Roseville and Rocklin areas have decreasing inventory by the month. There are 110 less homes for sale than there were in November. Currently there are 266 homes for sale. There are 24 short sales of which 22 have seller accepted offers and waiting for lender approval. There are 2 REO’s (bank owned) .
There are 334 pending sales with average days on the market of 37. There are 623 sold listings in the last 3 months indicating excellent turnover activity. List priced to sales price average is an excellent 99.1%. There has been overbidding in this market (sold for more than list price – almost always due to multiple offer situations). Average days on market for all sold listings are solid at 35.