OwnPlacer Blog - Granite Bay real estate

5 Years of Change: How Placer County Real Estate Has Evolved Since COVID

It’s hard to believe, but it has now been five years since the COVID lockdowns began in California. During that time, we’ve seen massive changes in the real estate market, driven by migration trends, shifting home preferences, and fluctuating interest rates.

From the market freeze of early 2020 to the record-breaking price surge of 2021, followed by the correction and stabilization we see today, let’s take a closer look at how Placer County real estate has evolved over the last five years.

Spring 2020: The Market Freeze

When California entered lockdown in March 2020, the real estate market came to a standstill. Open houses were banned, showings were limited, and buyers and sellers hit pause due to uncertainty.

But then, mortgage rates …

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Maximize Your Home’s Value in Placer County with a Deep Clean Before Selling

If you’re thinking about selling your home in Placer County, one of the most effective ways to maximize its value isn’t a costly renovation—it’s a deep clean! Buyers in Rocklin, Roseville, Granite Bay, Loomis, Auburn, and Lincoln want homes that look and feel well-maintained, and nothing makes a stronger first impression than a spotless home.

Why Deep Cleaning Matters

•  First Impressions Sell Homes
  A home that looks fresh and clean instantly appeals to buyers. It gives the impression that the property has been well cared for and eliminates distractions that might make buyers hesitant to make an offer.
• Buyers Assume the Worst
  If a home isn’t clean, buyers often wonder what bigger issues may be lurking—leading to lower offers or hesitation to move…

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February 2025 Placer County Real Estate Market Update: More Homes, Strong Buyer Demand

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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Can You Trust Zillow’s Home Value Estimates in Placer County?

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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January 2025 Placer County Housing Market Update – Big Shift Incoming?

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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Placer County is Growing While California Shrinks – Here’s What That Means for Real Estate

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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