Finishing up our series of Roseville Market snapshots (for now -- anyway -- we may have an aggregate market update for Roseville available soon), here is a snapshot of market data for West Roseville (95747) for May, 2008. This snapshot reprinted by permission from the Roseville Real Estate Blog.
| Units Sold | May, 2007 | May, 2008 | Change | |
| Foreclosures Sold | 12 | 36 | 200.00% | |
| (% of total units) | 18.75% | 42.35% | ||
| Short Sales Sold | 4 | 11 | 175.00% | |
| (% of total units) | 6.25% | 12.94% | ||
| Non-distressed Sold | 48 | 38 | -20.83% | |
| (% of total units) | 75.00% | 44.71% | ||
| Total | 64 | 85 | 32.81% | |
| Prices | May, 2007 | May, 2008 | Change | |
| Sold Price / Square Foot | $230.26 | $172.48 | -25.09% | |
| Average List Price | $472,039 | $400,729 | -15.11% | |
| Average Sale Price | $461,728 | $387,516 | -16.07% | |
| Sold Last 12 Months | Active | Months of Inventory |
| 723 | 344 | 5.7 |
This Central Roseville real estate market snapshot is reprinted by permission of the Roseville Real Estate Blog. It covers the period of May, 2008 with inventory figures as of June. This report is based on MLS data and covers Roseville 95678.
| Units Sold | May, 2007 | May, 2008 | Change | |
| Foreclosures Sold | 7 | 32 | 357.14% | |
| (% of total units) | 16.67% | 56.14% | ||
| Short Sales Sold | 2 | 6 | 200.00% | |
| (% of total units) | 4.76% | 10.53% | ||
| Non-distressed Sold | 33 | 19 | -42.42% | |
| (% of total units) | 78.57% | 33.33% | ||
| Total | 42 | 57 | 35.71% | |
| Prices | May, 2007 | May, 2008 | Change | |
| Sold Price / Square Foot | $223.99 | $162.71 | -27.36% | |
| Average List Price | $368,172 | $295,658 | -19.70% | |
| Average Sale Price | $359,077 | $288,693 | -19.60% | |
| Sold Last 12 Months | Active | Months of Inventory |
| 456 | 230 | 6.1 |
This market snapshot covers the period May, 2008 for East Roseville, California (95661). Reprinted by permission from http://www.rosevillehomesandland.com.
| Prices | May, 2007 | May, 2008 | Change | |
| Sold Price / Square Foot | $229.39 | $190.22 | -17.08% | |
| Average List Price | $421,297 | $405,650 | -3.71% | |
| Average Sale Price | $407,416 | $395,374 | -2.96% | |
| Sold Last 12 Months | Active | Months of Inventory |
| 247 | 152 | 7.4 |
| Units Sold | May, 2007 | May, 2008 | Change | |
| Foreclosures Sold | 2 | 11 | 450.00% | |
| (% of total units) | 9.09% | 37.93% | ||
| Short Sales Sold | 2 | 0 | -100.00% | |
| (% of total units) | 9.09% | 0.00% | ||
| Non-distressed Sold | 18 | 18 | 0.00% | |
| (% of total units) | 81.82% | 62.07% | ||
| Total | 22 | 29 | 31.82% | |
Here's a roundup of some of the real estate market updates that Elite Properties bloggers published in May in Sacramento County. Generally these articles deal with sales for the previous month (April):
East Florin / Churchhill Downs
Sacramento County Condo Market
Sacramento County Real Estate Market Part I and Part II.
Overall the story for our entire area is one where prices have fallen heavily, and demand has turned a corner and is picking up. Even the Sac Bee is picking up the story of a real estate recovery.
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