Placer County Homes and Land

Placer County Foreclosures Report for April 2012

In their monthly report for March 2012, www.Foreclosureradar.com has reported that the number of new foreclosure notices that were filed in Placer County was 18% lower in April than March, and was down just over 21% compared to April of 2011.

The inventory of level of homes currently owned by banks was down 6% compared to March, and was down 25% compared to April of last year.

The number ofh omes that were sold at foreclosure auction was up 15% in April compared to March, but was down 50% compared to April of last year.

Investors purchased 38% of the 133 homes that were sold at foreclosure auction, while bank took possession of the remaining 62%.

Placer County Foreclosure Filings for April 2012:

	New Notice of Default	New Notice of Trustee Sale	Total New Foreclosure Filings
Apr 2012	276	189	476
Mar 2012	296	282	578
Apr 2011	322	282	604
	Back to Bank	Sold to 3rd Party	Total Foreclosed During Month
Apr 2012	83	50	133
Mar 2012	69	47	116
Apr 2011	179	52	231

	Total Preforclosure	Total Notice of Sale	Bank Owned Inventory
Apr 2012	1471	1005	1019
Mar 2012	1120	1062	1081
Apr 2011	1436	1331	1357

Orangevale Real Estate Sales February - April 2012

There were 126 homes, 6 condos, 1 halfplex, 3 parcels of land and 1 duplex that sold in Orangevale between February and April 2012 in Metrolist MLS. 42 of the properties sold were bank owned and 35 were short sales.

The least expensive property that sold in Orangevale between February and April was a 1,017 square-foot bank owned condo on Madison Avenue, which sold for $56,500 after being listed for $50,000. The most expensive property that sold in Orangevale between February and April was a 5,000 square-foot short sale home on Kauhale Place in Mandalay Estates, which sold for $640,000 after being listed for $799,000.

The following map and list show the location and details for the properties that sold during the period. To view properties that are currently listed for sale in Orangevale, click Orangevale Real Estate.

Colfax Real Estate Sales February - April 2012

There were 39 homes, 5 parcels of land and 0 duplexes that sold in Colfax between February and April 2012 in Metrolist MLS. 26 of the properties sold were bank owned and 6 were short sales.

The least expensive property that sold in Colfax between February and April was a 1,146 square-foot bank owned home on Marvin Avenue, which sold for $64,000 after being listed for $76,900. The most expensive property that sold in Colfax between February and April was a 2,234 square-foot home in on 3.1 acres in Eden Forest on Manzanita Forest Drive, which sold for $459,000 after being listed for $509,500.

The following map and list show the location and details for the properties that sold during the period. To view properties that are currently listed for sale in Colfax, click Colfax Real Estate.

Placer County Real Estate Sales May 7th - May 13th, 2012

There were 105 homes, 5 condos,  1 parcel of land and 2 multi-unit properties sold in Placer County during the week between May 7th and May 13th, 2012 in Metrolist MLS. 26 of the properties sold were bank owned and 27 were short sale homes.

The least expensive property that sold in Placer County during the period was a 678 square-foot home on Alta Bony Nook Road in Alta, which sold for its asking price of $59,000. The most expensive property sold in Placer County during the period was a 6,796 square-foot bank owned home on Carolinda Drive in Granite Bay, which sold for $1,129,000 after being listed for $1,250,000

The following map and list show the location and details for the properties that sold during the period.

Placerville Real Estate Sales February - April 2012

There were 134 homes, 2 halfplexes, 9 parcels of land and 0 multi-unit income properties that sold in Placerville between February and April 2012 in Metrolist MLS. 53 of the properties sold were bank owned and 27 were short sales.

The least expensive property that sold in Placerville between February and April was a 618 square-foot short sale home on Point View Drive, which sold for $39,000 after being listed for $50,000. The most expensive property that sold in Placerville between February and April was a 4,516 square-foot home on 4.9 acres in Greenstone Country on Stagecoach Road, which sold for $750,000 after being listed for $789,000.

The following map and list show the location and details for the properties that sold during the period. To view properties that are currently listed for sale in Placerville, click Placerville Real Estate.

Placer County Real Estate Sales April 30th - May 6th, 2012

There were 124 homes, 8 condos, 5 halfplexes, 2 parcels of land and 1 duplex sold in Placer County during the week between April 30th and May 6th, 2012 in Metrolist MLS. 22 of the properties sold were bank owned and 34 were short sale homes.

The least expensive property that sold in Placer County during the period was a 922 square-foot condo on Sapphire Drive in Auburn, which sold for $55,000 after being listed for $58,900. The most expensive property sold in Placer County during the period was a 4,931 square-foot home on Los Lagos Circle in Los Lagos in Granite Bay, which sold for $1,085,000 after being listed for $1,080,000

The following map and list show the location and details for the properties that sold during the period.

Auburn, CA Real Estate Sales February - April 2012

There were 101 homes, 14 condos, 7 parcels of land and 0 multi-unit property that sold in Auburn, CA between February and April 2012 in Metrolist MLS. 44 of the properties sold were bank owned and 17 were short sales.

The least expensive property that sold in Auburn between February and April was an 803 square-foot short sale condo on Park Drive, which sold for $47,800 after being listed for $42,000. The most expensive home that sold in Auburn between February and April was a 6,200 square-foot bank owned home on Shadow Mountain Way in Shadow Rock Estates, which sold for $726,000 after being listed for $725,000.

The following map and list show the location and details for the properties that sold during the period. To view properties that are currently listed for sale in Auburn, click Auburn Real Estate.

Folsom Real Estate Sales February - April 2012

There were 221 homes, 27 condos, 3 parcels of land and 1 duplex that sold in Folsom between February and April 2012 in Metrolist MLS. 37 of the properties sold were bank owned and 95 were short sales.

The least expensive home that sold in Folsom between February and April was a 1,243 square-foot bank short sale condo on Wales Drive, which sold for its asking price of $75,000. The most expensive home that sold in Folsom between February and April was a 5,259 square-foot home on Barrhead Court in Hillcrest, which sold for $960,000 after being listed for $949,000.

The following map and list show the location and details for the properties that sold during the period. To view properties that are currently listed for sale in Folsom, click Folsom Homes for Sale.

Rocklin Real Estate Sales February - April 2012

There were 187 homes, 13 condos, 7 halfplexes, 2 parcels of land and 0 duplexes that sold in Rocklin between February and April 2012 in Metrolist MLS. 46 of the properties sold were bank owned and 69 were short sales.

The least expensive property that sold in Rocklin between February and April was an 816 square-foot bank owned condo on Hearthstone Circle, which sold for $75,000 after being listed for $80,000. The most expensive property that sold in Rocklin between February and April was a 6,956 square-foot home on Shady Trail Lane in Whitney Oaks, which sold for its listing price of $1,005,000.

The following map and list show the location and details for the properties that sold during the period. To view properties that are currently listed for sale in Rocklin, click Rocklin Homes for Sale.

Placer County Real Estate Sales April 23rd - 29th, 2012

There were 114 homes, 2 condos, 4 parcels of land and 0 multi-unit income properties sold in Placer County during the week between April 23rd and April 29th, 2012 in Metrolist MLS. 29 of the properties sold were bank owned and 34 were short sale homes.

The least expensive property that sold in Placer County during the period was an 1,005 square-foot bank owned home on Ben Taylor Road in Colfax, which sold at auction for $79,000 after being listed for $114,000 in the MLS. The most expensive property sold in Placer County during the period was a 4,000 square-foot bank owned home on Monteverde Drive in Catta Verdera in Lincoln, which sold for $662,000 after being listed for $582,900.

The following map and list show the location and details for the properties that sold during the period.

Placer County Home Sales Statistics March 2012 - Video

Placer County Home Sales

	1 month			1 year			5 years
	Feb 12	Mar 12	% Change	Mar 11	Mar 12	% Change	Mar 07	Mar 12	% Change
For Sale	868	823	-5.2%	1359	823	-39.4%	2487	823	-66.9%
New Listing	573	682	19%	688	682	-0.9%	1053	682	-35.2%
Sold	426	469	10.1%	491	469	-4.5%	319	469	47%
Pended	570	710	24.6%	595	710	19.3%	365	710	94.5%

The number of homes for sale in Placer County decreased in March when compared to February, and was down even more substantially compared to March of last year.

The number of new listings that were added to to the market in March was higher than the number added in February, but was about the same as the number of listing added to the market in March of last year.

The least expensive home listed for sale in Placer County is a 775 square-foot major fixer cabin on Todd Valley Road in Foresthill, which is listed for $59,950. The most expensive home for sale in Placer County is a 8,700 square-foot home on 5 Acres on Oak Creek Place in Granite Bay, which is listed for $3,850,000.

As of April 30th, 2011, in addition to the homes currently listed for sale or pending sale, there are also 613 homes listed in Placer County that are short sales in contract awaiting bank approval, which is about the same as the number awaiting approval in February.

The number of Placer County homes that were pending sale in March was up considerably when compared to February and March of last year of last year.

The number of homes that sold in Placer County in March was up compared to February, but was down compared to and March of last year.

To view a list and map of the homes that recently sold in Placer County click the following links:

February 27th - March 4th

March 5th - March 11th

March 12th - March 18th

March 19th - March 25th

March 26th - April 1st

To view an analysis of foreclosure activity in Placer County for the period, click Placer County Foreclosure Report March 2012.

To view a current list of the homes for sale in Placer County, click Placer County.

Placer County Foreclosures Report for March 2012

In their monthly report for March 2012, www.Foreclosureradar.com has reported that the number of new foreclosure notices that were filed in Placer County was 12% higher in March than February, but was down just over 19% compared to March 2011.

The total number of homes that have received some sort of foreclosure notice was up slightly in March compared to February, but is well below March of last year.

The inventory of level of homes currently owned by banks was down 19% compared to March of last year, and 7% compared to January.

The most telling statistic may be that actual foreclosure sales were down 17% in March compared to February and 56% compared to last March.

Investors purchased 41% of the 116 homes that were sold at foreclosure auction, while bank took possession of the remaining 59%.

Banks are clearly shifting their strategy to dealing with foreclosures as short sales and selling them to investors at auction.

Placer County Foreclosure Filings for March 2012:

	New Notice of Default	New Notice of Trustee Sale	Total New Foreclosure Filings
Mar 2012	295	282	577
Feb 2012	257	258	515
March 2011	384	331	715
	Back to Bank	Sold to 3rd Party	Total Foreclosed During Month
Mar 2012	69	47	116
Feb 2012	81	58	139
March 2011	183	82	265

	Total Preforclosure	Total Notice of Sale	Bank Owned Inventory
Mar 2012	1119	1063	1081
Feb 2012	1114	1045	1166
Mar 2011	1370	1516	1340

Placer County Real Estate Sales April 16th - 22nd, 2012

There were 104 homes, 7 condos, 5 parcels of land, 1 halfplex and 0 multi-unit income properties sold in Placer County during the week between April 16th and April 22nd, 2012 in Metrolist MLS. 30 of the properties sold were bank owned and 31 were short sale homes.

The least expensive property that sold in Placer County during the period was an 850 square-foot short sale condo on Galena Drive in Auburn, which sold for its list price of $55,000. The most expensive property that was sold in Placer County during the period was a 5,150 square-foot home in Cavitt Ranch Estates on King Ranch Place in Granite Bay, which sold for $1,340,000 after being listed for $1,399,000.

The following map and list show the location and details for the properties that sold during the period.

Placer County Real Estate Sales April 9th - 15th, 2012

There were 90 homes, 5 condos, 2 parcels of land and 0 multi-unit income properties sold in Placer County during the week between April 9th and April 15th, 2012 in Metrolist MLS. 24 of the properties sold were bank owned and 34 were short sale homes.

The least expensive property that sold in Placer County during the period was an 751 square-foot short sale condo on Secret Ravine Parkway in Roseville, which sold for its list price of $83,000. The most expensive property that was sold in Placer County during the period was a 6,541 square-foot home in Wexford on Prior Ridge in Granite Bay, which was bid up to $1,150,000 after being listed for $1,199,000.

The following map and list show the location and details for the properties that sold during the period.

Placer County Real Estate Sales April 2nd - 8th, 2012

There were 82 homes, 4 condos, 2 halfplexes, 3 parcels of land and 0 multi-unit income properties sold in Placer County during the week between April 2nd and April 8th, 2012 in Metrolist MLS. 18 of the properties sold were bank owned and 24 were short sale homes.

The least expensive property that sold in Placer County during the period was an 860 square-foot bank owned condo on Hearthstone Circle in Rocklin, which sold for $75,000 after being listed for $80,000. The most expensive property that was sold in Placer County during the period was a 5,833 square-foot home in Wexford on Wexford Circle in Granite Bay, which was bid up to $1,080,000 after being listed for $995,000.

The following map and list show the location and details for the properties that sold during the period.