Following up on our report for West Roseville, here is our report for Central Roseville. Prices have dropped slightly more than in West Roseville, and (as you might expect), unit volume has increased slightly more as a result. On the other hand, Central Roseville has slightly more inventory to work through, but overall the differences between the two markets are quite small.
Unit Volume Data
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%
Price Data
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%
Inventory
Sold Last 12 Months
Active
Months of Inventory
456
230
6.1
This entry was posted on Tuesday, June 17th, 2008 at 10:15 am and is filed under Uncategorized.
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