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 December 2022

  • The number of new listings added to the market in Placer County this December was down 25.6% compared to December of last year. The total number of homes for sale at the end of the month was up 102.8% compared to last year.
  • The number of homes pending sale was down 30.8% compared to last year.
  • The number of homes that closed in December was down 44% compared to last year.

Average Price Per Square Foot

  • The average price per sqft of $321/sqft was the same in December and January but was down 3.6% compared to the average of $333/sqft last December.
  • The average price per sqft is down 13.9% from the peak in April of this year.

Days on Market and Sale Price to List Price %

  • The average number of days on market for active unsold listings is 86 days, the median is 69 days.
  • The average number of days on market for homes that sold in December was 53 days, compared to 24 days in December of last year.
    • 11% of the homes sold within the first 7 days of being listed.
      • These homes sold 0.7% below their asking price on average and as much as 10.5% over asking.
    • 31% of the homes sold within 8 and 30 days of being listed.
      • These homes sold for 1.6% below their asking price on average with as much as 22% over asking.
    • 58% sold after being listed 31 days or longer.
      • These homes sold for 2.6% less than their asking price on average.
  • 83.3% of homes sold for at least 95% of their asking price. Only 13 of the 318 homes sold were sold for less than 90% of their asking price.
  • The average % of the asking price received was 98% for December. 
  • 82% of the home sold, sold for at or below their asking price at the time of the offer.
  • 90% of the homes sold, sold for at or below their original asking price.
  • 10% of homes sold above their original asking price.

Multiple Offers

  • 68.% of the homes sold with 1 offer or an undisclosed number of offers.
    • These homes sold for 2.4% below their asking price on average.
  • 32% of the homes sold with multiple offers. 
    • 20% had 2 offers.
      • Those homes sold for 2% below their asking price on average with as much as 6% over their asking price.
      • Those homes sold in an average of 51 days.
    • 11% had 3 to 5 offers.
      • Those homes sold for 1% below their asking price on average with as much as 5.7% over asking.
      • Those homes sold in an average of 42 days. 
    • There were 4 homes that had 6+ offers.

Average Sale and Asking Price

  • The average sales price was up slightly in December compared to November but was down 3.6% compared to December of last year.
  • The average sales price has fallen 17% since its peak in May of this year.

Median Sale and Asking Price

  • The median sale price was the same in December as in November but was 5.5% lower than in December of last year. 
  • The median sale price has fallen 16% since its peak in May of this year.

Housing Inventory Level

  • Inventory levels remained at similar levels as they have been since June at 2.9 months, which is 2.9 times higher than the single month of inventory we had last December. 

Highest Priced Home Sale

  • The most expensive home sold in December was a 7,215 square-foot home on 5.2 acres on Barton Road in Loomis, which sold for $4,747,000 after being listed for $5,099,000.
  • The 2nd most expensive home sold in December was a 4,420 square-foot home on Camino Cielo in Catta Verdera in Lincoln, which sold for $2,400,000 after being listed for $2,499,000.
  • The 3rd most expensive home sold in December was a 3,837 square-foot new construction home on Skyline Drive in Rocklin, which sold for $2,150,000 after being listed for $2,600,000. 

Most Expensive Homes Sold in Placer County in December 2022

To view all the recent sales in Placer County visit Recent Placer County Home Sales.

For a breakdown of the statistics for specific communities, please visit the links below.