The Roseville real estate market landscape is mostly unchanged from last month. Distress sales still make up the majority of all sales here. 59% of all sales are now distress sales. In the month of December especially 54 foreclosures and 23 short sales sold, as compared with only 52 non-distressed home sales. The major difference is the year over year number for short sales: an increase of over 283%! Foreclosure sales were up by 64% and non-distressed sales declined by 7%. Overall unit volume sales increased by 36% year over year.

Average sold price per square foot in Roseville has now dropped 19.2% from its high of $182.60 to $147.46 year over year. Average sale price has dropped 15% from $364,187 to $308,579. Obviously, nothing to cheer about, unless you are looking to buy a home in or around Roseville. This is evidenced by the average home sold in Roseville, which is now 5% bigger than it was last year at the same time. Median price has also dropped – a 10% decline year over year – from $335,000 to rest at $300,600.

Inventory is at 3.9 months based on the average homes sold over the last year and 3.6 months based on the number of homes sold in Roseville in the last six months.