Auburn Market Report – February 2019

Single Family Homes in Auburn

Auburn Market Report – Real Estate Market

The Auburn Market Report was prepared by Leilani Souza.

What is the real estate market like in Auburn, California? According to market data from February 2019, Auburn has 3 months of inventory. This means that it is a Neutral Market in Auburn, CA. This is a good place to be for buyers and sellers.

How do we calculate the months of inventory? Find out in the next section.

Auburn Market Report – For Sale / Sold / Pending

The number of properties for sale divided by the number of properties sold equals the months of inventory. It is a Neutral Market when there are 3-6 months worth of inventory. A Buyer’s Market is when the current inventory exceeds 6 months. When there is less than 3 months of inventory, it is a Seller’s Market.

• 109 homes for sale in Auburn, CA
• 36 homes sold in Auburn, CA
• 60 homes pending in Auburn, CA

Compared to 1 month earlier, homes for sale are down 16.2%, homes sold are down 5.3% and homes pending are up 17.6%.

Compared to 12 months earlier, homes for sale are up 13.5%, homes sold are down 35.7% and homes pending are up 5.3%.

Auburn Market Report – Average Price For Sale / Sold

The average for sale price is Appreciating and the average sold price is Neutral.

• $771,000 average price of homes for sale in Auburn, CA
• $550,000 average price of homes sold in Auburn, CA

Compared to 1 month earlier, the average for sale price increased 3.4% and the average sold price increased 0.9%.

Compared to 12 months earlier, the average for sale price increased 6.8% and the average sold price decreased 0.4%.

We hope you found this Auburn Market Report to be a helpful resource. The charts above show the real estate activity for single family homes in Auburn, CA. Contact us if you’d like to know the value of your home, condo or rental property. If you want more information about a specific neighborhood or if you have any questions, we’d love to hear from you too!

Bob Souza (925) 513-3400
Leilani Souza (916) 408-5500

Interested in the latest news about the Auburn real estate market for homes, condos and land? Visit the Auburn – Placer County, California Real Estate section. Here is a list of February 2019 Market Reports for the surrounding areas:

• El Dorado Hills Market Report
• Folsom Market Report
• Foresthill Market Report
• Granite Bay Market Report
• Lincoln Market Report
• Loomis Market Report
• Meadow Vista Market Report
• Newcastle Market Report
• Penryn Market Report
• Rocklin Market Report
• Roseville Market Report

All reports are published March 2019, based on data available at the end of February 2019. All reports presented are based on data supplied by the MetroList MLS. The MetroList MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the MetroList MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.