Real Estate Market - Roseville, CA - January, 2007

Roseville's real estate sales in January have slowed significantly from last year, with prices falling. Last year's average home sold for $477,702 in Roseville, while this year's average sale price was $431,456, a 9.7% drop. Seen in price per square foot terms, the drop was slightly larger still, at 10.9%. The median sale price for January was $397,600, down 7.4% from January of 2006.

One encouraging sign is that the expired to sold ratio went down during this period, from 96% to 85.4%. However, at the same time overall sold unit volume was down 18.8%, from 101 units sold in January of 2006 to 82 units sold this January. The average number days of days that a sold home stayed on the market has risen from 54 last January to an average of 65 this January.