445 Placer St Auburn, CA 95603 $199,000
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Placer County, California real estate is a great choice!
In Placer County relocate to a home in an old or new neighborhood, or to a country estate, a small horse farm, a big ranch, or a luxury home. Vacant land is also for sale.
Looking for beauty and quality of life? Its here in Placer County, and nearby Nevada and El Dorado Counties!
Relocate to historic Auburn, California, in Placer County, in the Gold Country! Auburn is the Placer County seat, with a High School over a century old, a thriving economy, dynamic Chamber of Commerce, fun community events, and claims to be the "oldest gold mining town in the west". Ask for a relocation package.
Get away from urban sprawl. Live in the Sierra Nevada foothills, with easy access to Sacramento, San Franciso, Lake Tahoe, and Reno. Amtrak's Capitol Corridor route serves commuters from the foothills along I-80 to the Bay area. Enjoy natural beauty, moderate climate, sense of security, good schools, family values, quality of life.
Own a home in town, an estate with a lake, river, canyon or Sierra view, a horse property, a new custom home on a lot or land, a rural home with a stream or pond, or get vacant buildable acreage improved with well or public water and build.
Along I-80: Loomis, Penryn, East Lincoln foothills, and Newcastle are lower than Auburn in the foothills. Christian Valley, Meadow Vista, Applegate, Weimar, and Colfax, are higher. Dutch Flat and Alta are highest.
Cool, Georgetown and Foresthill are accessed from Auburn, by crossing the picturesque American River Canyon. Granite Bay, Roseville, Rocklin and Lincoln neighborhoods, are closer to Sacramento commerce, and airport.
Nevada City, Penn Valley, and beautiful rural areas off Hwy 49, between Auburn and Grass Valley may be for you.
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on the Featured Listings page New picture listings, descriptions, and price changes as of 10/11/2007. These picture listings are a sample of the current MLS real estate inventory. If you want more pictures and information, click "Request Info" under the listing.
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Expert's Market Reports, California Association of Realtors
C.A.R. uesday, Jan. 27, 2009
C.A.R. reports sales increased 84.9 percent; median home price fell 41.5 percent in December
LOS ANGELES (Jan. 27) – Home sales increased 84.9 percent in December in California compared with the same period a year ago, while the median price of an existing home fell 41.5 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
“Sales continue to be strong, exceeding 500,000 units for the fourth consecutive month, and year-to-date sales are nearly 27 percent above last year,” said C.A.R. President James Liptak. “California home buyers benefited during the last half of 2008 from the high-cost loan limit of $729,750, which fell to $625,500 as of Jan. 1. The restoration of the high cost loan limit to the previous level would not only help a housing market still struggling to turn around, but also make financing more affordable for home buyers.”
Closed escrow sales of existing, single-family detached homes in California totaled 544,580 in December at a seasonally adjusted annualized rate, according to information collected by C.A.R. from more than 90 local REALTOR® associations statewide. Statewide home resale activity increased 84.9 percent from the revised 294,520 sales pace recorded in December 2007. Sales in December 2008 increased 5.9 percent compared with the previous month.
The statewide sales figure represents what the total number of homes sold during 2008 would be if sales maintained the December pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.
The median price of an existing, single-family detached home in California during December 2008 was $281,100, a 41.5 percent decrease from the revised $480,820 median for December 2007, C.A.R. reported. The December 2008 median price fell 2 percent compared with November’s revised $286,850 median price.
“Median prices continued to decline in December, and based on preliminary calculations, the statewide annual median price declined 38 percent for all of 2008 compared with 2007,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young. “While the month-to-month decrease in December was considerably smaller than in recent months, it remains too early to determine if prices are beginning to stabilize. Many distressed sales still must work their way through the system.
“The decline in home prices has brought the cost of housing more in line with household income, improving affordability across the state,” she said. “This should be especially helpful for first-time buyers who can qualify for a home loan.”
Highlights of C.A.R.’s resale housing figures for December 2008:
. C.A.R.’s Unsold Inventory Index for existing, single-family detached homes in December 2008 was 5.6 months, compared with 13.4 months (revised) for the same period a year ago. The index indicates the number of months needed to deplete the supply of homes on the market at the current sales rate.
. Thirty-year fixed-mortgage interest rates averaged 5.29 percent during December 2008, compared with 6.10 percent in December 2007, according to Freddie Mac. Adjustable-mortgage interest rates averaged 4.97 percent in December 2008, compared with 5.50 percent in December 2007.
. The median number of days it took to sell a single-family home was 46.1 days in December 2008, compared with 66.7 days (revised) for the same period a year ago.
Regional MLS sales and price information are contained in the tables that accompany this press release. Regional sales data are not adjusted to account for seasonal factors that can influence home sales. The MLS median price and sales data for detached homes are generated from a survey of more than 90 associations of REALTORS® throughout the state. MLS median price and sales data for condominiums are based on a survey of more than 60 associations. The median price for both detached homes and condominiums represents closed escrow sales.
In a separate report covering more localized statistics generated by C.A.R. and DataQuick Information Systems, 1.5 percent, or 5 out of 338 cities and communities, showed an increase in their respective median home prices from a year ago. DataQuick statistics are based on county records data rather than MLS information. DataQuick Information Systems is a subsidiary of Vancouver-based MacDonald Dettwiler and Associates. (The top 10 lists are generated for incorporated cities with a minimum of 30 recorded sales in the month.)
Note: Large changes in local median home prices typically indicate both local home price appreciation, and often, large shifts in the composition of housing market activity. Some of the variations in median home prices for September may be exaggerated due to compositional changes in housing demand. The DataQuick tables listing median home prices in California cities and counties are accessible through C.A.R. Online at http://www.car.org/economics/historicalprices/2008medianprices/dec2008medianprices/
. Statewide, the 10 cities with the highest median home prices in California during December 2008 were: Danville, $1,029,000; Santa Barbara, $952,500; Santa Monica, $825,000; San Ramon, $711,500; Redondo Beach, $682,500; San Clemente, $675,000; San Francisco, $625,500; Arcadia, $625,000; San Mateo, $618,5000; and Carlsbad $615,000.
. Statewide, the cities with the greatest median home price increases in December 2008 compared with the same period a year ago were: Santa Barbara, 12.7 percent, Cerritos, 9.1 percent; Danville, 8.4 percent; Atascadero, 8.1 percent, and San Pedro, 1.2 percent.
Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with nearly 180,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
December 2008 Regional Sales and Price Activity*
Regional and Condo Sales Data Not Seasonally Adjusted
Median Price
Percent Change in Price from Prior Month
Percent Change in Price from Prior Year
Percent Change in Sales from Prior Month
Percent Change in Sales from Prior Year
Dec-08
Nov-08
Dec-07
Nov-08
Dec-07
Statewide
Calif. (sf)
$281,100
-2.0%
-41.5%
5.9%
84.9%
Calif. (condo)
$236,040
-1.9%
-39.4%
7.3%
45.9%
C.A.R. Region
Central Valley
NA
NA
NA
NA
NA
High Desert
$137,560
-7.4%
-43.7%
29.0%
255.7%
Los Angeles
$336,980
-6.2%
-32.4%
18.9%
94.9%
Monterey Region
$290,070
-7.7%
-56.0%
32.4%
172.7%
Monterey County
$255,000
-7.3%
-56.4%
36.7%
269.2%
Santa Cruz County
$455,000
4.1%
-37.6%
19.8%
45.6%
Northern California
$276,060
-4.6%
-18.5%
10.0%
20.8%
Northern Wine Country
$344,180
0.2%
-28.4%
20.0%
114.2%
Orange County
$442,640
-2.3%
-32.3%
13.5%
66.2%
Palm Springs/Lower Desert
$169,730
-7.5%
-53.5%
17.5%
70.1%
Riverside/San Bernardino
$190,840
-5.9%
-41.4%
21.7%
251.0%
Sacramento
$181,660
-1.7%
-36.3%
12.6%
139.7%
San Diego
$333,030
1.9%
-32.8%
-1.8%
81.7%
San Francisco Bay
$465,640
-1.7%
-35.8%
4.3%
36.1%
San Luis Obispo
$374,320
8.7%
-29.1%
30.4%
77.2%
Santa Barbara County
$328,570
12.9%
-34.3%
46.3%
80.0%
Santa Barbara South Coast
$875,000
-21.3%
-5.4%
93.9%
39.1%
North Santa Barbara County
$256,450
6.5%
-20.8%
23.9%
111.1%
Santa Clara
$512,450
-0.5%
-35.7%
12.3%
40.0%
Ventura
$370,750
-3.1%
-38.7%
5.2%
86.3%
* Santa Barbara County and Monterey County median prices decreased significantly from Nov 07 due mainly to the high proportion of total sales from lower-priced properties in the regions.
na - not available
*Based on closed escrow sales of single‑family, detached homes only (no condos). Reported month‑to‑month changes in sales activity in June overstate actual changes because of the small size of individual regional samples. Movements in sales prices should not be interpreted as measuring changes in the cost of a standard home. Prices are influenced by changes in cost and changes in the characteristics and size of homes actually sold.
sf = single‑family, detached home
Source: CALIFORNIA ASSOCIATION OF REALTORS®
Median Prices By Region – Current Month vs. Year Ago
Dec-08
Nov-08
Dec-07
Statewide
Calif. (sf)
$281,100
$286,850
r
$480,820
Calif. (condo)
$236,040
$240,520
r
$389,760
Region
Central Valley
NA
NA
NA
High Desert
$137,560
$148,580
$244,330
Los Angeles
$336,980
$359,240
$498,500
Monterey Region
$290,070
$314,370
$659,310
Monterey County
$255,000
$275,000
$584,500
Santa Cruz County
$455,000
$437,000
$729,000
Northern California
$276,060
$289,380
r
$338,650
Northern Wine Country
$344,180
$343,430
$480,510
Orange County
$442,640
$453,060
$653,610
Palm Springs/Lower Desert
$169,730
$183,590
$364,660
Riverside/San Bernardino
$190,840
$202,740
$325,520
Sacramento
$181,660
$184,760
$285,140
San Diego
$333,030
$326,770
$495,500
San Francisco Bay
$465,640
$473,510
$725,120
San Luis Obispo
$374,320
$344,230
$527,780
Santa Barbara County
$328,570
$291,070
r
$500,000
Santa Barbara South Coast
$875,000
$1,112,000
r
$925,000
North Santa Barbara County
$256,450
$240,910
r
$323,810
Santa Clara
$512,450
$515,000
$797,000
Ventura
$370,750
$382,590
$604,730
na - not available
r - revised
Source: CALIFORNIA ASSOCIATION OF REALTORS®
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Mortgage rates - week ending 11/20/07:
Mortgage rates - week ending 1/10: 30-yr. fixed: 5.675; Fees/points: 0.5% 15-yr. fixed: 5.98%; Fees/points: 0.5% 1-yr. adjustable: 5.65%; Fees/points: 0.6% (Source: Freddie Mac)
Placer County Home Sales Statistics, January 2008, Breakdown by Areas:
Here are the average sales prices for a 3 bedroom home in January 2008. Figures based on MetroList Multiple Listing Service Data, Copyright 2003 Metrolist, compiled monthly by Placer County Asso. of Realtors.
Lincoln ~~~ $345,897.Foresthill ~~~ $405,500. Roseville ~~~ $375,384.Rocklin ~~~ $443,262. Auburn/Newcastle ~~~
$411,093. Loomis/Penryn ~~~ $774,113. Granite Bay ~~~ $870,000. Meadow Vista, Christian Valley, Applegate, Colfax-Weimar-BC-Nrdn ~~~ $529,444.
>Time on Market: 1-30 days 33.19%, 31-60 days 25.00%, 61-90 days 15.09%
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