Sacramento Real Estate Views

Roseville Home Sales Roller Coaster!

The Trend? What Trend!

The Roseville real estate market of the first quarter of 2009 has been a little topsy turvy.  It’s not quite clear what direction the market is going as sales and average sales prices have been up and down in the first three months of this year.

I checked these numbers 3 times as I was in doubt as to whether or not they were accurate.  The Rocklin real estate market didn’t have the same result in the same time period so I naturally thought that I’d made a mistake but it doesn’t look like it.

“Honey! Our House is Worth What?!”

The stats reflect that any comparable market analysis is only valid for the moment it’s done.  It’s like interest rates in a way.  Interest rates are changing every moment.  In Roseville, this is what’s happened with home prices in the first quarter of 2009.

UP January, down february, UP March

Sales of existing homes in the Roseville real estate market were up, down and up for the first three months of this year.  The graph shows a bit of a roller coaster ride through the quarter.  I felt that February was a little slower than normal but I didn’t think it was that slow.

In January, there were 104 homes sold in all zip codes, in February 78 homes sold and in March 126 homes were sold. Sounds like Magic Mountain!

With all the uncertainty out there, this doesn’t surprise me but what does is that it’s somewhat isolated in Roseville.  Rocklin showed more consistent results in the first quarter.

Average Sales Price Takes a Ride @ 6 Flags Over Roseville!

This is just as odd as the sales numbers.  While average sales prices is one indiator of value, especially in the short term, the numbers for any given area are usually somewhat consistent either up or down but an up and down pattern is odd.  Again this made me think that I totally goofed in my research but this is what came up consistently.

It will be interesting to see how the April numbers turn out.

Selling a Home in Roseville?

These stats are just part of the equation to finding the value of any home in any neighborhood.  When determining the value for a home, you’ve got to get much more specific than this to get a bead on the price that will result in a sale.  Neighborhood sales, price per square foot, condition and other factors come into play when assessing a specific home.

What’s you’re home worth?  Great question considering the direction of the market over the last few years.  If you’d like to know your home value, free of charge or obligation, please click here , fill out the form and I’ll be happy to get it to you quickly.

Thanks for visiting!

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Tags: roseville homes for sale, roseville real estate

This entry was posted on Thursday, April 16th, 2009 at 5:30 am and is filed under Home Sales Reports, Roseville. 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.

1. Wes Brown said at September 10th, 2009 at 10:54 pm

   I agree it’s like a roller coaster. Do you think that part of the reason for that is the disparity in homes. My wife and I own I home in Roseville, but I know that only a few blocks away the homes sell for 25% less than the homes on my block. There are pockets all over Roseville where the prices are much higher area where they very low. Sometimes the low priced areas get hot a number of home sell, thus effecting the average home price.

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