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Market Update

Is the Granite Bay housing market cooling, or is it still strong?

 

Is the Granite Bay housing market cooling, or is it still strong?


The latest Q3 2025 data shows a stable, confident market. Prices remain steady, homes continue to sell, and buyer activity reflects seasonal pacing rather than a slowdown.  This is what the data tells us...

 

1. Stable Luxury Performance

Granite Bay continues to trade in the upper tier. Most homes close above $1.2 million, reflecting consistent demand in the luxury bracket. Quarter-over-quarter pricing has held firm, signaling price resilience even as the pace of sales normalizes.

 

2. Slight Rise in Days on Market

The average 37-day DOM represents a mild seasonal pause, not a pullback. Buyers are taking more time to evaluate options, while well-priced listings still move quickly—especially those under $1 million or newly renovated.

 

3. Tight Negotiation Range

Discounts remain narrow at 3–4%. Sellers who price strategically continue to command near-list outcomes. Overpriced properties linger longer and skew the average DOM upward.

 

4. Strong Price-Per-Square-Foot Performance

At $430 per sq ft, Granite Bay outperforms the Sacramento County average (under $300 per sq ft). Premium finishes, newer construction, and turnkey estates sustain this differential and confirm Granite Bay’s premium positioning.

 


Market Segments at a Glance

  • Entry Luxury (under $1 M): Shorter DOM, strong absorption, relocation-driven demand.

  • Upper Luxury ($1.5 M+): Selective buyers, slightly longer marketing time.

  • New Construction: Highest $/sq ft, lowest discount rates—turnkey properties command confidence.

 


Our Takeaway

Granite Bay isn’t cooling—it’s catching its breath.
Pricing power remains strong, but buyers are more discerning. Inventory turnover is healthy for a luxury market, and fundamentals remain solid heading into Q4 and early 2026. Expect stable prices, consistent sales, and continued confidence.

 


What This Means for Homeowners and Buyers

Homeowners:

If you’re considering listing, conditions remain favorable. Buyers are active, but they expect accurate pricing and turnkey presentation.

Buyers:

Slightly longer days on the market offer more breathing room to negotiate—without major price drops.

 


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