Over the past two weeks, I’ve gotten a very clear reminder of how competitive parts of our market have become.
I’ve written offers for two separate clients on three different homes—and in every case, we ran into multiple offers:
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A home in Springfield at Whitney Oaks (Rocklin) – 2 offers
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A home in Roseville near Oakmont High School – 6 offers
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A home in Rollingwood (Fair Oaks) – 2 offers
We successfully secured the Fair Oaks home, passed on the Springfield property, and were just barely outbid in Roseville.
At the same time:
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Another client was interested in a home near Rocklin High—it received multiple offers before they were ready
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Another was interested in a home in Orangevale with a great pool and yard that received 5 offers
So What’s Going On in the Placer County Housing Market?
Not every segment of the market is hot—but the right homes, in the right price ranges, absolutely are.
And this is actually a very typical seasonal pattern.
As we move into spring, it’s common to see buyer activity pick up first, often before we see a meaningful increase in new listings. That creates a short window where:
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Demand rises quickly
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Inventory hasn’t caught up yet
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Competition increases
As we move into late spring and early summer, we typically see more homes hit the market, which helps balance things out.
But right now, we’re still in that early phase—and it shows.
Placer County Market Snapshot
As of this week:
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923 homes for sale
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543 homes in contract
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1.7 months of inventory
That’s a tight market.
For context, we’ve generally been between 1–3 months of inventory over the past few years—and even dropped below 1 during the peak frenzy of 2020–2022.
What Happened This Past Week?
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128 homes went into contract
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53 had multiple offers (~40%)
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44% went pending within 7 days
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79% went pending within 30 days
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Only 7% had been on the market over 90 days
Now compare that to what’s currently sitting:
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221 of the 923 active listings have been on the market over 90 days (~24%)
The Takeaway: A Split Market
The Placer County real estate market is very split right now:
- Homes that are priced well, show well, and check the right boxes are moving quickly—and often with multiple offers
- Homes that miss the mark on price, condition, or presentation are sitting, sometimes for months
And right now, we’re in that early spring window where competition can feel especially intense because demand is rising faster than supply.
If You’re a Seller in Placer County
If your home has been on the market for more than 90 days without selling, it’s worth taking a hard look at:
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Pricing strategy
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Condition and presentation
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Marketing approach (and whether it needs a relaunch)
Sometimes it’s one of these—often it’s a combination.
If You’re a Buyer
If you’re targeting a competitive price range or a home with high-demand features:
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Have your financing fully dialed in
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Be ready to act quickly and decisively
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Make sure all decision-makers are aligned before you start writing offers
If you do those things, you can absolutely be successful in this market.
Thinking About Buying or Selling?
Whether you're trying to navigate a competitive price range or wondering why your home hasn’t sold, I’m happy to help you make sense of it.
Call or text: (916) 316-5626
www.OwnPlacer.com
Patrick Hake
Broker Associate
eXp Realty of California
License #01349088
Placer County Weekend Events | March 26–29
We’re starting to see that shift into spring around Placer County—longer days, better weather, and more events popping up.
This weekend has a great mix of a brand-new local opening, a unique family event, and a wine trail experience.
Join The Vault – GRAND OPENING (Opening Day!)
949 Lincoln Way, Auburn
Friday, March 27 | 4:00 PM – 10:00 PM
A brand-new entertainment spot featuring duckpin bowling, pinball, arcade games, and pool tables. Food and beer will be flowing—should be a great opening night.
https://visitthevault.com/
Floating Egg-Stravaganza
Mike Shellito Indoor Pool, Roseville
Saturday, March 29
9:00 AM – 3:00 PM
A fun twist on the classic egg hunt—over 8,000 eggs floating in the pool, plus crafts, prizes, and a chance to meet the bunny.
Registration is required.
https://www.roseville.ca.us/residents/city_events/floating_egg-_stravaganza
Sip Into Spring – Placer Wine Trail
Wineries across Auburn, Granite Bay, Lincoln, Loomis, Newcastle & Rocklin
March 28–29
12:00 PM – 5:00 PM
Enjoy local wineries, spring releases, and great views across Placer County.
https://events.humanitix.com/sip-into-spring-on-the-placer-wine-trail
Posted by Patrick Hake on
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