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Roseville Real Estate > Market Info > April, 2006
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Real Estate Market Update - Roseville, CA - April, 2006T.S. Eliot began his poem, "The Wasteland", with the line, "April is the Cruelest Month". Certainly there was not much joy to be had in April's statistics for Roseville real estate sales, with the market seeing even more slowing than in February and March. April's unit volume of 116 sold units through the MLS was down 43.4% from last year's number of 205 units, while days on market more than doubled, from 20 days on average last April to 49 days on market this April. At the same time, some ten times as many listings expired this year as last (74 expireds this year versus 7 last year), changing the expired to sold ratio from an inconsequential 3.4% to an alarming 63.8%. Roseville sellers saw their homes grow 2.8% on a cost per square foot basis over this period, while the median sale price dropped 3.8% from last April's $442,000 to $425,000 this April. The average home that sold in April listed for $474,633, and sold for 98% of list, fetching $466,972. |
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