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.

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