Found 10 blog entries tagged as housing market update.

As we move through the second half of summer, the Placer County housing market continues to show remarkable resilience.

While July brought the typical seasonal slowdown from June, buyer demand remained strong enough to keep inventory below where it was a year ago. Home prices continued to appreciate, well-priced listings attracted strong interest, and Placer County remained firmly in a seller's market.

Whether you're buying or selling in Rocklin, Roseville, Loomis, Lincoln, Granite Bay, Auburn, Newcastle, Penryn, Meadow Vista, or elsewhere in Placer County, understanding the latest market trends can help you make better real estate decisions.

If you've been following my monthly market updates, you may also want to read my June 2026 Placer County…

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As we move into the second half of the year, the Placer County housing market continues to show remarkable resilience.

While more homes came on the market in June, buyer demand remained strong enough to keep inventory well below where it was a year ago. Homes are continuing to sell at a healthy pace, well-priced listings are attracting attention, and we're still firmly in a seller's market.

Let's take a look at what happened in June.

Inventory & Sales Activity

Inventory continued its normal seasonal climb, but demand remained strong.

June Highlights

  • Homes for sale increased 9.7% compared to May.
  • Inventory remains 8.5% lower than June 2025.
  • 485 homes sold, virtually unchanged from May.
  • Closed sales were 20.6% higher

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May provided another strong indication that the Placer County housing market continues to favor sellers.

While inventory increased compared to April, buyer demand increased even faster. The result? Homes are selling, pending sales are surging, and well-priced listings continue to attract significant attention.

Let's take a closer look at what happened in May and what it means for buyers and sellers moving into summer.

Inventory & Sales Activity

As expected, more homes came on the market during the late spring selling season.

May Highlights

  • Homes for sale were down 11% year-over-year, but up 8.3% from April
  • 478 homes sold, up 3.9% from last year and 9.9% from April
  • 537 homes went pending, up 10.3% from last month and

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April gave us a clearer look at how the spring market is unfolding here in Placer County.

And while a lot of what we’re seeing is typical for this time of year, there are a few important details worth paying attention to—especially if you’re thinking about buying or selling in the coming months.

Inventory & Sales Activity

We’re seeing the classic spring pattern start to take shape—more homes coming to market, with buyers still actively engaging.

  • Homes for sale are down 3.2% year-over-year, but up 13.2% from March
  • 417 homes sold in April, essentially flat year-over-year and slightly down month-over-month
  • 499 homes went pending, up 1.6% from last month and 5.1% from last year

What this means

New listings are picking up,…

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The spring market is starting to show up in the numbers.

March gave us a much clearer picture of where things are heading—and while some of it is expected this time of year, there are a few important shifts worth paying attention to.

Inventory & Sales Activity

Inventory is still relatively tight, but it’s starting to build.

  • Inventory was down 1.9% year over year, but up 15.6% from February
  • 408 homes sold in March, up 32.5% month-over-month
  • 501 homes went pending, up 35% from last month and 13.9% from last year

What this means

Buyers are active, and more homes are coming to market—but demand is still keeping pace.

This is one of the reasons the market continues to feel competitive in certain segments.

Pricing…

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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:

  • A home in Springfield at Whitney Oaks (Rocklin) – 2 offers

  • A home in Roseville near Oakmont High School – 6 offers

  • 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:

  • Another client was interested in a home near Rocklin High—it received multiple offers before they were ready

  • Another was interested in a home in Orangevale with a great pool…

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Yesterday, the Federal Reserve held short-term interest rates steady—which is what most people expected.

But at the same time…

Mortgage rates have risen roughly 0.4% since the conflict with Iran began.

So what’s going on?

If the Fed didn’t raise rates, why did mortgage rates move higher?

The answer comes down to a chain reaction that’s worth understanding—especially if you’re buying or selling real estate in Placer County and the surrounding areas.

 

It Starts With Oil

When global conflicts involve or impact major oil-producing regions, markets immediately react to the risk of supply disruption.

Even the possibility of disruption can push oil prices higher.

And when oil prices rise, it doesn’t just affect gas at the pump.

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For the first time since Fall of 2022, mortgage rates have dipped below 6%.

On paper, that may not sound dramatic. But in real estate, psychology often matters just as much as math.

Let’s break down what this means — especially here in Placer County.

The Psychological Impact of “5%”

Here’s something interesting.

The difference in monthly payment between 6.1% and 5.98% on a $700,000 loan is relatively small. It’s not life-changing.

But psychologically?

It’s very different.

We haven’t seen a “5” in front of mortgage rates in years. Many buyers have mentally anchored their decision to move forward on that threshold. For some, crossing below 6% isn’t about the payment — it’s about momentum.

That shift in perception alone can…

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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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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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