Granite Bay Housing Market Report – March 2026

Here's a look at how the Granite Bay, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 24
Median Sale Price: $1,325,000
Average Sale Price: $1,304,208
Average Price Per Sq Ft: $433
Average Days on Market: 66
Sale-to-List Price Ratio: 99.3%

Month-Over-Month Trends

Compared to February, the median sale price in Granite Bay moved 3.6% down (from $1,375,000 to $1,325,000). The number of homes sold was 60.0% up compared to the prior month (15 vs. 24). Average days on market shifted 20.5% down (83 days to 66 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 1.9% down (from $1,350,000 to $1,325,000). Sales volume is 27.3% down year-over-year.

What This Means

Granite Bay's March numbers tell a story of seasonal momentum mixed with underlying softness. Sales volume jumped 60 percent month-over-month to 24 homes, which looks impressive until you remember we're entering spring—the traditional busy season when inventory moves and buyers emerge from winter doldrums. More telling is the year-over-year decline of 27 percent, suggesting that even with seasonal tailwinds, fewer people are buying here than a year ago. The median price of $1.325 million is down 3.6 percent from February and 1.9 percent from March 2025, pointing to modest downward pressure despite the sales activity uptick.

What's encouraging is that homes are selling closer to asking price (99.3 percent) and spending less time on the market (66 days average). This suggests the homes that are moving are priced competitively and attracting serious buyers. However, the gap between active listings' median asking price of $1.137 million and what's actually selling signals potential overpricing in the current inventory—sellers may need to recalibrate expectations as we move deeper into spring. Overall, Granite Bay feels like a slower market finding its footing, with seasonal tailwinds partially offsetting longer-term buyer hesitation.

Granite Bay Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
95746	23	$1,300,000	$429	66
95661	1	$2,257,000	$534	69

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	23	$1,350,000	$447
MOBILE	1	$35,000	$106

Sales by Price Range

Price Range	Homes Sold
Under $100K	1
$500K - $749K	2
$750K+	21

Current Active Listings

As of this report, there are 88 active listings in Granite Bay with a median asking price of $1,137,000 and an average of 72 days on market.

Thinking About Selling Your Granite Bay Home?

If you're a homeowner in Granite Bay considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Granite Bay and throughout the Central Valley — get a no-obligation cash offer today.