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Showing posts from October, 2014

Folsom / American River Canyon North Market Update - Sept 2014

Folsom Property Sales:   September property sales were 101, up 26.3% from 80 in September of 2013 and -1% lower than the 102 sales last month.   September 2014 sales were at their highest level as compared to September of 2013 and 2012.   September YTD sales of 787 are running -8% behind last year's year-to-date sales of 855. Prices:   The Median Sales Price in September was $427,500, up 4.9% from $407,500 in September of 2013 and up 0.1% from $427,000 last month.   The Average Sales Price in September was $458,201, up 10% from $416,377 in September 2013 and up 0.1% from $457,656 last month.   The September 2014 ASP was at it's highest level as compared to September of 2013 and 2012. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale in September was 205, down -8.9% from 225 last month and up 1% from 203 in September of last year.   There is currently a 2 months supply of inventory. Average Dollar Per Square Fo