Latest snapshot: the three months ending August 2026
The median sale price rose a modest 3.5% year-over-year, yet price per square foot climbed nearly 10%, suggesting buyers favored smaller, higher-quality homes this summer.
Sales in the affluent Placer County community slipped slightly from a year ago, but a strong spring-to-summer pickup and steady 21-day sale times point to a market still tilted toward sellers.
Homes in the upscale suburb spent 24 days on the market this spring, well above last year's pace, even as prices edged higher and inventory tightened.
Buyers in the affluent Placer County enclave have time to think again, with typical listings now lingering five times longer than they did a year ago.
A higher home price has erased almost all the relief from a lower mortgage rate, leaving Granite Bay buyers paying $114 more per month than last June.
Median sale prices climbed past $1.45 million in the three months ending April, even as homes spent nearly twice as long on the market as a year earlier.
Even as the median price climbed nearly 4% year-over-year in March, buyers took far longer to commit and nearly a third of listings cut their asking price.