Rocklin Housing Market Data for October 2022
Median Housing Market Data
Rocklin home prices are up 👆 4%. This is comparing October home sales this year to October last year. However, Home prices are down 👇 this year (highlighted in blue below).
The housing market has been trending downward for the last several months. Looking at the DOM below (highlighted in green and pink), both the active and sold homes are trending up. A sign of a slowing housing market.
The number of homes sold has declined drastically from last year (red numbers). Homes are still selling for the list price, as the numbers show. Remember, some sold for above, and some sold for below.
In the hot housing market, you could list your home, and it would sell. You just needed the MLS, which is where everyone searches for homes. Now, you will need a strong 💪 marketing plan to sell your home for the most money.
The one driving force that drove home prices up was the multiple offers. Those are down considerably. Last year about 65% of the homes that sold had more than one offer. Today that number is about 40%.
It would also be best to do all the little things to help sell your home. The do's and don’ts are more important today, especially if you want it sold quickly and for the most money.
If you are considering selling, I have made an import do and don’t list for you. This is very helpful when selling a home and can make a difference.
July-22 | ||||
| # Listings | List Price | Sale Price | DOM |
Active | 140 | $727,000 | $0 | 25 |
Pending | 51 | $774,000 | $0 | 18 |
Sold | 53 | $749,500 | $750,000 | 12 |
Sold 2021 | 113 | $638,800 | $650,000 | 6 |
August-22 | ||||
| # Listings | List Price | Sale Price | DOM |
Active | 136 | $749,950 | $0 | 28 |
Pending | 52 | $682,000 | $0 | 28 |
Sold | 57 | $699,000 | $699,000 | 21 |
Sold 2021 | 104 | $649,975 | $662,500 | 7 |
September-22 | ||||
| # Listings | List Price | Sale Price | DOM |
Active | 139 | $749,900 | $0 | 37 |
Pending | 57 | $674,900 | $0 | 19 |
Sold | 45 | $659,900 | $675,000 | 24 |
Sold 2021 | 92 | $635,000 | $650,000 | 8 |