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 |
Elite Properties is an independent real estate brokerage serving Amador, Sacramento, Placer, and El Dorado Counties. We excel at hiring quality agents and Internet marketing. Referrals welcome!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
Sales volume is up, prices are down. Some agents are portraying this as good news. It is correcting the excess inventory.
Yikes.