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 August 2022

  • The number of new listings added to the market in Placer County this August was down 10.9% compared to August of last year. The total number of homes for sale at the end of the month was up 99% compared to last year.
  • The number of homes pending sale was down 12% compared to last year.
  • The number of homes that closed in August was down 29.6% compared to last year.

Average Price Per Square Foot

  • The average price per sqft was down 1.1% compared to August, and up 4.2% compared to last year.
  • The average price per sqft is down 7.7% 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 55 days, the median is 44 days.
  • The average number of days on market for homes that sold in August rose to 30 days from 23 in July.
    • 22% of the homes sold within the first 7 days of being listed.
      • These homes sold for their asking price on average and as much as 15% over asking.
    • 37% 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 6.5% over asking.
    • 40% sold after being listed 31 days or longer.
      • These homes sold for 2% less than their asking price on average, but in one case sold for as much as 5% over.
  • 90% of homes sold for at least 95% of their asking price. Only 8 of the 454 homes sold were sold for less than 90% of their asking price.
  • The average % of the asking price received was 99% for July. 
  • 73% of the home sold, sold for at or below their asking price at the time of the offer.
  • 82% of the homes sold, sold for at or below their original asking price.
  • 17% of homes sold for above their original asking price.

Multiple Offers

  • 65% of the homes were sold with 1 offer or an undisclosed number of offers.
    • The homes with 1 offer or an undisclosed number of offers sold for 1.7% below their asking price on average in an average of 32 days.
  • 35% of the homes sold with multiple offers. 
    • 22% had 2 offers.
      • Those homes sold for 1% below their asking price on average with as much as 5.7% over their asking price.
      • Those homes sold in an average of 27 days.
    • 12% had 3 to 5 offers.
      • Those homes sold for their asking price on average with as much as 15.6% over asking.
      • Those homes sold in an average of 27 days. 
    • There were 4 homes that had 6+ offers.
      • Those homes sold for an average of 8% over asking with as much as 9.5% over asking.
      • Those homes sold in an average of 5 days.
  • The highest disclosed number of offers received was 12 for a 1,275 square-foot home in Roseville, which sold for $437,000, after being listed for $399,000. 

Average Sale and Asking Price

  • The average sales price fell 2.3% compared to July and is up 6.1% compared to July of last year.
  • The average sales price has fallen 9.6% since its peak in May of this year.

Median Sale and Asking Price

  • The median sale price fell 8.5% compared to July and was up 1.6% compared to August of last year. 
  • The median sale price has fallen 11.6% since its peak in May of this year.

Housing Inventory Level

  • Inventory levels fell to 2.3 months based on closings and 1.9 months based on pending sales, due to a decline in the number of homes for sale and an increase in sales in August. 

Highest Priced Home Sale

  • The most expensive home sold in August was a 10,273 square-foot home on 10 Acres on Auburn Folsom Road in Loomis, which sold for its asking price of $5,250,000.
  • The 2nd most expensive home sold in August was a 5,954 square-foot home on 4.8 acres in Sierra De Montserrat in Loomis, which sold for $3,200,000 after being listed for $3,249,000.
  • The 3rd most expensive home sold in August was a 6,409 square-foot home on Vista De Madera in Catta Verdera in Lincoln, which sold for $2,850,000 after being listed for $2,695,000. 

Most Expensive Homes Sold in Placer County in July 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.