March 7, 2019
Loomis Market Report – February 2019
Single Family Homes in Loomis
Loomis Market Report – Real Estate Market
The Loomis Market Report was prepared by Leilani Souza.
What is the real estate market like in Loomis, California? According to market data from February 2019, Loomis has 1.8 months of inventory. It is a Seller’s Market in Loomis, CA. Home sellers need a real estate broker with experience and we have 20 years of that. We specialize in custom estates and homes on acreage and we also live in Loomis.
How do we calculate the months of inventory? Find out in the next section.
Loomis 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.
- 27 homes for sale in Loomis, CA
- 15 homes sold in Loomis, CA
- 9 homes pending in Loomis, CA
Compared to 1 month earlier, homes for sale are down 10%, homes sold are up 36.4% and homes pending are down 55%.
Compared to 12 months earlier, homes for sale are down 15.6%, homes sold are up 66.7% and homes pending are down 35.7%.
Loomis Market Report – Average Price For Sale / Sold
The average for sale price is Neutral and the average sold price is Neutral.
- $1,185,000 average price of homes for sale in Loomis, CA
- $683,000 average price of homes sold in Loomis, CA
Compared to 1 month earlier, the average for sale price decreased 2.2% and the average sold price increased 12.2%.
Compared to 12 months earlier, the average for sale price decreased 17.4% and the average sold price decreased 5.5%.
We hope you found this Loomis Market Report to be a helpful resource. The charts above show the real estate activity for single family homes in Loomis, 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!
Interested in the latest news about the Loomis real estate market for homes and land? Visit the Loomis – 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
- Foresthill Market Report
- Granite Bay Market Report
- Lincoln 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.