These are blog posts that address real estate statistics updates for Placer County and the surrounding area.

The latest data for February 2025 shows an increase in available homes, steady prices, and continued buyer demand in Placer County. If you’re thinking about buying or selling, here’s what’s happening in the market right now:

 

Key Market Trends

  • More inventory: The number of homes for sale jumped 51.4% compared to last year, giving buyers more choices.

  • Pending sales are up: Buyer activity remains strong, with pending home sales increasing 11.5% from last month and 14.2% from last year.

  • Prices are holding steady: The median home price remained at $650,000, unchanged from last month and last year.

  • Homes are selling faster: The average days on market fell to 45 days, down 16.7% from January, signaling that…

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If you’ve ever checked your home’s value on Zillow or another online estimator, you may have noticed that their estimates change dramatically once a home is listed for sale. That’s because Automated Valuation Models (AVMs) rely on broad data trends—until an agent sets a price. Then, suddenly, Zillow and other AVMs adjust their numbers to reflect that new data point.

So, how accurate are these online estimates when it comes to predicting the actual sale price of a home in Placer County and the greater Sacramento area? Let’s break it down.

The Problem With AVMs

AVMs like Zillow’s Zestimate use public records, recent sales, and proprietary algorithms to generate an estimate. While they can give a general idea of a home’s value, they often miss…

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If you're thinking about selling your home in the Sacramento region, timing is everything! New data from local appraiser Ryan Lundquist (@SacAppraiser) reveals that most home listings hit the market on Thursdays and Fridays—but if you want to maximize your exposure to buyers, Wednesday or Thursday might be your best bet.

Why List on Wednesday or Thursday?

  • Early Exposure Before the Weekend: Most buyers tour homes on the weekends, and by listing midweek, you ensure your property is on their radar before they finalize plans.

  • Out-of-Town Buyers: Many buyers traveling from the Bay Area or out of town plan trips in advance—listing earlier gives them time to add your home to their weekend itinerary.

  • More Showings, More Offers: A…

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The latest Placer County housing market data is in, and while closed sales are down, there’s an interesting shift happening that could signal more activity ahead.

 

Inventory is Up – The number of homes for sale increased 49% year-over-year and 10.4% from last month, giving buyers more choices.

Closed Sales Are Down – Home sales dropped 5.5% from last year and 33.2% from last month, reflecting a seasonal slowdown in new contracts in December.

Pending Sales Are Way Up – Despite fewer closed sales, pending sales jumped significantly at the end of January, showing that more homes are going under contract and the 2025 has started off strong.

Pricing Trends – The median sold price increased by 2% from last month, but the average sold price…

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While many parts of California have seen population declines in recent years, Placer County continues to grow. More people are choosing to relocate here, fueling demand for housing and strengthening our local real estate market. But where are they coming from, and what does this mean for buyers and sellers? Let’s take a closer look.

Placer County’s Population Growth (2020-2024)

Between 2020 and 2024, Placer County’s population grew by approximately 8,100 residents, which equates to an annual growth rate of 0.5%. This growth was largely concentrated in the county’s incorporated cities—Roseville, Rocklin, and Lincoln—which collectively grew by 10,052 residents (0.9% annual growth). Meanwhile, unincorporated areas saw a slight decline of about 1,947…

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Election Day is here, and it’s natural to wonder how the results might affect the real estate market. Whether you’re considering buying, selling, or just curious, the question often arises: does an election really impact home prices?

Historically, the answer has shown a consistent trend. My friend Ryan Lundquist over at the Sacramento Appraisal Blog has shared a fantastic visual that illustrates what’s been happening in the Sacramento market since 1975. The green sections indicate election periods, with white periods showing what followed. The trend is clear—whatever the market was doing before the election usually continued afterward. If prices were rising before an election, they generally kept rising; if prices were dipping, that trend tended to…

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 Welcome to our monthly Placer County real estate update! In this post, we'll delve into the latest statistics and market trends for May. Whether you're a buyer, seller, or real estate enthusiast, this update will provide valuable insights into the current state of the market.

Key Highlights:

  • 42% Increase in Listings: May saw a significant uptick in the number of homes for sale compared to the previous year.
  • Faster Sales: Homes are selling at a quicker pace, with an average of 28 days on the market.
  • Stable Prices: Despite the increase in listings, the average price per square foot has remained steady at $341.
  • Inventory Levels: Currently standing at 1.7 months, the inventory favors sellers but is showing signs of softening for buyers.
…

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Are you keeping tabs on the pulse of the Placer County real estate market? If you're a buyer, seller, or simply an enthusiast of housing trends, buckle up for a concise yet comprehensive update on what's been happening in our local market.

January brought forth some intriguing shifts in the landscape. Let's dive into the numbers:

  1. New Listings: We witnessed a modest increase of 2.2% in new listings compared to the previous year. While this might seem like a positive sign, it's essential to note that we're still contending with a significant 23% shortage compared to last year's inventory levels.

  2. Sales Activity: On the brighter side, both pending and closed sales showed promising growth. Pending sales surged by 4.4%, indicating a healthy…

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What a year!

We saw rates climb consistently throughout the year to as high as 8%, only to fall back to the 6% range by the end of the year. Thank goodness.

We also saw the supply of homes remain very tight in the 1 to 2-month range, even as the rates climbed. As of this afternoon, we have 546 homes for sale in Placer County and 337 in contract. That is only 1.6 months of inventory!

Many homeowners were simply uninterested in leaving their existing low rates throughout the year. The good news is that with rates falling recently, we may see more homeowners willing to make a move after holding off the past year.

The biggest surprise of all for many of the experts was the increase in home prices, due to the lack of supply. The median home price…

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I tend to report the medians and averages for the market as a whole because they give us the best indicator of what is happening in general.

With that in mind, it is important to realize that there are cases that occur on the extremes and all along a spectrum.

While our average home price in Placer County in June 2023 was $786,000 and the median was $680,000, there are examples on the extreme that are far above and below that.

On the top end of the market, a home in Loomis sold this June for $4,000,000,

At the bottom end of the market, a condo in Auburn sold for $205,000.

On average, homes sold for their asking price during June, but there are extremes on either side of that too.

A home in Roseville received 35 offers and was bid up 39%…

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