545EAGLE.COM LISTED BY THE DONOVAN GROUP 2022 Q1 MARKET REPORT TRI-COUNTY | EL DORADO | PLACER | SACRAMENTO Check current market value for your home at chaseinternational.com/value
888.70.CHASE | chaseinternational.com
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
Contents
Growth despite uncertainty
As of March 2023, the median home value in Sacramento was $466,500, which represents a 4.5% decrease over the previous year. Despite this market cool down, average prices remain up compared to pre-pandemic statistics.
After two record-breaking years of higher volume and twice the activity compared to pre-pandemic years, real estate as an asset shows a consistent increase in value and remains the single largest contribution to household wealth. Compared to pre-pandemic figures from the end of 2019, the average price in the Sacramento region is up 16.7%.
The real estate market in the Sacramento area, as with the entire economy, may still face some challenges in 2023, such as rising interest rates, a potential economic slowdown, and an ongoing housing shortage but the outlook is bright with strong job growth in the region for the first quarter of 2023.
With or without economic uncertainty people are attracted to the tricounty region. The area is teeming with food, art and culture, opportunites and access to nature, a highly desireable and moderate climate and better affordability that many other metro areas.
If you would like to learn more, please call our local office 888 70 CHASE.
SALES VOLUME 2023 2022
Dorado Hills 2023 Q1 Statistics 888.70.CHASE | chaseinternational.com Information gathered from MetroList 03/31/2023 Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio SINGLE FAMILY 88 177 $94,982,392 $194,235,118 2023 $94,982,392 88 $1,079,345 $857,500 $365.36 44 97.01% 2022 $194,235,118 177 $1,097,374 $988,000 $372.31 18 98.97% % Change -51.10% -50.28% -1.64% -13.21% -1.87% 144.44% -1.98%
UNITS SOLD 2023 2022
El
Placerville
2023 Q1 Statistics
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $15,367,000 29 $529,897 $485,000 $304.9 45 97.53% 2022 $35,113,929 63 $557,364 $525,000 $307.99 31 97.68% % Change -56.24% -53.97% -4.93% -7.61% -1.00% 45.16% -0.15% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 29 63 $15,367,000 $35,113,929
2023 Q1 Statistics
Auburn
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $58,766,425 73 $805,020 $632,500 $333.47 50 95.24% 2022 $81,493,288 119 $684,818 $610,000 $351.62 19 98.15% % Change - 27.89% -38.66% 17.55% 3.69% -5.16% 163.16% -2.96% SINGLE FAMILY SALES VOLUME 2022 2021 UNITS SOLD 2023 2022 73 119 $58,766,425 $81,493,288 888.70.CHASE | chaseinternational.com Information gathered from MetroList 03/31/2023
Granite Bay
2023 Q1 Statistics
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $61,772,342 51 $1,211,222 $1,189,000 $385.1 47 96.95% 2022 $74,011,284 57 $1,298,444 $1,210,000 $398.9 21 98.84% % Change -16.54% -10.53% -6.72% -1.74% -3.46% 123.81% -1.91% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 51 57 $61,772,342 $74,011,284
2023 Q1 Statistics
Lincoln
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $126,447,224 186 $679,824 $605,000 $342.05 19 100.74% 2022 $200,148,363 273 $733,144 $678,029 $312.78 21 99.26% % Change -36.82% -31.87% -7.27% -10.77% 9.36% -9.52% 1.49% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 186 273 $126,447,224 $200,148,363 888.70.CHASE | chaseinternational.com Information gathered from MetroList 03/31/2023
Twelve Bridges
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $35,802,073 39 $918,002 $749,000 $322.19 59 98.09% 2022 $52,105,458 55 $947,372 $736,340 $343.42 27 100.25% % Change -31.29% -29.09% -3.10% 1.72% -6.18% 118.52% -2.15% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 39 55 $35,802,073 $52,105,458
2023 Q1 Statistics
2023 Q1 Statistics
Loomis
888.70.CHASE | chaseinternational.com Information gathered from MetroList 03/31/2023 Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $20,953,000 22 $952,409 $740,000 $438.9 37 95.13% 2022 $57,263,590 37 $1,547,665 $1,060,000 $479.36 29 95.58% % Change -63.41% -40.54% -38.46% -30.19% -8.44% 27.59% -0.57% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 22 37 $20,953,000 $57,263,590
2023 Q1 Statistics
Rocklin
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $100,083,640 134 $746,893 $677,000 $326.11 54 96.45% 2022 $160,402,690 207 $774,892 $713,900 $345.88 15 99.75% % Change -37.60% -35.27% -3.61% -5.17% -5.72% 260% -3.315% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 134 207 $100,083,640 $160,402,690
888.70.CHASE | chaseinternational.com Information gathered from MetroList 03/31/2023 Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $213,409,754 333 $640,870 $609,737 $307.9 60 97.38% 2022 $314,725,932 456 $690,188 $669,950 $348.08 16 100% % Change - 32.19% -26.97% -7.15% -8.99% -11.54% 275% -3.04% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 333 456 $213,409,754 $314,725,932
Roseville 2023 Q1 Statistics
Sacramento 2023 Q1 Statistics
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $183,557,622 298 $615,965 $547,000 $372.59 40 97.41% 2022 $328,183,192 492 $667,039 $605,000 $409.99 24 98.42% % Change -44.07% -39.43% -7.66% -9.59% -9.12% 66.67% -1.03% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 298 583 $183,557,622 $324,143,258
*Sacramento stats include Arden Arcade, Carmichael, Curtis Park, East Sacramento, Fair Oaks, Land Park, Midtown
2023 Q1 Statistics
Folsom
888.70.CHASE | chaseinternational.com Information gathered from MetroList 03/31/2023 Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $88,697,027 118 $751,670 $720,000 $351.96 43 96.7% 2022 $164,372,453 190 $865,118 $820,000 $390.28 21 98.71% % Change -46.04% -37.89% -13.11% -12.20% -9.82% 104.76% -2.04% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 118 190 $88,697,027 $164,372,453
Elk Grove
2023 Q1 Statistics
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $143,678,663 237 $606,239 $600,000 $312.76 41 98.01% 2022 $269,714,263 393 $686,296 $650,000 $342.6 13 98.45% % Change -46.73% -39.69% -11.67% -7.69% -8.71% 215.38% -0.45% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 237 393 $143,678,663 $269,714,263
INTRODUCING, CHASE READY Make your home ready to SELL and easy for buyers to BUY! 888 70 CHASE 916 234 0247
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
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Chase Family of Companies
“
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
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.
CHASE GLOBAL INITIATIVE
Joysuccess
ONE COMPANY. ONE HEART. ONE PHILOSOPHY.
$7 BILLION IN 3 YEARS.
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 350 compassionate and determined REALTORS® in 14 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.
ROSEVILLE REGIONAL CENTER
915 HIGHLAND POINTE, SUITE 190
ROSEVILLE, CALIFORNIA 95678
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