When considering buying or selling a home in Granite Bay it pays to have the inside information. Granite Bay homes for sale can either sit on the market or disappear in a flash. It all depends on knowing the market and knowing it well.
For example, did you know that there were 82 sales in the Granite Bay zip code over the last 6 months?
Here is a quick rundown of those sales that occurred in Granite Bay over the last half year:
| The lowest priced home went for $204,00. It was a 4 bedroom, 2 bathroom home with 1142 sq ft living space. |  |
 | The highest priced home went for $$1,766,125. It was a 6 bedroom, 5 bathroom home with 5,139 sq ft of living space. It was a what I consider a 'Green Home' with solar power and a yearly electrical bill in the range of $600. Wow. |
The average price of a home was $673,783 but the median price was only $586,000.
Consider that the average price of a home in Roseville (directly adjacent to Granite bay) was only $325,000
Property values declined approx -15% over the last year.
Average decline in the surrounding region was -21%. SO that means Granite Bay still holds it's value better.
Average days on market (cumulative) before a home sold was 104 days.
Average time for the final listing before it sold was only 69 day. That is almost a 40% difference in timeframe. This means that proper pricing the first go around is of utmost importance considering property values are declining at over -1% per month...
Buying and Selling real estate in Granite Bay is always better when you have the inside access and information. As you can see, the price point to live in one of Money Magazines Top 100 places to live in the entire United States ranges from the low $200's to well over a million. Fact is, the residents of both those homes go to the same award winning schools and have access to the same recreation opportunities and fantastic area amenities. Location does make a difference. So if you are looking to make the move, learn the secrets to living, working and thriving from a local expert. Go with the expert and go Granite Bay.
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Jason Elrod
Broker / Realtor
Keller Williams Realty
916-626-4266
http://www.GraniteBayHomesAndLifestyle.com
