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| Name | **Weekly Placer County Real Estate Market Update | Key Trends & Insights** |
| Video Uploader | Video From Jayson Flory Real Estate |
| Upload Date | This Video Uploaded At 05-07-2024 15:05:06 |
| Video Discription | Hello, and thank you for tuning back into our weekly Placer County real estate market update! Thanks for being patient with me as I was out last week on vacation in Huntington Beach, celebrating a birthday. But now I’m back and ready to dive into this week's market trends, listings, and more! 🏠 **Timestamps:** - **0:00 - Introduction**: Welcome Back! Weekly Update Kickoff - **0:45 - Vacation Recap**: Why I Was Out Last Week - **1:30 - Market Overview**: Current Trends and Insights - **2:15 - Active Listings**: Number of Homes on the Market - **2:45 - Back on Market**: Homes Returning to the Market - **3:30 - New Contracts**: Homes Going Into Contract - **4:15 - Price Drops**: Analyzing Recent Price Reductions - **5:30 - Closed Escrows**: Homes Closing and Keys Handed Over - **6:15 - Median Home Analysis**: Typical Property Overview - **7:30 - Most Expensive Listing**: High-End Property Spotlight - **9:00 - Unique Event**: Something Unprecedented in the Market - **10:30 - Detailed Property Analysis**: Median Home and High-End Listing - **13:00 - Conclusion**: Recap and Looking Ahead 🔑 **Key Takeaways:** - Overview of market trends and key indicators - Insights on active listings, back on market, new contracts, and price drops - Detailed look at the median home and the most expensive listing in Placer County - Highlight of an unprecedented event in the market - Importance of staying updated with market changes for buyers and sellers **Trending Keywords:** Placer County Real Estate, Market Update, Real Estate Trends 2024, Active Listings, Price Drops, New Contracts, Closed Escrows, Median Home, High-End Real Estate, Property Analysis --- Make sure to like, comment, and subscribe for more expert real estate tips and insights! Don’t forget to hit the bell icon to stay updated with our latest videos. Let’s navigate the Placer County real estate market together! 🚀💼 --- **Detailed Description:** Hello, and thank you for tuning back into our weekly Placer County real estate market update. I appreciate your patience while I was out last week on vacation in Huntington Beach. As you can see behind me, it was a beautiful getaway for a birthday celebration. But now, let's dive into what's happening this week in the world of Placer County real estate. We’ll discuss the latest trends, new listings, price changes, and everything else you need to know. Plus, we’ve got a sneak peek at the median home on the market and the most expensive property currently listed in Placer County. And there's one thing that happened this week that has never happened before in our updates, so stick around to find out what that is! **Market Overview:** We had 264 active homes on the market, down from 273. There were 26 homes that came back on the market, making up 10% of the total. This past week, 141 homes went into contract, with a notable contribution from Valina, who got an accepted offer. That's up from 122 last week. Additionally, 102 properties had price drops, meaning 39% of the homes on the market are seeing reductions, a trend that's been steadily increasing. **Median Home Analysis:** The median property is a three-bedroom, three-bath, 2086 sq ft home on 0.1 acres, listed at $699,000 and sold for $690,000. The days on market were 13, with an average of 26 days. A month ago, the average was closer to 18, indicating homes are sitting longer now. **Unprecedented Event:** For the first time this year, no homes closed at or above list price. This is significant because it shows sellers are becoming more realistic with their pricing, aiming to close within 1.5% of their list price. **High-End Listing Spotlight:** The most expensive property to hit the market this week is a $6.29 million estate in Granite Bay, with five bedrooms, five bathrooms, and over 8200 sq ft on 1.2 acres. Despite its high price, it only has a few pictures available, perhaps for privacy reasons. Thank you again for tuning in. Please like, comment, and subscribe for more updates. Your feedback is invaluable, so drop your comments below. Have a great week and a fantastic Fourth of July! [O_vwfIQp5rE] |
| Category | Education |
| Tags | Turn The Key RE |
