Real Estate Market Update

January 2018 is a Seller’s market! The number of for sale listings was down 27.6% from one year earlier and down 46.2% from the previous month. The number of sold listings increased 16.7% year over year and decreased 33.3% month over month. The number of under contract listings was down 18.9% compared to previous month and up 42.9% compared to previous year. The Months of Inventory based on Closed Sales is 0.8, down 33.1% from the previous year.

The Average Sold Price per Square Footage was up 2.1% compared to previous month and up 5.3% compared to last year. The Median Sold Price increased by 2.9% from last month. The Average Sold Price also decreased by 1.5% from last month. Based on the 6 month trend, the Average Sold Price trend is “Neutral” and the Median Sold Price trend is “Appreciating”.

The Average Days on Market showed a neutral trend, was the same compared to previous year. The ratio of Sold Price vs. Original List Price is 95%, a decrease of 5% compared to previous year.

Proprietary charts with momentum (Þ):


Orangevale boasts of larger (horse property) lots and a rural feel.  There are infill areas of newer and higher-priced homes.  If it’s horses you want or need, this may be the place.

5-Year Charts:


$1,425,000 (For Sale)
Beds: 5
Baths: 3 | 1
Sq. Ft.: 4,786
Listing Office: RE/MAX Gold Sierra Oaks
Open House: Mar 18, 2018 12:00 PM - 3:00 PM
8625 Kauhale Place, Orangevale, CA 95662
$1,200,000 (For Sale)
Beds: 5
Baths: 3 | 1
Sq. Ft.: 5,054
Listing Office: Realty One Group Complete
$995,000 (For Sale)
Beds: 3
Baths: 2
Sq. Ft.: 1,316
Listing Office: Security Pacific Real Estate
$895,000 (For Sale)
Beds: 4
Baths: 3 | 2
Sq. Ft.: 3,369
Listing Office: River Ridge Realty
$825,000 (For Sale)
Beds: 4
Baths: 3
Sq. Ft.: 3,350
Listing Office: Galster Real Estate Group
Open House: Mar 17, 2018 11:00 AM - 1:00 PM
7046 Beech Avenue, Orangevale, CA 95662
$799,999 (For Sale)
Beds: 4
Baths: 3
Sq. Ft.: 3,446
Listing Office: Excel Realty Inc.
$799,000 (For Sale)
Beds: 4
Baths: 3
Sq. Ft.: 2,752
Listing Office: Harmon Real Estate
$684,900 (For Sale)
Beds: 5
Baths: 3
Sq. Ft.: 3,572
Listing Office: Ultimate California Real Estate
$670,000 (For Sale)
Beds: 4
Baths: 3
Sq. Ft.: 3,284
Listing Office: Re/Max Gold Fair Oaks
$650,000 (For Sale)
Beds: 3
Baths: 1
Sq. Ft.: 1,345
Listing Office: Coldwell Banker Residential Brokerage
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All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information.

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MetroList CA data last updated at March 17, 2018 8:15 AM PT

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