FOLSOM: No significant change in the number of available homes in Folsom over the last several months. However, the number of pending sales has increased sharply by 27 homes since January. At this current rate of absorption, Folsom has a 2.25 month supply of available homes which is reflective of a stable real estate market.
Housing Stats for February 2012*:
Current Properties for Sale: 220 Price Range: $75,000 - $1,188,000
Properties Sold in January: 68 $56,000 - $565,000
Properties Sold in February: 62 $76,500 - $764,312
Current Pending Sales: 140 $96,500 - $949,000
January Sold Homes by number of units in each price bracket:
$100,000's - 7 $200,000's - 29 $300,000's - 16
$400,000's - 5 $500,000's - 2 $600,000's - 1
$700,000's - 2 $800,000's - 0 $900,000+ - 0
AMERICAN RIVER CANYON NORTH: There continues to be a very short list of available homes in the north canyon, but list prices continue to gently soften for the majority of active listings. In February 2011 the average price per square foot of the active listings was $186.56 compared with this February's average of $160.77. Three homes have gone pending in the last week so there will be new closings in the next 30-45 days.
Current ARC North Stats: 9 Active Lisings, 1 Active Short Sale, 5 Short Sale Contingent, 3 Pendings, and 0 Sold/Closed since 2/1/12.
Changes to the ARCN Market since 2/1/12:
New Listings:
150 Am Rvr Cyn Dr $519,000 4 bed / 3 ba 3,292sf YB: 1989
New Pending Sales:
226 Am Rvr Cyn Dr $437,900 5 bed / 3.5 ba 3,619sf YB: 1990 Short Sale
175 Tomlinson Dr $505,900 5 bed / 5.5 ba 3,909sf YB: 1990
107 Copper Creek Dr $699,950 4 bed / 3 ba 3,493sf YB: 1990
CLICK LINK FOR ARC NORTH February 2012 Sales Data
Robin's Marketing Minute - We'll Make Your Home A Showcase For The World To See
The country's four leading real estate websites are: Realtor.com, Trulia, Zillow and Yahoo! Real Estate. Knowing this, Coldwell Banker has partnered with these four sites to ensure that all of our listings are Showcase Enhanced/Featured Listings.
Showcase Enhanced/Featured Listings are viewed an estimated three times more than traditional listings on these important sites and include a highlighted bar to help your home stand out amongst the other online listings, multiple photographs of your property and a detailed written property description. Fewer than 10% of listings on these sites are Showcase Enhanced/Featured Listings so those that are, are far more prominent and are easily identifiable by being larger than the standard listings and provide the details and features that will entice potential buyers. Featured Listings are prioritized in the search results thanks to the site's default that ensures Featured Listings appear before other standard listings.
Visit my website Robin Kaplan.com to follow my ARCN/Folsom blog, get updated seller and buyer information, property searches (plus a mobile app), mortgage calculators and much, much more!
*Source: Metrolist MLS Data
Housing Stats for February 2012*:
Current Properties for Sale: 220 Price Range: $75,000 - $1,188,000
Properties Sold in January: 68 $56,000 - $565,000
Properties Sold in February: 62 $76,500 - $764,312
Current Pending Sales: 140 $96,500 - $949,000
January Sold Homes by number of units in each price bracket:
$100,000's - 7 $200,000's - 29 $300,000's - 16
$400,000's - 5 $500,000's - 2 $600,000's - 1
$700,000's - 2 $800,000's - 0 $900,000+ - 0
AMERICAN RIVER CANYON NORTH: There continues to be a very short list of available homes in the north canyon, but list prices continue to gently soften for the majority of active listings. In February 2011 the average price per square foot of the active listings was $186.56 compared with this February's average of $160.77. Three homes have gone pending in the last week so there will be new closings in the next 30-45 days.
Current ARC North Stats: 9 Active Lisings, 1 Active Short Sale, 5 Short Sale Contingent, 3 Pendings, and 0 Sold/Closed since 2/1/12.
Changes to the ARCN Market since 2/1/12:
New Listings:
150 Am Rvr Cyn Dr $519,000 4 bed / 3 ba 3,292sf YB: 1989
New Pending Sales:
226 Am Rvr Cyn Dr $437,900 5 bed / 3.5 ba 3,619sf YB: 1990 Short Sale
175 Tomlinson Dr $505,900 5 bed / 5.5 ba 3,909sf YB: 1990
107 Copper Creek Dr $699,950 4 bed / 3 ba 3,493sf YB: 1990
CLICK LINK FOR ARC NORTH February 2012 Sales Data
Robin's Marketing Minute - We'll Make Your Home A Showcase For The World To See
The country's four leading real estate websites are: Realtor.com, Trulia, Zillow and Yahoo! Real Estate. Knowing this, Coldwell Banker has partnered with these four sites to ensure that all of our listings are Showcase Enhanced/Featured Listings.
Showcase Enhanced/Featured Listings are viewed an estimated three times more than traditional listings on these important sites and include a highlighted bar to help your home stand out amongst the other online listings, multiple photographs of your property and a detailed written property description. Fewer than 10% of listings on these sites are Showcase Enhanced/Featured Listings so those that are, are far more prominent and are easily identifiable by being larger than the standard listings and provide the details and features that will entice potential buyers. Featured Listings are prioritized in the search results thanks to the site's default that ensures Featured Listings appear before other standard listings.
Visit my website Robin Kaplan.com to follow my ARCN/Folsom blog, get updated seller and buyer information, property searches (plus a mobile app), mortgage calculators and much, much more!
*Source: Metrolist MLS Data
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