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 2024

The number of new listings added to the market in Placer County this June was up 2.4% compared to June of last year.
The total number of homes for sale at the end of the month was up 35.5% compared to last year.
The number of homes pending sale was up 4.5% compared to last year.
The number of homes sold in June was down 8.8% compared to last year.

Average Price Per Square Foot

The average price per sqft was $349/sqft in June, which was 2.3% higher than last June and 2.6% higher than the month before.
That price per square foot is 6.4% lower than the average of $373/sqft in April 2022, which was the most recent 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 58 days, the median is 40 days.
The average number of days on market for homes that sold in June was 30 days, which is the same as June of last year.
93.7% of homes sold for at least 95% of their asking price. Only 6 of the 466 homes sold were sold for less than 90% of their asking price.
The average % of the asking price received was 99% for June.
61% of the homes sold, sold for at or above their asking price at the time of the offer.
36% of the homes sold, sold above their original asking price.

Seller Credits Towards the Buyers Closing Costs

35% of the sales in June included some type of credit of $1000 or more from the seller towards the buyers' closing costs.

Multiple Offers

54.7% of the homes sold with 1 offer or an undisclosed number of offers.
45.3% of the homes sold with multiple offers.
- 22.7% had 2 offers.
- 19.5% had 3-5 offers
- 3% had 6 offers or more

Average Sale and Asking Price

The average sales price was up 1.7% in June compared to June of last year, and was up 4.6% compared to the month before.
The average sales price of $760,000 has fallen 1.8% since its peak of $807,000 in May of 2022.

Median Sale and Asking Price

The median sale price was up 2.5% in June compared to June of last year. And was up 1.5% compared to last month.
The median sale price of $685,000 has fallen 7.2% since its peak of $738,000 in May of 2022.

Housing Inventory Level

The inventory level of 2 months in June was 33% higher than the 1.5 months of inventory in June of last year and 25% higher than the 1.6 months during May.

Highest Priced Home Sales

The most expensive home sold in June was a 6,623 square-foot home on Oakbrooke Court in Granite Bay, which sold for $3,600,000 after being listed for $3,990,000.
The 2nd most expensive home sold in June was a 4,160 square-foot home on Shady Canyon Court in Sierra De Montserrat in Loomis, which sold for $3,250,000 after being listed for $3,600,000.
The 3rd most expensive home sold in June was a 5,212 sqft home on Prado Vista in Catta Verdera in Lincoln, which sold for $2,750,000 after being listed for $2,499,000.