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Showing posts from August, 2013

Folsom / American River Canyon North Market Update - July 2013

FOLSOM Property Sales:   July property sales were 101, up 32.9% from 76 in July 2012 and -13.7% lower than the 117 sales last month.   July 2013 sales were at a mid level compared to July 2012 and 2011.   July YTD sales of 653 are running 10.5% ahead of last year's year-to-date sales of 591.   July 2013 short sale properties were 30, down -67% as compared to 90 in July 2012. Inventory &Month's Supply of Inventory (MSI):   The Median Sales Price in July was $415,000, up 26.% from $328,912 in July of 2012 and up 3.8% from $399,900 last month.   The Average Sales Price in July was $433,945, up 25.7% from $345,298 in July of 2012 and up 4.2% from $416,643 last month.   July 2013 ASP was at it's highest level as compared to July of 2012 and 2011. Average Dollar Per Square Foot for Sold Homes: July 2013   -   $198         July 2012   -   $166 June 2013  -   $198         June 2012  -   $162 May 2013  -   $195         May 2012  -   $150 April 2013 -   $178