Foresthill Market Report – February 2019

Single Family Homes in Foresthill

Foresthill Market Report – Real Estate Market

The Foresthill Market Report was prepared by Leilani Souza.

What is the real estate market like in Foresthill, California? According to market data from February 2019, Foresthill has 4.6 months of inventory. This represents a Neutral Market in Foresthill, CA. It’s a good neutral ground for buyers and sellers.

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

Foresthill 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.

• 23 homes for sale in Foresthill, CA
• 5 homes sold in Foresthill, CA
• 8 homes pending in Foresthill, CA

Compared to 1 month earlier, homes for sale are up 27.8%, homes sold are up 25% and homes pending are up 33.3%.

Compared to 12 months earlier, homes for sale are down 17.9%, homes sold are down 44.44% and homes pending are the same.

Foresthill Market Report – Average Price For Sale / Sold

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

• $631,000 average price of homes for sale in Foresthill, CA
• $487,000 average price of homes sold in Foresthill CA

Compared to 1 month earlier, the average for sale price decreased 0.5% and the average sold price increased 19.1%.

Compared to 12 months earlier, the average for sale price decreased 3.4% and the average sold price increased 13.8%.

We hope you found this Foresthill Market Report to be a helpful resource. The charts above show the real estate activity for single family homes in Foresthill, CA. Contact us if you’d like to know the value of your home, land 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 Foresthill real estate market for homes and land? Visit the Foresthill – Placer County, California Real Estate section. Here is a list of February 2019 Market Reports for the surrounding areas:

• Auburn Market Report
• El Dorado Hills Market Report
• Folsom 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.