Market Trends – Granite Bay, CA 95746 – August, 2012

August 2012 - Granite Bay, CA - Market Profile  & Trend Oveview
The Median Sales Price in August for Granite Bay was $548,000 which was up by 3.9% since August of 2011. The Median Sales Price is up 7.7% from $509,000 from July of 2012.

The average Sales Price in Granite Bay was $630,585 which is down -3.7% from $654,621 in August of 2011. Th Average Sales Price in Granite Bay is up 4.8% from $601,917 from July of 2012.

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Total Properties available in Granite Bay in August was 123 down from 150 listings in August of 2011.

Days on the Market for August, 2012 was 55.6% up from 84 days in August of 2011.

Selling Price per Square Foot was $187 up from $180 per Square Foot in August of 2011.

market-action-report-august-2012-granite-bay-3

43 new Listings in August of 2012 up from 37 listings in August of 2011.

If you would like to know your specific market trends, please give us a call.

Your Agent,
Pam McCoy
916.865.8759

Granite Bay – Days on the Market Trend – July, 2012



Homes are selling faster then a year ago. The cumulative days on the market (CDOM) average in Granite Bay is 56 days down from 86 days.

When selling your home, it is important to have it priced right and staged ready to sell. Have you put away the family pictures, your collection of Avon cars and Grandma Betty’s tea cup collection? For tips and advice to sell your home, contact a professional real estate agent who also has an eye for staging and understands the local market.

Picking the right agent is part of the process to get your home sold.

We at Coldwell Banker look forward to answering any of your real estate questions.

Your Agent,

Pam McCoy
916.865.8759
Ladon Mellen
916.765.1787
Dennis May
916.212.5624

Dre#00962839,#01255837,#00709473

What is Happening with the Housing Market in Granite Bay?

Is it a sellers market in Granite Bay?
Are the home prices going up or down?
How much inventory do we have?
Is this a good time to buy?


Check out the graphs below to help you answer these questions.

Home at 8903 Weatherby Court in Granite Bay close to Folsom Lake

This home is currently on the market for $505,000 MLS # 12049428
8903 Weatherby Court, Granite Bay, Ca 95746



How is the housing inventory in Granite Bay?




Granite Bay Trends from May, 2011 to July 2012

May, 2011 July, 2012
Average Active Price $904,000 $962,000
Average Sold Price $636,000 $598,000
Average Square Foot Price $182,000 $188,000
Days on Market 70 52
Sold 21 34











Yes, the housing market is changing. Interest rates are still very low. Prices are inching up. Inventory is low.
What do you think? Is this the time to buy?

For all your real estate needs, give Pam McCoy a call 916.865.8759
Coldwell Banker Real Estate
2270 Douglas Boulevard
Granite Bay – Roseville, Ca 95661

*All reports are published Aug. 2012, based on data available at the end of Jul. 2012.
All reports presented are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Minutes from Folsom Lake is 8903 Weatherby Court

Home at 8903 Weatherby Court in Granite Bay close to Folsom Lake


Minutes to Folsom Lake you’ll find this lovely home, a perfect place for those with an active lifestyle with room to park your boat and RV. Access through the backyard to a walking trail leading to Folsom Lake.

Do you like to entertain? Downstairs of this home calls for a party! Plenty of open space for your guests to mingle. A spacious kitchen complete with granite counters offers plenty of natural light through the large window over the sink.

A door leads to the bar where you can fix your company drinks or better yet, hire a bartender.

A wing with 2 bedrooms, a bathroom and access to the outside, would be perfect for mother-in-law quarters, teenagers or college kids, or a place for overnight guests.

Upstairs you will find plenty of space including your own private balcony, fireplace, and large master bathroom. Don’t forget to check out the office tucked away in the Master.

You will want to see this home soon! Oh, by the way, it has newer carpet and composition roof, too!

Call Pam McCoy, Realtor®
916.865.8759
Coldwell Banker
2270 Douglas Boulevard
Roseville, Ca 95661

Keep Your Home California

If you are struggling to make your mortgage payments and keep your home, Keep Your Home California may be able to help. This is a state run program.

This program may help those who are having an economic hardship like lost of job.

There are several eligibility requirements to participate in Keep your Home California’s program.

If you have questions about financing, selling or purchasing a home, we are here to help you.

Call us today.
916.865.88759

Sacramento Area’s Housing Market Continues to Bounce Back

Coldwell Banker yard signAs the Sacramento area’s housing market continues to bounce back from the recession, more and more buyers have decided they can’t wait any longer – now is the time to get back into the market to find their next home.

While the real estate market still has its challenges, things are very different today than they were in 2009, 2010 and even early last year. Buyers are generally more optimistic about the future, ready to purchase, much better qualified for a loan and, in many cases, are paying big down payments or even all cash for their next home.

Indeed, the scales of supply and demand are once again moving back in the direction of home sellers after being out of balance for several years. While countless buyers are out there pounding the pavement for a home, the problem now is that there just aren’t enough sellers to meet the demand in many communities.

As the economy continues to improve and with a shortage of attractive properties in good neighborhoods, buyers are once again paying good prices for properties rather than simply looking for distressed homes at bargain basement prices. And in some cases, properties are even getting multiple offers, driving up the sale price above the asking price.

So if you’ve been thinking about selling your home, now may be an ideal time to do so while buyers are eager, interest rates are still low and there isn’t as much competition from other sellers as there usually is this time of year.

Should you be interested in buying or selling a home or would just like to know what your home is worth in today’s market, please give me a call. I can help! 916.865.8759

Your Folsom-Granite Bay agent,

Pam McCoy, e-PRO