Skip to main content

Posts

Showing posts from March, 2014

Folsom / American River Canyon North Market Update - February 2014

FOLSOM Property Sales:   February property sales were 51, down -27.1% from 70 in February of 2013 and -8.9% lower than the 56 sales last month.   February 2014 sales were at their lowest level as compared to February 2013 and 2012.   February YTD sale of 107 are running -22.5% behind last year's year-to-date sales of 138. Prices:   The Median Sales Price in February was $390,000, up 12.7% from $346,000 in February 203 and down -5.5% from $412,500 last month.   The Average Sales Price in February was $419,726, up 17.5% from $357,284 in February 2013 and up 4.9% from $400,216 last month.   February 2014 ASP was at it's highest level as compared to February 2013 and 2012. Inventory & Month's Supply of Inventory:   With 51 homes sold last month and 139 homes currently available in Folsom, there is a 2.72 month supply of available homes.   The number of available listings is 139, up from 129 last month and up from 120 in January 2013.   The February 2014 MSI o