Roseland Real Estate Market Extends Weakening in Contracts

Sales dropped in the Roseland market to three homes sold over the last 30 days. It's also under a solid downward trend in the number of contracts closing, with this week's number falling to one. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose to $404,000 over the latest reporting period for Roseland, up from $389,500. In spite of contracts trending lower, there are only three months of inventory available, which signals that Roseland is a still seller's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Roseland:

$465K   $469K   $385K  

Get started right now by checking out Roseland homes for sale or reviewing Roseland real estate trends.

Demographic facts for Roseland:

  • There are 5.5% vacant homes here.
  • The area gets 265 sunny days a year. (U.S. average: 205)
  • The student per librarian ratio in this area is 4,782:1. (803:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
CENTURY 21 Bundesen
5 reviews
StoneWater Real Estate, LLC
Snapped 1 home in this area

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