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Showing posts from February, 2013

Check out my new listing. A truly amazing home located at 146 Tomlinson Drive, Folsom CA 95630, USA

Folsom / American River Canyon North Market Update

Folsom Property Sales:   Property sales were 62, down -14.1% from 71 in January 2012 and -25.6% lower than the sales last month.  January 2013 sales were at a mid level compared to January 2012 and 2011.  January YTD sales of 62 are running-14.1% behind last year's YTD sales of 71. Prices:   The Median Sales Price in January was $354,000, up 33.6% from $265,000 in January 2012 and up 0.4% from $352,500 last month.  The Average Sales Price in January was $363,551, up 26.1% from $288,269 in January 2012 and down -3.2% from $375,391 last month.  January ASP was at it's highest level as compared to January 2012 and 2011. Inventory & Month's Supply of Inventory (MSI);   With 62 homes sold last month and 54 homes currently available in Folsom, there is less than a one month supply of available homes.  Most sellers are still receiving multiple offers. Average Dollar Per Square Foot for Sold Homes:   November 2011  -  $153        November 2012  -  $167 December 2011