Roseville Real Estate Hot in 2016!

Posted by Phil Boren on Wednesday, December 23rd, 2015 at 10:08am.

Roseville real estate is projected to be one of the hottest markets in the country in 2016!  According to Jonathan Smoke, the Chief Economist with Realtor.com, the Sacramento-Roseville-Arden-Arcade market was recently ranked #4 in the country on his list of markets that are "... poised for substantial growth in prices and sales" in 2016.  There are a number of factors Mr. Smoke considers such as the number of listing page views on Realtor.com, listing inventory levels, etc., and it is encouraging to see the Roseville real estate market ranked so highly - just behind the San Diego-Carlsbad area in Southern Cal.  You can read more details about the entire Top-Ten list of ranked markets across the country using this link.

According to local data MetroList® compiled by Trend Graphics® today, through the month of November the Roseville real estate market has seen a decline in listing inventory of 15.4% vs. the same month 1 year ago, an increase of 3.7% in sold properties, and an increase of 1.9% in Pended properties, all positive signs for the Roseville market.  For Placer County as a whole, the data is equally as promising over the same time period, showing a decline in inventory of 13%, an increase in sold properties of 7.4%, and an increase in pended properties of 13.8%.  Click here to see the Placer County real estate statistics.

If you're thinking of buying or selling a Roseville home, now might be the perfect time.  Get a free analysis of your home's current value by clicking here, and be sure to contact us if you have any questions.


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