Here is a report on market data for West Roseville for May of 2008. Sales are down, but unit volume is up almost 33% from last year, resulting in overall inventory numbers of less than six months.
Unit Volume Data
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%
Price Data
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%
Inventory
Sold Last 12 Months
Active
Months of Inventory
723
344
5.7
This entry was posted on Saturday, June 14th, 2008 at 8:08 am and is filed under Uncategorized.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
