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Rocklin Home Sales Report – 5/19 – 5/26

Slow Week In Rocklin Real Estate Sales

rocklin-homes-for-saleThe Rocklin real estate market definitely did not break any sales records this week.  In both zip codes of Rocklin, there were only 4 closed sales total.  A little surprising being that we are just beginning the height of the buying season.

It’s still early, things should begin to pick up and I’m anticipating a great sales season for the Rocklin and Roseville real estate markets.  If properly priced, homes are moving quickly.

Here is what the average sale looked like in Rocklin this week:

Beds & baths: 4 / 2.5

Square foot: 2043

Initial list price: $282,200

Sales price: $273,225

Listing to sales price percentage: 96.7%

Days on the market: 59 (one home skewed this data with 202 days on the market.  Take that one out and the remaining homes sold in an average of 12 days)

Here are the homes sold:

Address Beds & Baths Square Feet Initial List Price Sold Price
5070 San Francisco St. 3 / 2 1308 $179,900 $193,000
5614 Terrace Dr. 4 / 3 1900 $264,900 $259,900
6101 High Pines Ct. 3 / 2 1671 $309,000 $270,000
6426 Brant Way 6 / 3 3291 $375,000 $370,000

Looking for a home in the Rocklin / Stanford Ranch area?  If so, please contact me at 916-532-7653.  We’ll find you a great deal on a home in one of the best areas of the Sacramento region.

Thanks for visiting!

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Rocklin Real Estate Shows Improvement

Average Sales Price Increases

rocklin_average_sales_price_2009Since the beginning of the year, the real estate market across the region has been improving.  The number of homes sold has increased, the average sales price has increased and inventory numbers have declined.  In Rocklin, the average sales price has increased almost 17%, January to March.

While there is some light at the end of the tunnel, there are still many homes that have been foreclosed on yet are not on the market.  There aren’t as many of these homes in the Rocklin/Roseville real estate market as there are in Sacramento but they are still out there.  Now that the government has announced the “bail out” plan and are purchasing troubled assets, there should be some resolution as to how these properties will be sold.

Foreclosure Sales Lead the Pack

Of the homes sold over the first quarter of 2009 in Rocklin, 56 were bank orocklin_real_estate_transactionswned homes that were foreclosed on, 31 were short sales and 55 were “regular” real estate deals.

I don’t expect this to change that much throughout this year.  In other markets throughout the region, the percentage of bank owned sales to regular real estate sales is much higher.

We are still in the midst of a moratorium in California put into place by the Governor at the end of February.  It is supposed to be over at the end of May but so far, it’s been extended 3 times since September 1, 2008.

With markets stabilizing, I guess that, if the banks can figure out what’s going on with the homes not yet on the market, why not extend it?  With values and sales increasing, on some level, it’s working for now.  The jury is still out on this.

Home Sales Increase

rocklin_home_sales_2009Every month this year, the number of homes sold has increased.  This isn’t as significant as the average sales price increasing as the buying season is here. With interest rates down and summer coming, it’s the time to buy and move if you’re in a position to do so.  Rocklin is an awesome place to live.  My family and I love it here.

Additionally, the banks are starting to loosen up with regard to short sales as the government is providing an incentive to do so.

If you must sell and you have to sell short, please give us a call.  We can help you navigate through a tough time and help you get it done.

Thanks for visiting!

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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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Rocklin Real Estate Sold Homes 2/14 to 2/21

This Weeks Home Sales in Rocklin

There were 8 home closed home sales in Rocklin this week.  Here are the stats:

The average days on the market for these homes was 81.

The original listing price to sold price was 94.56%.

The average cost per square foot was $150.84 on an average square footage of 2288.

The average sold price was $328,938.

Homes are selling when priced right and effectively marketed in all areas of the region.  Here are the individual homes sales by address:

 

Address Beds/Baths List Price Sold Price
4108 Oak Court 3/2 $237,000 $230,000
6121 Woodside Drive 3/2 $249,900 $237,500
2477 Pinnacles Dr 3-5/3 $285,000 $238,000
2114 Hannah Way 5-6/3 $289,000 $289,000
6320 Curlew Court 3/2 $345,000 $335,000
5300 Hawkhaven Court 5/3 $375,000 $375,000
4413 Vivien Way 4/3 $479,000 $425,000
2203 Hedrick Court 4/4 $522,900 $502,000

 

Is there a home in Rocklin you would like more information on?  Looking to sell or buy a home in Rocklin?  Give us a call, we’d be happy to help you get moving.

Thanks for visiting!

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5062 Concord Road, Rocklin

Screaming” Deal in Rocklin Homes

This bank owned home just came up in Rocklin.  3 bedrooms, 2 bathrooms, over 1700 square feet in one of the best school districts in Placer County.  This one is priced at $239,000.  This is one of the lowest prices I’ve seen in West Rocklin this decade.

Concord Road, Rocklin

This neighborhood is in Stanford Ranch close to parks, schools, shopping and is very quiet away from noise and heavy traffic.  Click on the link above to be taken to Mapquest and take a look at the location.  It’s very nice.  Shopping center and Starbucks right around the corner.  My in-laws live very close to this street, I know it well.

“This One Won’t Last”

I know this falls into the same category as “but wait, there’s more!” but this is one of the best priced homes in West Rocklin.  Because it’s a bank owned home, it needs some work to be perfect but the value is there.  A quick check of comparable sales since September 1 brings the numbers in at approximately $254K low and $285K high for an average around $268K.  That’s a difference of approximately $30K below where the market price for homes like this one sell.  That’s a great deal in a great location.

Looking to purchase a home in Rocklin?  Please give me a call, I’d be happy to help you make it happen. Click here.

Video Walkthrough of 5062 Concord Road in Rocklin

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Roseville Real Estate Statistics – October 2008

Roseville Home Sales Down In October 30%

Roseville home sales took a significant dip in October vs. the August sales.  In August there were 196 sales, that includes all Roseville zip codes and in October only 137 homes sold, a drop of 30%.  That’s a rather significant drop in sales over a two month period even with the normal seasonal slowdown for this time of year.

Rocklin sales also dipped but it was less dramatic than Roseville.  It would be pure speculation on my part as to why this occurred but we’ll see how the rest of the year shapes up.  Foreclosures are artificially down for the moment and that could be a contributor.

Year over Year Roseville Home Sales Increase

Read the rest of this entry »

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