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Placer County Sales & Listing Statistics
(Information obtained from Sacramento Regional Multiple Listing Service 06/05/05)
1) Unsold Listing Inventory Levels for 2001-2005: (Residential, Placer County Zones 12201-12765), does not include El Dorado and Sacramento).
|
2001 |
2002 |
2003 |
2004 |
2005 |
| January |
724 Units |
1,082 Units |
1,017 Units |
800 Units |
891 Units |
| February |
788 Units |
1,052 Units |
1,103 Units |
721 Units |
899 Units |
| March |
989 Units |
1,093 Units |
1,132 Units |
724 Units |
974 Units |
| April |
1,203 Units |
1,120 Units |
1,153 Units |
752 Units |
1,160 Units |
| May |
N/A |
944 Units |
1,101 Units |
835 Units |
1,342 Units |
| June |
1,362 Units |
957 Units |
1,041 Units |
959 Units |
|
| July |
1,410 Units |
985 Units |
1,137 Units |
958 Units |
|
| August |
1,441 Units |
1,079 Units |
1,099 Units |
1,011 Units |
|
| September |
1,431 Units |
1,146 Units |
1,101 Units |
1,086 Units |
|
| October |
N/A |
1,137 Units |
1,009 Units |
1,008 Units |
|
| November |
N/A |
1,035 Units |
865 Units |
884 Units |
|
| December |
1,069 Units |
943 Units |
781 Units |
818 Units |
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2) Monthly Sales Activity for 2001-2005: (Residential, all Placer County Zones (12201-12765), does not include El Dorado and Sacramento).
|
2001 |
2002 |
2003 |
2004 |
2005 |
| January |
310 Units |
300 Units |
354 Units |
240 Units |
324 Units |
| February |
293 Units |
280 Units |
417 Units |
260 Units |
318 Units |
| March |
347 Units |
349 Units |
423 Units |
485 Units |
534 Units |
| April |
368 Units |
360 Units |
411 Units |
539 Units |
525 Units |
| May |
N/A |
501 Units |
422 Units |
500 Units |
537 Units |
| June |
321 Units |
423 Units |
442 Units |
593 Units |
|
| July |
322 Units |
470 Units |
502 Units |
538 Units |
|
| August |
281 Units |
429 Units |
491 Units |
571 Units |
|
| September |
203 Units |
382 Units |
495 Units |
525 Units |
|
| October |
305 Units |
402 Units |
400 Units |
475 Units |
|
| November |
289 Units |
338 Units |
338 Units |
434 Units |
|
| December |
173 Units |
228 Units |
409 Units |
454 Units |
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3) *Price Range Breakdown of March Sales (Listed Above) and Active Listings as of May 31, 2005. Prices reflect asking prices and not necessarily selling prices.
| Price |
Sales |
Listings |
| $249,999 & Below |
18 Units |
27 Units |
| $250,000-$399,999 |
149 Units |
149 Units |
| $400,000-$599,999 |
256 Units |
571 Units |
| $600,000-$799,999 |
78 Units |
299 Units |
| $800,000-$999,999 |
16 Units |
114 Units |
| $1,000,000-1,299,999 |
10 Units |
74 Units |
| $1,300,000 & Above |
10 Units |
108 Units |
Commentary
By Ryan Nordby - www.NordbyTeam.com
As the above statistics show, the housing market in Placer County is still strong, but inventory is starting to pick up. In May 2005, 537 housing units sold -- which is about 40% of May's listing inventory of 1,342 homes.
The under $399,000 price range had 167 sales for the 176 total listings, indicating that price range has approximately 33 days of inventory.
The $400,000-$599,999 price range had 256 sales for the 571 total listings, indicating that price range has approximately 65 days of inventory.
The $600,000-$799,999 price range had 78 sales for the 299 total listings, indicating that price range has approximately 3.8 months of inventory.
The $800,000-$999,999 price range had 16 sales for the 114 total listings, indicating that price range has approximately 7.1 months of inventory.
The over $1,000,000 price range had 20 sales for the 182 total listings, indicating that price range has approximately 9.1 months of inventory.
Inventory did pick up in the month of May. This should start to slow down the price appreciation if the high inventory remains or increases. Stay tuned for next months report.
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