Granite Bay inventory and sales continue to shift. The median list price in Granite Bay this week is $856,400. The 92 properties currently actively listed for sale have been on the market for an average of 161 days.
The market action index has been climbing lately, while days on market are trending down. These point to a positive near-term outlook for the market.
Supply and demand: The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes. For complete market reports in Placer County, email info@sierrarock.com or check www.sierrarock.com for updates weekly.
The chart below is interactive and goes back to 2008, to see complete trend activity (slide the arrow to the left):
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