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 May 2022

  • The number of new listings added to the market in Placer County this May was up 6.7% compared to May of last year. The total number of homes for sale at the end of the month was up 103% compared to last year.
  • The number of homes pending sale was down 13% compared to last year.
  • The number of homes that closed in May was down almost 16% compared to last year.

Average Price Per Square Foot

  • The average price per sqft was down 2.1% compared to April, and up 15.9% compared to last May of last year.

Days on Market and Sale Price to List Price %

  • The average number of days on market fell to 13 days.
    • 55% of the homes sold within the first 7 days of being listed.
      • These homes sold for an average of 4.9% over asking with as much as 37% over asking.
    • 34% of the homes sold within 8 and 30 days of being listed.
      • These homes sold for their asking price on average with as much as 11% over asking.
    • 11% sold after being listed 31 days or longer.
      • These homes sold for 2.2% less than their asking price on average, but in one case sold for as much as 3% over.
  • The average % of the asking price received was 101% for May. 

Multiple Offers

  • 42% 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 their asking price on average in an average of 18 days.
  • 58% of the homes sold with multiple offers. 
    • 22% had 2 offers.
      • Those homes sold for 1.9% over their asking price on average with as much as 17% over their asking price.
      • Those homes sold in an average of 25 days.
    • 27% had 3 to 5 offers.
      • Those homes sold for an average of 4% over asking with as much as 18% over asking.
      • Those homes sold in an average of 11 days.
    • 9% had 6+ offers.
      • Those homes sold for an average of 10% over asking with as much as 37% over asking.
      • Those homes sold in an average of 7 days.
  • The highest disclosed number of offers received was 37 for a home on Joe Rodgers Road, which sold for $1,850,000, after being listed for $1,350,000. You can view the details for that property Here.

Average Sale and Asking Price

  • The average sales price rose 3.7% compared to April and 11.7% compared to May of last year.

Median Sale and Asking Price

  • The median sale price also rose 2.8% compared to April and was up 11% compared to May of last year. 

Housing Inventory Level

  • Inventory levels rose to 1.2 months, which is the highest the inventory level has been since June 2020. 

Highest Priced Home Sale

  • The most expensive home sold in May was a 6,936 square-foot home on 4.9 Acres on Cavitt Ranch Place in Granite Bay, which sold for $4,700,000 after being listed for $4,600,000.
  • The 2nd most expensive home sold in May was a 9,296 square-foot home on 5 acres on Oak Pine Lane in Granite Bay, which sold for $3,600,000 after being listed for $3,498,000.
  • The 3rd most expensive home sold in May was a 7,007 square-foot home on 13 acres on Oak Pine Lane in Granite Bay, which sold for its asking price of $3,500,000. 

Most Expensive Homes Sold in Placer County in May 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.