Intero's Market Report

Granite Bay, CA

Single-Family Homes



Granite Bay, CA

Tue May 11 2021
This week the median list price for Granite Bay, CA is $1,022,500 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has increased to 30. Click here to stay informed with the Granite Bay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Granite Bay, CA

Tue May 11 2021
This week the median list price for Granite Bay, CA is $1,022,500 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has increased to 30. Click here to stay informed with the Granite Bay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Granite Bay market.
Median List Price $1,022,500
Median Price of New Listings $925,000
Per Square Foot $352
Average Days on Market 39
Median Days on Market 18
Price Decreased 27%
Price Increased 10%
Relisted 7%
Inventory 30
Median Rent $3,748
Market Action 71
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,799,900 7,100 2.5 - 5 acres 5 5 20 1 0 112
$1,488,000 3,025 1 - 2.5 acres 4 3 42 2 2 7
$944,474 3,147 8,000 - 10,000 sqft 4 3 20 3 3 17
$679,995 2,424 0 - 4,500 sqft 3 3 23 3 2 7