Unlike other areas in Placer County and Sacramento County, Auburn’s real estate market has not showed a recent "bump" in sales numbers, despite the fact that prices have fallen fairly substantially in Auburn over the last year. 

In May of 2008, thirty-three homes sold in Auburn, down 5.7% from last May’s volume of thirty-five units.  Seventeen of these thirty-three units (just over half) were non-distressed sales, while 39.4% were foreclosures and 9.1% were short sales.  The average sale price in May was $422,464, down 18.7% from last May’s average of $519,611.  Sold price per square foot was down 29.1% during the same period, from $267.46 in May of 2007 to $189.75 in May of 2008.

Auburn can be characterized as a sluggish buyer’s market, with 12.3 months of inventory overall.