Real Estate Market Update for Granite Bay, CA
Welcome to December's Market Update. Lets take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 33% from one year earlier, and down 12% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 1.05-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 19%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 710-thousand dollars. The number of units sold was consistent year-over-year, and decreased 22% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Granite Bay, CA
Area Information for Granite Bay, CA
  • Population: 21,028
  • Median Age: 48.37 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 976/sq mi
  • Population Change Since 2000: 7.77%
  • Closest Airport: Sacramento International
  • Closest College: Mount Saint Joseph Seminary
  • Closest Jr. College: Sierra College-rocklin Campus
  • Median Household Income: $118,285
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $670,000
  • Closest Major Sports Team: Sacramento Kings
  • Change Avg. Household Income Since 2000: 17.48%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Granite Bay, CA
Median Age: 48.37 Married: 56% Number of Households: 7,422 Households with Children: 2,779
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Granite Bay, CA

      School Name Distance Type Grades School Rating Parent Rating
      Granite Bay School House 0.4 mi Private PRESCHOOL-K 0 0
      Greenhills Elementary School 0.6 mi Public PRESCHOOL-3 0 0
      Olympus Junior High School 0.7 mi Public 7-8 5 4
      Excelsior Elementary School 0.7 mi Public 4-6 4 5
      Granite Bay High School 0.8 mi Public 9-12 4 4
      Ridgeview Elementary School 1.0 mi Public 4-6 5 0
      Granite Bay Montessori School 1.0 mi Private PRESCHOOL-8 0 0
      Oakhills Elementary School 1.1 mi Public K-3 0 0
      Placer Learning Center 1.3 mi Private K-12 0 0
      Stoneridge Elementary School 1.3 mi Public K-6 4 0
      George Sargeant Elementary School 1.4 mi Public PRESCHOOL-5 4 0
      Maidu Elementary School 1.5 mi Public K-3 0 0
      Warren T. Eich Middle School 2.3 mi Public 6-8 4 0
      Crestmont Elementary School 2.4 mi Public K-5 3 0
      Oakmont High School 2.5 mi Public 9-12 5 3
      Christian Life Academy 2.7 mi Private K-12 0 0
      Willma Cavitt Junior High School 2.7 mi Public 7-8 5 0
      Merryhill School 3.9 mi Private PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Granite Bay, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.