If you are interested in Real Estate home sales activity for Rocklin you’ll find the chart below helpful. It provides data on homes for sale, sold homes, and home pending close by month for Rocklin, California.
As you can see, there were 81 homes for sale in Rocklin in July 2012 (the light green bar), compared to 126 homes for sale in July 2011. That’s a 35.7% reduction in inventory year year over year for July. 67 homes closed escrow in July 2012 (blue bar) while pending sales (red line/blue triangle) jumped up to 96.
What does this all mean? It means that the real estate market in Rocklin continues to be very strong with very little inventory compared to pending and closed sales. This translates to continued heavy competition for buyers trying to buy a home at this time. Prices are starting to rise, while low interest rates continue to keep real estate affordable.
You can get more market data on our website at: www.TeamQ-RE.com. Click on the market trends reports in the lower left column.
If you would like more information about your specific area, feel free to contact me at: Phone: 916-276-7653 —– Email: SteveQ@TeamQ-RE.com