 | $210,000 | 48 |
| 9148 Cortina Cir. | 3 / 3 | 1462 | $214,005 | 21 |
| 7253 Roycroft Dr. | 5 / 3 | 2031 | $296,500 | 16 |
| 7601 Millport Dr. | 3-4 / 3 | 2388 | $335,000 | 57 |
| 532 Oakborough Ave. | 3 / 2 | 1330 | $180,000 | 30 |
| 2312 Clearbrook Cir. | 3 / 2 | 2224 | $290,000 | 180 |
| 4004 Pine Cabin Way | 2 / 2 | 1547 | $300,000 | 42 |
| 3175 Tiny Lane | 3 / 2 | 2400 | $390,000 | 87 |
| 309 Mount Badger Ct. | 4 / 3 | 2939 | $420,000 | 11 |
| 8575 Morgan Creek Lane | 4-5 / 5 | 5786 | $762,000 (109%!) | 6 |
Got questions about a home in your neighborhood? Looking to buy or sell a home in Roseville or Rocklin? Please give me a call, 916-532-7653.
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