Market Stats

Placer County’s Real Estate Overview: A Year in Review The real estate landscape in Placer County has experienced significant shifts from December 2023 to December 2024. With changes in listings, sales, and prices, understanding these trends is crucial for anyone involved in the local real estate market.

Key Statistics:

• New Listings: Decreased by 12.4%, indicating a less competitive market.
• Active Listings: Saw a raise of 12.7%, suggesting more options for buyers.
• Pending Homes: Increased by 5.7%, showing consistent market activity.
• Sold Homes: Increased by 8.2%, reflecting broad market adjustments.
• Median Sales Price: Increased by 1% to $631,000, highlighting the area’s enduring value.

Detailed Area Breakdown

Roseville

• New Listings: Decreased by 14.3%.
• Active Listings: Decreased by 2.5%, indicating low demand.
• Pending Homes: Decreased slightly by 4.8%.
• Sold Homes: Increased by 14.9%, aligning with broad market trends.
• Median Sales Price: Slightly increased by 0.8% to $625,000, a positive sign for sellers.

Rocklin

• New Listings: Decreased by 33.3%.
• Active Listings: Increased 5.5%.
• Pending Homes: Significantly decreased by 2.8%
• Sold Homes: No movement this year.
• Median Sales Price: Increased slightly by 8% to $680,500.

Granite Bay

• New Listings: Increased significantly by 183.3%.
• Active Listings: Raised significantly by 49%.
• Pending Homes: Substantially increased by 70%.
• Sold Homes: Increased significantly by 75%.
• Median Sales Price: Increased by 34.6% to 1,662,500.

Lincoln

• New Listings: Decreased by 3.8%.
• Active Listings: Increased by 22.1%.
• Pending Homes: Recede by 12.3%, showing not so active buyer interest.
• Sold Homes: Increased by 4.6%.
• Median Sales Price: Slightly up by 2.2% to $628,240.

Conclusion and Implications
The varied trends across Placer County and its areas reflect a dynamic real estate market. While some areas show increased median sales prices, others have seen significant changes in listings and sales. These trends offer both challenges and opportunities for buyers and sellers.

For personalized advice and guidance through the complexities of the local market, the Patrick Woods Group stands ready to assist. Our expertise and deep understanding of these trends can help you make informed decisions, whether you’re buying or selling in Placer County.