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Monthly Housing Report - November 2021

Buyers finally saw relief in this scorching market as November’s median sales price dropped 2.9%. While the month followed general seasonal trends, it still set many records, such as the average number of days homes were listed before selling. At 29 days, November’s average is only the sixth month in report history with an average below 30. Here’s a look at:

• The five-year average for October-to-November home sales is a decline of 12.0%, more than twice the drop of 4.9% in November 2021.
• The five-year average for October-to-November inventory is a decline of 8.9%, slightly more than half of the drop of 17.7% in November 2021.
• Despite declining month over month, November’s median home price was 11.9% higher than November 2020’s $295,000 and marks the 35th consecutive month that home prices have risen year over year.

With prices dropping and demand for homes still high, there are plenty of reasons for optimism as we head in 2022. Feel free to reach out by email or phone with any questions. You can read the full report here… Read more

 

Roseville Real Estate Agent • CA DRE: 010101906Chuck Klein

Roseville Real Estate Agent • CA DRE: 010101906Chuck Klein

  • Roseville Real Estate Agent – Chuck Klein at RE/MAX Gold. I work with Residential Real Estate, both new and existing, and have been serving the Roseville area since 1990. I hold a variety of professional designations including Certified Residential Specialist. Although my office is in Roseville, my practice often takes me to Sacramento, El Dorado and Yolo Counties. My efforts are split equally between marketing homes and helping buyers find that perfect home. You can check out several sites where Clients have posted Reviews: Yelp, Yahoo and Google+. Video reviews can be found on YouTube as well as marketing videos I’ve done for some of my sellers…. …

    Roseville Real Estate Agent – Chuck Klein at RE/MAX Gold.

    I work with Residential Real Estate, both new and existing, and have been serving the Roseville area since 1990. I hold a variety of professional designations including Certified Residential Specialist.

    Although my office is in Roseville, my practice often takes me to Sacramento, El Dorado and Yolo Counties. My efforts are split equally between marketing homes and helping buyers find that perfect home.

    You can check out several sites where Clients have posted Reviews: YelpYahoo and Google+. Video reviews can be found on YouTube as well as marketing videos I’ve done for some of my sellers….

    Read More
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