FOLSOM : Folsom and the surrounding areas are still seeing multiple offers under $450,000. However, I am starting to sense a slight pull back from buyers who have taken a beating trying to compete in this price range, and some buyers are reconsidering if they want to continue to pursue properties in this competitive real estate market. The market activity continues to be brisk, but the number of solds decreased by 11 homes overall between May and June. The inventory of available homes is still low and there is a 1.77 month supply of homes available in Folsom. The dollar per square foot average for sold homes in Folsom: June 2012 $162.31 June 2011 $151.48 Housing Stats for June 2012* Properties for Sale w/o Active Short Sale Contingent Status: 79 $170,000 - $1,100,000 All Properties Showing Active in the MLS 180 $ 90,000 - $1,100,000 Properties Sold in May 2012 9