Placer County Real Estate Statistics

The following charts are updated monthly using data from Metrolist MLS. To view the details and photos for recent home sales in Placer County, visit Placer County recent home sales.

Number of New, For Sale, Pending, and Sold Listings in June 2023

The number of new listings added to the market in Placer County this June was down 29.4% compared to June of last year. The total number of homes for sale at the end of the month was down 39.5% compared to last year.
The number of homes pending sale was up 0.9% compared to last year.
The number of homes that closed in June was down 16.4% compared to last year.

Average Price Per Square Foot

The average price per sqft was $342/sqft in June, which was 0.3% higher than in May, but 8.3% lower than the average of $373/sqft last April, which was the peak of the market.

Days on Market and Sale Price to List Price %

The average number of days on market for active unsold listings is 59 days, the median is 30 days.
The average number of days on market for homes that sold in June was 30 days, compared to 17 days in June of last year.
- 43% of the homes sold within the first 7 days of being listed.
  - These homes sold for 2.2% over their asking price on average and as much as 39% over asking.
- 30% of the homes sold within 8 and 30 days of being listed.
  - These homes sold for 0.7% below their asking price on average with as much as 10% over asking.
- 27% sold after being listed 31 days or longer.
  - These homes sold for 2.1% less than their asking price on average.
93% of homes sold for at least 95% of their asking price. Only 9 of the 493 homes sold were sold for less than 90% of their asking price.
The average % of the asking price received was 100% for June.
42% of the homes sold, sold for above their asking price at the time of the offer.
38% of the homes sold, sold above their original asking price.

Seller Credits Towards the Buyers Closing Costs

31% of the sales in June included some type of credit from the seller towards the buyers' closing costs.

Multiple Offers

47% of the homes sold with 1 offer or an undisclosed number of offers.
- Those homes sold for 1% below their asking price on average.
- Those homes sold in an average of 43 days.
53% of the homes sold with multiple offers.
- 26% had 2 offers.
  - Those homes sold for their asking price on average with as much as 11% over their asking price.
  - Those homes sold in an average of 23 days.
- 20% had 3 to 5 offers.
  - Those homes sold for 1.5% above their asking price on average with as much as 10.5% over asking.
  - Those homes sold in an average of 18 days.
- 7% had 6 offers or more.
  - Those homes sold for 6.5% over their asking price on average with as much as 39% over asking.
  - Those homes sold in an average of 10 days.
The home that received the most offers in June was a 1.000 sqft home on Birch Street in Roseville that was listed for $269,000, received 35 offers, and sold for $375,000, or about 39% over asking. Here are the details for that property.

Average Sale and Asking Price

The average sales price was up 0.3% in June compared to May.
The average sales price has fallen 7.6% since its peak in May of 2022.

Median Sale and Asking Price

The median sale price was down 0.4% in June compared to May.
The median sale price has fallen 7.9% since its peak in May of 2022.

Housing Inventory Level

Inventory levels rose to 1.4 months in June compared to 1.2 in May and April.

Highest Priced Home Sales

The most expensive home sold in June was a 5.303 square-foot home on Hickey Lane in Loomis which sold for $4,000,000 after being listed for $4,300,000.
The 2nd most expensive home sold in June was a 7,700 square-foot home on Horseshoe Bar Road, also in Loomis, which sold fo its asking price of $3,499,000.
The 3rd most expensive home sold in June was a 6,065 square-foot home on Laird Road in Loomis as well, which sold for $2,867,790.