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 of 2.72 months was at a mid range as compared with February 2013 and 2012.
Average Dollar Per Square Foot for Sold Homes:
2014 2013 2012
February $217 $181
January 193 174
December 201 $167
November 203 168
October 211 169
September 211 168
August 208 162
July 198 166
June 198 162
May 195 150
April 178 150
March 178 151
Stats for February 2014:
Properties currently for sale w/o Short Sale Contingent 139 $199,000 - $1,288,000
(54 homes in this status in February 2013)
Short Sale Contingent / Pending Lender Approval 37 $149,999 - $ 925,000
(63 homes in this status in February 2013)
Pending Sales 106 $130,500 - $1,950,000
(62 homes in this status in February 2013)
Sold in February 2014 51 $217,000 - $ 975,000
February Sold Homes by # of Units per Price Bracket:
$100,000's - 0 $200,000's - 6 $300,000's - 20
$400,000's - 15 $500,000's - 5 $600,000's - 2
$700,000's - 2 $800,000's - 0 $900,000+ - 1
FOLSOM MARKET REPORT
*Data Source: Metrolist MLS
AMERICAN RIVER CANYON NORTH
Property Sales:
88 Twin Buttes 2997 sf / 4 bed/ 3 bath / YB 2001 / / pool / $637,500
Prices - Average Sales Price and Dollar Per Square Foot:
2014 2013 2012
February $637,500 / $212 (1 sale) $570,539 /$148 (1 sale)
January 545,000 / 176 (1 sale) 549,000 / 161 (1 sale)
December No sales $555,666 / $157
November 517,000 / 140 (1 sale) 501,125 / 135
October 575,000 / 168 (1 sale) 548,600 / 141
September 639,500 / 201 600,400 / 158
August 561,250 / 202 466,225 / 141
July 644,800 / 168 490,000 / 167
June 622,750 / 187 581,667 / 151
May 655,000 / 168 472,520 / 143
April 582,750 / 168 572,475 / 157
March 582,750 / 158 675,000 / 193 (1 sale)
Available Inventory:
206 Cascade Falls 3036 sf / 4 bed / 3 bath / YB 1989 / / / $618,000
101 Twin Buttes 2974 sf / 4 bed / 3 bath / YB 2001 / 1 story/ / 625,000
139 ARC Dr 3969 sf / 4 bed / 3.5 bath / YB 1989 / / / 649,000
138 Tomlinson 4816 sf / 5-6 bed/ 5.5 bath/ YB 1990 / / pool / 699,000
126 Carmody 3630 sf / 4 bed / 4 bath / YB 1990 / / pool / 725,000
99 Valley Falls 4243 sf / 6 bed / 3.5 bath / YB 1998 / / pool / 729,000
302 Alpine Falls 3537 sf / 4 bed / 3 bath / YB 2002 / / / 735,000
607 Broken Top 3567 sf / 4-5 bed / 3 bath / YB 2006 / / / 950,000
Pending Sales:
271 ARC Dr 3066 sf / 4-5 bed / 3 bath / YB 1992 / / pool / $615,000
226 N Falls 3981 sf / 4-5 bed / 3 bath / YB 2005 / / / 659,000
603 Broken Top 3957 sf / 5 bed / 4.5 bath / YB 2014 / / / 699,900 New home
599 Broken Top 4002 sf / 5 bed / 4.5 bath / YB 2014 / / / 709,900 New home
129 Feather Falls 3612 sf / 5 bed / 4.5 bath / YB 1998 / i story/ / 739,000
AMERICAN RIVER CANYON NORTH MARKET REPORT
*Data Source: Metrolist MLS
Robin's Marketing Minute:
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 of 2.72 months was at a mid range as compared with February 2013 and 2012.
Average Dollar Per Square Foot for Sold Homes:
2014 2013 2012
February $217 $181
January 193 174
December 201 $167
November 203 168
October 211 169
September 211 168
August 208 162
July 198 166
June 198 162
May 195 150
April 178 150
March 178 151
Stats for February 2014:
Properties currently for sale w/o Short Sale Contingent 139 $199,000 - $1,288,000
(54 homes in this status in February 2013)
Short Sale Contingent / Pending Lender Approval 37 $149,999 - $ 925,000
(63 homes in this status in February 2013)
Pending Sales 106 $130,500 - $1,950,000
(62 homes in this status in February 2013)
Sold in February 2014 51 $217,000 - $ 975,000
February Sold Homes by # of Units per Price Bracket:
$100,000's - 0 $200,000's - 6 $300,000's - 20
$400,000's - 15 $500,000's - 5 $600,000's - 2
$700,000's - 2 $800,000's - 0 $900,000+ - 1
FOLSOM MARKET REPORT
*Data Source: Metrolist MLS
AMERICAN RIVER CANYON NORTH
Property Sales:
88 Twin Buttes 2997 sf / 4 bed/ 3 bath / YB 2001 / / pool / $637,500
Prices - Average Sales Price and Dollar Per Square Foot:
2014 2013 2012
February $637,500 / $212 (1 sale) $570,539 /$148 (1 sale)
January 545,000 / 176 (1 sale) 549,000 / 161 (1 sale)
December No sales $555,666 / $157
November 517,000 / 140 (1 sale) 501,125 / 135
October 575,000 / 168 (1 sale) 548,600 / 141
September 639,500 / 201 600,400 / 158
August 561,250 / 202 466,225 / 141
July 644,800 / 168 490,000 / 167
June 622,750 / 187 581,667 / 151
May 655,000 / 168 472,520 / 143
April 582,750 / 168 572,475 / 157
March 582,750 / 158 675,000 / 193 (1 sale)
Available Inventory:
206 Cascade Falls 3036 sf / 4 bed / 3 bath / YB 1989 / / / $618,000
101 Twin Buttes 2974 sf / 4 bed / 3 bath / YB 2001 / 1 story/ / 625,000
139 ARC Dr 3969 sf / 4 bed / 3.5 bath / YB 1989 / / / 649,000
138 Tomlinson 4816 sf / 5-6 bed/ 5.5 bath/ YB 1990 / / pool / 699,000
126 Carmody 3630 sf / 4 bed / 4 bath / YB 1990 / / pool / 725,000
99 Valley Falls 4243 sf / 6 bed / 3.5 bath / YB 1998 / / pool / 729,000
302 Alpine Falls 3537 sf / 4 bed / 3 bath / YB 2002 / / / 735,000
607 Broken Top 3567 sf / 4-5 bed / 3 bath / YB 2006 / / / 950,000
Pending Sales:
271 ARC Dr 3066 sf / 4-5 bed / 3 bath / YB 1992 / / pool / $615,000
226 N Falls 3981 sf / 4-5 bed / 3 bath / YB 2005 / / / 659,000
603 Broken Top 3957 sf / 5 bed / 4.5 bath / YB 2014 / / / 699,900 New home
599 Broken Top 4002 sf / 5 bed / 4.5 bath / YB 2014 / / / 709,900 New home
129 Feather Falls 3612 sf / 5 bed / 4.5 bath / YB 1998 / i story/ / 739,000
AMERICAN RIVER CANYON NORTH MARKET REPORT
*Data Source: Metrolist MLS
Robin's Marketing Minute:
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