Even with more sales and tight inventory, the typical home spent five extra days on the market compared to last spring, a sign sellers have lost some leverage.
A modest rise in Roseville's headline sale price outpaced its price-per-square-foot gain, hinting at a shift in the kinds of homes changing hands as sales picked up.
Home sales in Folsom jumped nearly 25% from a year ago even as prices eased, keeping the market firmly tilted toward sellers despite a slightly slower pace.
Homes in the three months ending June took a week longer to find buyers than a year earlier, even as sales volume climbed and prices eased.
Active listings fell nearly 12% from a year ago while sales rose 8%, keeping the market tilted toward sellers despite a modest drop in prices.
More homes changed hands in the three months ending June than a year earlier, though buyers waited slightly longer for sellers to accept as prices barely budged.
Even with prices up and sales rising, the typical home now takes weeks longer to find a buyer than it did last spring, signaling a cooler market.
The city's median sale price rose 7.8% year-over-year while sales volume jumped nearly 19%, marking one of the region's stronger spring performances.
The median sale price rose 3.8% over the past year, yet the price buyers paid per square foot fell more than 6%, hinting at a shift toward larger homes.
Active inventory rose nearly 7% from a year ago even as buyers snapped up more homes, giving shoppers a wider selection in an otherwise tight market.