2021 Q-3 MARKET REPORT TRI-COUNTY | EL DORADO | PLACER | SACRAMENTO
Check current market value for your home at chaseinternational.com/value
888.70.CHASE | chaseinternational.com
Contents Chase International
3-4
Market Opinion
5-6
El Dorado County
7-8
Placer County
9-15
Sacramento County
16-20
Chase Ready
21-22
My Home Value?
23-24
Chase International
25-28
Chase International by the numbers
$2.5 Billion
350
IN ANNUAL SALES
HIGHLY SPECIALIZED REALTORS®
2,895
24
TRANSACTION SIDES
DEDICATED SUPPORT PERSONNEL
12
6
OFFICE LOCATIONS
MARKETING CREATIVES
THE CHASE DIFFERENCE
One company. One heart. One philosophy. HEART. It’s what sets Chase International apart from the rest of the real estate pack. We are a company motivated by our clients’ success. It means finding just the right house you can call home. It means connecting you with the best movers, painters, interior designers and introducing you to the communities we serve. It means loving every inch of your home and selling it for the highest price in the shortest time. Whatever it takes, we’re here for you. Some would call this kind of service overthe-top. At Chase, we call it heart. And when you have it, everything else takes care of itself.
888.70.CHASE | chaseinternational.com
Chase life—joy, health, success You may have noticed a slight leveling in our local market starting in July 2021. Indicated by a few less offers, offers that are closer to asking price or properties staying a few more days on the market. People are settling into their new work routines. Children went back to school. Firefighters and first responders were saving the people and places we love from the River, Caldera and other wildfires. The highly contagious Delta variant. And whatever else may be present in everyone’s personal lives. The dramatic changes instigated by COVID will set a precedent for many new norms moving forward, attention to hygiene , an up-level of outdoor eating, more grace and appreciation of others. Whilst the market continues to be strong despite the challenges brought by the delta virus, the global economic behavior and the new norm. The biggest driver is a lack of new construction. This is projected to be a long-term factor since developers have not built new houses at the pace needed to keep up with the flood of qualified buyers. The new housing shortage is quantified by a lack of construction materials and skilled labor – these impacts are a result of the global market and supply chain. Conversely, the list of qualified buyers keeps growing with the increasing wages and opportunities in the job market. The Feds intend to keep interest rates low to promote stability. Landlords are still getting tons of applicants even with the increased rental prices – turning more renters into buyers since buying is more affordable than renting. Interestingly this keeps the market stronger than ever. It’s a great time to sell and a great time to buy! If you’re considering selling you’re able to get the price range you’re dreaming of. If you’re considering buying your investment is likely to increase in value long-term since the housing shortage is projected to last up to ten more years. Our Chase Ready program makes it easier for sellers to sell and buyers to buy. Sellers are able to increase their fair market value and decrease the headaches of negotiations or fall-out. While buyers can make a confident and educated decision when making an offer. Having the Chase Ready program by your side creates opportunities where everyone wins. If you have any questions please call our local office, 888 70 CHASE.
El Dorado Hills 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$806,903,310
$591,798,924
36.35%
Number of Sales
874
732
19.40%
Average Sales Price
$1,006,114
$809,574
24.28%
Median Sales Price
$895,000
$716,000
25.00%
Average Price Per Sqft.
$330.74
$267.17
23.79%
Average Days on Market
16
35
List to Sales Price Ratio
98.64%
98.28%
SALES VOLUME 2021 $806,903,310 2020 $591,798,924
888.70.CHASE | chaseinternational.com Information gathered from MetroList 10/01/2021
UNITS SOLD 2021 874 2020 732
% Change
-54.29% 0.37%
Placerville 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$112,421,415
$86,269,519
30.31%
Number of Sales
249
193
29.02%
Average Sales Price
$513,340
$446,992
14.84%
Median Sales Price
$475,100
$415,000
14.48%
Average Price Per Sqft.
$305.18
$252.87
20.69%
Average Days on Market
21
47
-55.32%
List to Sales Price Ratio
99.00%
98.27%
SALES VOLUME 2021 $112,421,415 2020 $86,269,519
UNITS SOLD 2021 249 2020 193
% Change
0.74%
Auburn 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$287,724,156
$201,568,730
42.74%
Number of Sales
463
338
36.98%
Average Sales Price
$722,925
$596,357
21.22%
Median Sales Price
$647,000
$535,000
20.93%
Average Price Per Sqft.
$335.48
$274.16
22.37%
Average Days on Market
27
44
List to Sales Price Ratio
98.14%
97.92%
SALES VOLUME 2021 $287,724,156 2020 $201,568,730
888.70.CHASE | chaseinternational.com Information gathered from MetroList 10/01/2021
UNITS SOLD 2021 463 2020 338
% Change
-38.64% 0.22%
Granite Bay 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$350,958,885
$261,500,889
34.21%
Number of Sales
309
261
18.39%
Average Sales Price
$1,244,535
$1,001,919
24.22%
Median Sales Price
$1,100,000
$915,000
20.22%
Average Price Per Sqft.
$367.41
$305.31
20.34%
Average Days on Market
25
40
-37.50%
List to Sales Price Ratio
98.24%
97.10%
SALES VOLUME 2021 $350,958,885 2020 $261,500,889
UNITS SOLD 2021 309 2020 261
% Change
1.13%
Lincoln 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$635,800,343
$452,143,642
40.62%
Number of Sales
1047
843
24.20%
Average Sales Price
$663,675
$536,351
23.74%
Median Sales Price
$610,000
$490,000
24.49%
Average Price Per Sqft.
$308.61
$258.10
Average Days on Market
17
32
List to Sales Price Ratio
99.63%
98.80%
SALES VOLUME 2021 $635,800,343 2020 $452,143,642
888.70.CHASE | chaseinternational.com Information gathered from MetroList 10/01/2021
UNITS SOLD 2021 1047 2020 843
% Change
19.57% -46.88% 0.84%
Twelve Bridges 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$134,510,915
$97,427,638
38.06%
Number of Sales
176
142
23.94%
Average Sales Price
$908,858
$686,110
32.47%
Median Sales Price
$774,000
$569,230
35.97%
Average Price Per Sqft.
$298.77
$244.26
22.32%
Average Days on Market
20
39
List to Sales Price Ratio
99.57%
99.14%
SALES VOLUME 2021 $134,510,915 2020 $97,427,638
UNITS SOLD 2021 176 2020 142
% Change
-48.72% 0.43%
Loomis 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$169,899,640
$123,869,853
Number of Sales
183
146
25.34%
Average Sales Price
$1,096,127
$848,424
29.20%
Median Sales Price
$880,000
$659,500
33.43%
Average Price Per Sqft.
$421.17
$339.76
23.96%
Average Days on Market
28
39
-28.21%
List to Sales Price Ratio
99.03%
95.93%
SALES VOLUME 2021 $169,899,640 2020 $123,869,853
888.70.CHASE | chaseinternational.com Information gathered from MetroList 10/01/2021
UNITS SOLD 2021 183 2020 146
% Change 37.16%
3.23%
Rocklin 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$599,191,833
$418,298,524
Number of Sales
903
716
Average Sales Price
$705,762
$584,216
20.80%
Median Sales Price
$650,000
$545,000
19.27%
Average Price Per Sqft.
$307.87
$259.53
18.63%
Average Days on Market
12
27
List to Sales Price Ratio
100.20%
99.38%
SALES VOLUME 2021 $599,191,833 2020 $418,298,524
UNITS SOLD 2021 903 2020 716
% Change 43.25% 26.12%
-55.56% 0.83%
Roseville 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$1,127,394,581
$910,328,108
23.84%
Number of Sales
1906
1729
10.24%
Average Sales Price
$642,390
$526,506
22.01%
Median Sales Price
$610,000
$500,000
22.00%
Average Price Per Sqft.
$312.51
$260.43
20.00%
Average Days on Market
11
23
-52.17%
List to Sales Price Ratio
100.77%
99.13%
SALES VOLUME 2021 $1,127,394,581 2020 $910,328,108
888.70.CHASE | chaseinternational.com Information gathered from MetroList 10/01/2021
UNITS SOLD 2021 1906 2020 1729
% Change
1.65%
Sacramento 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$1,731,676,007
$1,240,861,729
39.55%
Number of Sales
3090
2373
30.21%
Average Sales Price
$619,119
$522,908
18.40%
Median Sales Price
$550,000
$457,000
20.35%
Average Price Per Sqft.
$358.13
$306.02
Average Days on Market
18
26
List to Sales Price Ratio
99.24%
98.12%
SALES VOLUME 2021 $1,731,676,007 2020 $1,240,861,729
UNITS SOLD 2021 3090 2020 2373
*Sacramento stats include Arden Arcade, Carmichael, Curtis Park, East Sacramento, Fair Oaks, Land Park, Midtown
% Change
17.03% -30.77% 1.14%
Folsom 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$544,940,583
$413,688,965
31.73%
Number of Sales
786
656
19.82%
Average Sales Price
$753,721
$630,623
19.52%
Median Sales Price
$695,000
$596,000
16.61%
Average Price Per Sqft.
$353.30
$295.27
19.65%
Average Days on Market
12
24
List to Sales Price Ratio
99.70%
98.49%
SALES VOLUME 2021 $544,940,583 2020 $413,688,965
888.70.CHASE | chaseinternational.com Information gathered from MetroList 10/01/2021
UNITS SOLD 2021 786 2020 656
% Change
-50.00% 1.23%
Elk Grove 2021 Q-3 Statistics | January 1st - September 30th
SINGLE FAMILY
2021
2020
Volume of Sales
$873,931,611
$688,068,677
Number of Sales
1518
1411
Average Sales Price
$615,012
$487,646
26.12%
Median Sales Price
$580,000
$465,000
24.73%
Average Price Per Sqft.
$301.99
$242.34
24.61%
Average Days on Market
11
21
List to Sales Price Ratio
98.33%
98.67%
SALES VOLUME 2021 $873,931,611 2020 $688,068,677
UNITS SOLD 2021 1518 2020 1411
% Change 27.01% 7.58%
-47.62% -0.34%
INTRODUCING, CHASE READY Make your home ready to SELL and easy for buyers to BUY!
916 234 0247
888 70 CHASE
Stand out from the crowd with Chase Ready With Chase Ready, your home will stand out from the crowd by providing buyers full transparency on the condition of your home. Buyers will know what they are purchasing and can make an educated and confident decision when making an offer on your property. Your home is ready to SELL and easy for buyers to BUY!
What distinguishes a Chase Ready Property? Prior to putting your home on the market, Chase Ready Properties have completed the following: Full Home Warranty for Buyers: Coverage for the sellers during the listing period Property Inspection Fully Completed Disclosures Preliminary Title Search Completed Natural Hazards Disclosure Report Completed Sewer Clearance if necessary Defensible Space Evaluation if necessary
Benefits to Sellers ELIMINATE SURPRISES Eliminates virtually all major surprises that often occur during the inspection process.
SAVES TIME & MONEY Allows you to cost-effectively complete repairs and improvements.
REDUCES STRESS Greatly reduces the stress and lost time of canceled transactions.
Benefits to Buyers CONFIDENCE Enable buyers to make educated and confident decisions when writing an offer.
SECURITY Protect buyers from the cost of systems repairs during the first year of ownership.
CHASEINTERNATIONAL.COM/READY
888.70.CHASE | chaseinternational.com
My Home Value? chaseinternational.com/value
“
We empower people to think in terms of unlimited possibilities, make magical life decisions and bring peace and harmony into their lives. This is our secret power. Put the Chase Power of Success to work for you. Ask Shari Anything is a fireside chat style podcast hosted by Shari Chase, Founder and CEO of Chase International Real Estate. Shari brings her decades of luxury real estate pioneering and experience as well as her whole heart belief that everything is possible to candid conversations with YOU. You can listen to Ask Shari Anything wherever you get your podcasts starting in November 2021 or you can ask Shari anything by emailing asksharianything@chaseinternational.com
THE POWER OF PARTNERS
CHASE INTERNATIONAL IS PART OF A GLOBAL NETWORK OF REAL ESTATE PROFESSIONALS OVER
ENCOMPASSING
565
4,300
FIRMS
OFFICES
MORE THAN
$500 Billion IN ANNUAL SALES
MORE THAN
130,000
SALES ASSOCIATES
OVER
70
COUNTRIES
MORE THAN
1 MILLION TRANSACTIONS
Worldwide Relocation Network and Affiliations Chase is the company of choice for membership in the largest relocation network of independent brokers in the nation and around the globe. Leading Real Estate Companies of the World, Luxury Portfolio, “Who’s Who” in Luxury Real Estate, Luxury Portfolio, Mayfair International Realty (London), and The Artisan Group constitute the majority of the world’s leading real estate firms. Together this collection of luxury firms has sold more real estate annually than any other real estate group in the world—over $500 billion.
Chase Family of Companies
C O M M E R C I A L R E A L E S TAT E
Sanctuary
“
May a world that affirms in
oneness—health as the highest
gain, contentment as the highest wealth, awaken its note of joy in the human kingdom. – Dr. Jayanath Abeywickrama
CHASE GLOBAL INITIATIVE
The Hela Bima Rice Project At Chase International, we are proud to make a real difference in our world by supporting over 1,000 traditional rice farmers in Sri Lanka. Over 3.5 billion people consume rice, mostly unhealthy hybrid varieties. The Hela Bima Rice Project and Chase International join forces to grow 2,000-year-old pure, whole varieties of rice (hidden for over 500 years) with human loving, nature friendly and sustainable farming practices, using the wisdom of their ancestors. We support education, fund schools, build state-of-the-art, eco-friendly rice mills, storage and packaging facilities. Since 2011, Chase International has empowered the farmers, their families, children and villages to live healthy lives. The Hela Bima Rice Project is awakening and educating the world, honoring the farmers, their rice and well-being. This relationship with the farmers creates a circle of abundance in all of our lives.
Making a difference: Our mission is to bring awareness to how we see FOOD, giving value and respect for all human beings.
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ONE COMPANY.
ONE HEART. ONE PHILOSOPHY.
OVER $2.5 BILLION IN ANNUAL SALES. Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive properties in the Northern Califonia, Tahoe, and Reno regions. With more than 380 compassionate and determined REALTORS® in 12 locations, we are committed to our clients’ success. We have more qualified luxury professionals and top lakefront specialists with the experience and connections to serve all your needs. We empower people to achieve unlimited possibilities, make magical life decisions, and bring peace and harmony into their lives. This is our secret power. Put the Chase Power of Success to work for you.
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