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Growth Predicted in Home Renovations...

Home Renovations on the Rise....

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Folsom / American River Canyon North Market Update - October 2015

FOLSOM Property Sales:  October property sales were 107, up 30.5% from 82 in October of 2014, and  5.9% higher than the 101 sales last month.   October 2015 sales were at their highest level as compared to October of 2014 and 2013.   October  YTD sales of 952 are running 8.8% ahead of last year's year-to-date sales of 875. Prices:   The Median Sales Price in October was $442,000, up 7.8% from $410,000 in October of 2014 and up 4.7% from $422,000 last month.   The Average Sales Price (ASP) in October was $467,090, up 8.6% from $430,200 in October of 2014 and up 7.0% from $436,542 last month.   The  October ASP was at it's highest level as compared to October of 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of October was 137, down -19.4% from 170 last month and down -32.8% from 204 in October of last year.   Currently, there is a 1.3 month supply of inventory. Average Dollar Per Square Foot - Sold
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American River Canyon North - February Market Update

AMERICAN RIVER CANYON NORTH Property Sales:    0 Total - Unchanged                                         Last List Price /  Sold Price      Prices - Average Sales Price / Dollar Per Square Foot:                             2016                                 2015                               2014                                               J an                  no sales                  $729,100 / $194         $545,000 / $176         Feb                    no sales                  668,333 /   192           637,500 /    212          March                                                 604,750 /   191           709,995 /   187         April                                                    665,400 /  187            654,098 /   180        May                                                    799,900 /   228           765,000 /   172     (1 sale in May 2015) June                                                   827,100 /   208           629,125 /   206
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Folsom / American River Canyon North Market Update - August 2015

FOLSOM Property Sales:  August property sales were 99, down -2.9% from 102 in August of 2014, and  -20.2% lower than the 124 sales last month.   August 2015 sales were at their lowest level as compared to July of 2014 and 2013.   August YTD sales of 738 are running 7.3% ahead of last year's year-to-date sales of 688. Prices:   The Median Sales Price in August was $435,000, up 1.9% from $427,000 in August of 2014 and down -4.3% $454,594 last month.   The Average Sales Price in August was $445,739, down -2.6% from $457,656 in August of 2014 and down -3.6% from $462,449 last month.   The August ASP was at mid range as compared to August of 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of August was 194, down -2.9% from 204 last month and down -15.4% from 234 in August of last year.   Currently, there is a 2 month supply of inventory. Average Dollar Per Square Foot - Sold Homes:                     2015  
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