Folsom

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 Homes:
                        2014                    2013                    2012
Jan                   $193                    $174
Feb                    217                      181
March               209                      178
April                 206                      178
May                  220                      195
June                  211                      198
July                   211                     166
Aug                  218                      211
Sept                  215                      211
Oct                   213                      211
Nov                  216                      203                    
Dec                                              201                     167
          
Stats for October 2014:
  Properties for Sale w/o Short Sale Contingent:              146     $164,400 - $1,230,000
    (121 in November 2013)
  Short Sale Contingent / Pending Lender Approval:         16      $220,000 - $  710,000
    (30 in November 2013)
  Pending Sales:                                                                85     $134,900 - $1,950,000
    (77 in November 2013)
  Sold in October 2014                                                       61     $206,000  - $  765,000
    (71 in November 2013)

October Sold Homes by # of Units Per Price Bracket:
   $100,000's - 0          $200,000's - 12        $300,000's - 18
   $400,000's - 20        $500,000's - 8          $600,000's - 2
   $700,000's - 1          $800,000's - 0          $900,000+ - 0

FOLSOM MARKET REPORT - NOV 2014

American River Canyon North

Property Sales:   0 total - down from 3 in October
  

Prices - Average Sales Price / Dollar Per Square Foot:
                             2014                           2013                            2012
Jan               $545,000 / $176      $549,000 / $161
Feb                637,500 /   212        570,539 /   148
March           709,995 /   187        582,750 /   158
April             654,098 /   180        601,475 /   168
May              765,000 /   172        655,000 /   168
June              629,125 /   206        622,750 /   187
July              633,725 /   173        644,800 /   168
Aug              643,250 /   182        561,250 /   202
Sept             680,000 /   206        639,500 /   158
OCT           660,833 /   179        575,000 /   168
Nov                  no sales          517,400 /   140               
Dec                                                   no sales                       555,666 /  157

Pending Sales:   4 total - unchanged from October
  136 Cascade F    3438 sf / 5 bed / 4 bath    / pool / 2 story / yb 1988  $545,000 Short Sale
  241 ARC Dr       4185 sf / 5 bed / 3.5 bath / pool / 2 story / yb 2003      675,000 Short Sale
  254 ARC Dr       3336 sf / 3-4 bed / 3.5 bath / pool / 2 story / yb 1999   679,000
  607 Broken Top  3567 sf / 4-5 bed / 3 bath / none / 1 story / yb 2006    710,000 Short Sale

Available Inventory:   6 total - down from 8 in October
  Use the ARC North Market Report link below to view properties

ARC NORTH MARKET REPORT - NOV 2014

Please visit my website RobinKaplan.com to search for properties, use mortgage calculators, tons of Seller & Buyer information, Market Updates, plus much, much more!

Selling Your Home In Winter

In many parts of the country, selling a home during the winter months can be a challenge. Dreary, cold weather and the end-of-the-year holidays can keep buyers away and heighten fears of your home staying on the market longer than expected. However, there are a few things you can do to enhance “curb appeal.” And when that happens, buyers will take notice. For example, if your home has been on the market for several months, it's probably time to change our sales approach. There are several factors that we can review to determine improvements that can be made. We may need to make a reassessment of the sales price, as it may be too high for the current market or, instead, we may opt to create a new or updated marketing plan for your home. Marketing your home goes beyond a few ads in the newspaper and a listing on the Multiple Listing Service (MLS). Ask me about all the ways in which I will market your home. When setting the asking price through a comparative marketing analysis, compare similar homes sold in the winter months. Many owners set their asking price too high because of comparisons with sales prices during peak seasons. Always try to compare like properties sold at the same time of year. Once you’ve settled on an asking price, it's time to spruce up the interior and exterior of your home. I recommend opening as many curtains as possible to add light and color to rooms. Also, your might try keeping spring and summer pictures of your home out on tables and in clear view. Photos of your front yard flowers or the backyard shade tree in full summer bloom can help swing many buyers in favor of a purchase. Staying on top of winter maintenance and chores is another sure-fire way of adding value to your home. A neatly shoveled driveway and cleared walkway can add a nice touch. Make sure the furnace is in good working condition and that the room temperature is kept at a comfortable level. Also, check to see that the basement (if there is a basement) is dry and sealed from any drafts. Take yourself on a tour of your home. Start on one end and work your way through the house. More than likely you’ll see many previously undiscovered cluttered spaces and needed repairs that might turn off potential buyers. Don’t overload your home with holiday decorations, either. The buyer should have a chance to see you home in its everyday condition.