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Home Sales Report – Rocklin – July 2009

rocklin-homes-for-saleJust An Average Sales Month – 95677

So far this year, the 95677 zip code of Rocklin has averaged about 18.5 sales per month.  July was no exception with 17 sales, just another average month.

Looking for homes for sale in Rocklin?  Click Here.  Scroll down to the bottom of the page.

The average sales price has been all over the board this year.  95677 has a diverse mix of very high end and lower end older homes making the average sales price jump all over the place as the graphic shows.

rocklin_average_sales_price_95677

The average sales price in 95677 for July was $334,678 but the most relevant number for value in this zip code will be the annual number due to the diversity in the neighborhoods.

The 95765 zip code isn’t quite as diverse and you see a clear pattern in the average sales price that doesn’t exist in the 95677 Rocklin zip.

Home Sales – 95677

As I said, 17 homes sold in the month of July and the average homes sold aren’t far from this number.

rocklin_home_sales_95677_-_2009

But while the chart may represent sales being very up and down, the the low sales month for the year was February, not unexpected, at 14 sales and the high sales month was 26 in June, again, not unexpected.

The average homes sold per month being about 18.5 homes sold per month, sales have been relatively consistent all year, a good sign.

Homes for Sale – Rocklin 95677

At the time of this writing, there were 43 homes for sale in the 95677 zip code of Rocklin.  Dividing the average sales by the homes currently for sale gives us just over 2 months worth of inventory available at an average offering price of $462,504 for a 4 bedroom, 3 bath home at over 2600 square feet in 95677.

Typically, anything below the 6 months of inventory for sale mark is a seller’s market.  Odd how the tide shifts so quickly.

Have questions or comments?  Please feel free to give me a call or send an email at any time.

Thanks for visiting!

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What is the “Shadow Inventory” in Sacramento Real Estate?

Is Our Market Headed for Another CRASH?

It’s been reported time and again that there are large numbers of unsold yet vacant homes in the Sacramento real estate that, due to lender and state moritorium, haven’t come on the market.  What will happen to those homes?  When will they come on the  market?

A short video on my perspective.  Enjoy!

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Sacramento Region Homes for Sale – April

Inventory Increases

sacramento_region_active_listings_-_aprilThe total number of homes for sale in the Sacramento region including El Dorado and Placer counties increased 3.5% in April over March.  This spike in homes for sale is normal for the time of year when more homes typically come on the market.  If history tells us anything, the total number of homes for sale should increase or hold steady over the next few months.

The number of homes for sale in Placer County increased 8.9% in April over March.  While a more significant increase, this is normal for the time of year.  Call it a “seasonal” increase.  Additionally, loans at the higher price points have been a bit more difficult to obtain thus it’s taking a little longer to get those homes sold than it used to.

This increase breaks the 3 month decline in the number of homes for sale in Sacramento County.  Depending on what the banks do with the “shadow inventory” (homes available for sale but not on the market) inventory levels may stay reasonably stable.

Read the rest of this entry »

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Brand New Listings in Rocklin This Week!

18 New Listings!

18 new listings came on the market in Rocklin this week in varying price points.  With the $8000 first time home buyer tax credit given out this  year by the government, if the time is right, it’s a great time to buy.

I don’t usually include short sales in with my report as most of those end up as foreclosures anyway and for the most part, waste the buyers time.  They are becoming easier to work with but most buyers get bored waiting for the bank to make a decision and move on to more accessible homes.

Here’s this weeks list:

Address Beds/Baths Square Feet Price Comments
3033 Twin Creeks Ln. 3/2 986 $174,900 Bank owned
2942 Twin Creeks Ln. 3/3 1319 $180,200 Bank owned
4737 Racetrack Cir. 3/2 1156 $199,000 Pool
2224 Glacier Dr. 4/2 2240 $257,900 Big lot with a pool
4865 Grove St. 4/3 1320 $349,900 1.3 acres, short sale
3997 Rawhide Rd. 4/3 3168 $699,000 Clover Valley
6803 Yarrow Way 4/5 3346 $998,500 Ahem!!! Gorgeous home
2820 Key Court 4/3 1951 $275,000 Location just ok
1621 Poppy Circle 4/2 1691 $289,000 Nice location
2145 Ranch View Dr. 3/2 2315 $336,465 StanPac, Whitney Ranch
2143 Ranch View Dr. 3/2.5 2861 $398,650 StanPac, Whitney Ranch
2142 Ranch View Dr. 4/3 3066 $421,115 StanPac, Whitney Ranch
2418 Saint Andrews Dr. 4/2 2014 $424,000 Fireplace, den
2144 Ranch View Dr. 5/3 3096 $428,235 StanPac, Whitney Ranch
2163 Red Setter Rd. 4/3.5 3268 $437,265 StanPac, Whitney Ranch
2413 Cody Court 3/3 2428 $499,000 Retirement community
1802 Sorrell Cir. 4/3.5 4148 $694,971 Centex, Whitney Ranch
3391 Black Oak Dr. 5/4.5 4228 $700,000 Beautiful, gated community

Although one short sale made it to the list, the rest of the short sales in this weeks report were not included.  For more information on those please feel free to contact me.

Thanks for visiting!

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