Greater Sacramento 2021 Q3 Market Report by Chase International

Page 1

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.

REGIONAL RESOURCE CENTER 915 HIGHLAND POINTE, SUITE 190 ROSEVILLE, CALIFORNIA 95678

Zephyr Cove | Glenbrook | Incline Village | South Lake Tahoe | Tahoe City | Truckee Sacramento | Reno | Sparks | Carson Valley | Henderson | London


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