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Showing posts from December, 2014

Folsom / American River Canyon North Market Update - November 2014

Folsom               Property Sales:  November property sales were 61, down -16.4% from 73 in November of 2013, and -24.7% lower than the 81 sales last month.   November 2014 sales were at their lowest level as compared to November of 2013 and 2012.   November YTD sales of 935 are running -7% behind last year's year-to-date sales of 1,007. Prices:   The Median Sales Price in November was $407,000, up 5.7% from $385,000 in November of 2013 and down -0.7% from $410,00 last month.   The Average Sales Price in November was $400,544, down 1% from $404,412 in November 2013 and down -7.2% from $431,820 last month.   The October ASP was at mid range as compared to November 2013 and 2012. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of November was 146, down -24.4% from 193 last month and down -11.5% from 165 in November of last year.   Currently, there is a 2.4 month supply of inventory. Average Dollar Per Square Foot - Sold