A transformative year
2023 promises to be a year of transformation and resilience. Despite ongoing geopolitical tensions, market volatility, and inflationary pressures, there’s a silver lining. As of June 14th, the average 30-year fixed mortgage rate had surged to 6.86 percent due to the Federal Reserve’s aggressive rate hikes aimed at taming inflation. While this has led to swift adjustments in the market, it’s important to remember that change often brings opportunities. Amidst these challenges, 2023 is poised to be a year of renewal. After experiencing a 23.2 percent decline in the sales of previously owned homes since the previous spring, the real estate market is undergoing a transformation. Economic fluctuations are gradually giving way to a more stable and balanced marketplace. This shift offers a silver lining for sellers and buyers, who can find opportunities in this evolving landscape.
Moreover, the Greater Sacramento area continues to be a beacon of attraction. With its vibrant food scene, thriving arts and culture, and an enviable moderate climate, it remains a desirable place to live. This positive appeal provides a strong foundation for a promising real estate outlook in the region.
If you would like to learn more, please call our local office at 888.70.CHASE
UNITS SOLD 2023
SALES VOLUME 2023 2022
2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio SINGLE FAMILY 443 574 $474,876,443 $634,474,056 2023 $474,876,443 443 $1,071,956 $905,000 $366.69 43 96.62% 2022 $634,474,056 574 $1,105,355 $989,750 $377.59 23 98.7% % Change -25% -23% -3% -9% -3% 87% -2% 888.70.CHASE | chaseinternational.com Information gathered from MetroList 09/30/2023
2022
El Dorado Hills
VOLUME 2023 2022
2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $74,577,669 142 $525,195 $489,500 $326.15 40 98.21% 2022 $124,132,894 218 $569,417 $530,000 $321.31 28 97.06% % Change -40% -35% -8% -8% 2% 43% 1% SINGLE FAMILY UNITS SOLD 2023 2022 142 218 $74,577,669 $124,132,894
SALES
Placerville
Auburn 2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $196,758,585 277 $710,320 $620,000 $338.97 40.0 96% 2022 $275,105,453 386 $712,708 $630,000 $359.23 23 98% % Change -28% -28% 0% -2% -6% 74% -2% SINGLE FAMILY SALES VOLUME 2022 2021 UNITS SOLD 2023 2022 277 386 $196,758,585 $275,105,453 888.70.CHASE | chaseinternational.com Information gathered from MetroList 09/30/2023
Granite Bay
2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $265,254,039 205 $1,293,922 $1,200,000 $409.38 48 97% 2022 $320,864,532 228 $1,407,301 $1,220,000 $423.04 23.0 97% % Change -17% -10% -8% -2% -3% 109% 0% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 205 228 $265,254,039 $320,864,532
Lincoln 2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $487,333,118 708 $688,324 $625,000 $554.98 39.0 98.75% 2022 $645,529,316 908 $710,935 $670,000 $344.56 21.0 99.72% % Change -25% -22% -3% -7% 61% 86% -1% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 708 908 $487,333,118 $645,529,316 888.70.CHASE | chaseinternational.com Information gathered from MetroList 09/30/2023
Twelve Bridges
2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $111,240,791 122 $911,810 $750,000 $326.27 41 98.42% 2022 $127,668,768 141 $905,452 $749,999 $342.04 26 100.35% % Change -13% -13% 1% 0% -5% 58% -2% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 122 141 $111,240,791 $127,668,768
SALES VOLUME 2023 2022
2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $140,464,293 120 $1,170,536 $867,500 $461.02 57.0 96.6% 2022 $181,482,320 129 $1,406,840 $1,050,000 $472.34 30 94.95% % Change -23% -7% -17% -17% -2% 90% 2% SINGLE FAMILY UNITS SOLD 2023 2022 120 129 $140,464,293 $181,482,320 888.70.CHASE | chaseinternational.com Information gathered from MetroList 09/30/2023
Loomis
Rocklin 2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $429,982,835 567 $758,347 $680,000 $334.93 39.0 97.45% 2022 $515,791,375 685 $752,980 $710,000 $346.50 18.0 98.62% % Change -17% -17% 1% -4% -3% 116% -1% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 567 685 $429,982,835 $515,791,375
Roseville 2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $889,012,903 1,359 $654,167 $615,000 $322.14 41 98.4% 2022 $1,141,123,044 1,673 $682,082 $655,000 $350.51 19.0 99.27% % Change -22% -16% -4% -6% -8% 116% -1% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 1,359 1,673 $889,012,903 $1,141,123,044 888.70.CHASE | chaseinternational.com Information gathered from MetroList 09/30/2023
Sacramento 2023 Q3 Statistics | January 1st - September 30th
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $3,205,742,834 5,328 $601,678 $545,000 $346.56 33 97.75%% 2022 $4,596,536,033 7,378 $623,006 $575,000 $364.74 19 98.24% % Change -30% -28% -3% -5% -5% 74% -99% SINGLE FAMILY SALES VOLUME 2023 2022 UNITS SOLD 2023 2022 5,328 7,378 $3,205,742,834 $4,596,536,033
*Sacramento stats include Arden Arcade, Carmichael, Curtis Park, East Sacramento, Fair Oaks, Land Park, Midtown
SALES VOLUME 2023 2022 Folsom 2023 Q3 Statistics | January 1st - September 30th 888.70.CHASE | chaseinternational.com Information gathered from MetroList 09/30/2023 Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $414,715,683 532 $779,541 $728,000 $365.97 35.0 97.38% 2022 $604,371,926 718 $841,744 $782,500 $387.26 21.0 99.34% % Change -31% -26% -7% -7% -6% 67% -2% SINGLE FAMILY UNITS SOLD 2023 2022 532 718 $414,715,683 $604,371,926
SALES VOLUME 2023 2022
2023 Q3 Statistics | January 1st - September 30th Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2023 $580,073,011 907 $639,551 $620,000 $319.98 35 98.01% 2022 $825,942,011 1,211 $682,033 $650,000 $342.83 18.0 96.63% % Change -30% -25% -6% -5% -7% 94% 1% SINGLE FAMILY UNITS SOLD 2023 2022 907 1,211 $580,073,011 $825,942,011
Elk Grove
INTRODUCING, CHASE READY Make your home ready to SELL and easy for buyers to BUY! 888 70 CHASE 916 234 0247
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
Get your home value today! chaseinternational.com/value
Chase Family of Companies
“
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
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.
CHASE GLOBAL INITIATIVE
ONE COMPANY. ONE HEART. ONE PHILOSOPHY. $7 BILLION IN 3 YEARS.
Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive properties in the Tahoe/Reno region. With more than 350 compassionate and determined REALTORS® in 14 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.
THE LEADER IN LUXURY REAL ESTATE | CHASEINTERNATIONAL.COM
ROSEVILLE REGIONAL CENTER
915 HIGHLAND POINTE, SUITE 190
ROSEVILLE, CALIFORNIA 95678
Zephyr Cove | Glenbrook | Incline Village | South Lake Tahoe | Tahoe City | Truckee Reno | Sparks | Carson Valley | Henderson | Lake Almanor | Roseville | London
