Folsom

Folsom            

Property Sales:
 December property sales were 60, down -7.7% from 65 in December of 2013, and -1.6% lower than the 61 sales last month.
  December 2014 sales were at their lowest level as compared to December of 2013 and 2012.
  December YTD sales of 996 are running -7.1% behind last year's year-to-date sales of 1,072..

Prices:
  The Median Sales Price in December was $392,500, up 1.9% from $385,000 in December of 2013 and down -3.6% from $407,00 last month.
  The Average Sales Price in December was $398,791, up 3.7% from $384,439 in December 2013 and down -0.4% from $400,544 last month.
  The December ASP was at it's highest level as compared to December 2013 and 2012.

Inventory & Month's Supply of Inventory:
  The total inventory of properties available for sale as of December was 106, down -27.4% from 146 last month and down -7.0% from 114 in December of last year.
  Currently, there is a 1.76 month supply of inventory.

Average Dollar Per Square Foot - Sold Homes:
                        2014                    2013                 
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                  210                      201                  
        
Stats for December 2014:
  Properties for Sale w/o Short Sale Contingent:              106     $164,400 - $1,230,000
    (114 in December 2013)
  Short Sale Contingent / Pending Lender Approval:         13      $289,000 - $  710,000
    (34 in December 2013)
  Pending Sales:                                                                66     $134,900 - $1,950,000
    (59 in December 2013)
  Sold in December 2014                                                       60     $139,000  - $  805,000
    (62 in December 2013)

December Sold Homes by # of Units Per Price Bracket:
   $100,000's - 3          $200,000's - 5          $300,000's - 25
   $400,000's - 19        $500,000's - 6          $600,000's - 1
   $700,000's - 0          $800,000's - 1          $900,000+ - 0

FOLSOM MARKET REPORT

American River Canyon North

Property Sales:   0 total - unchanged from 0 in November

Prices - Average Sales Price / Dollar Per Square Foot:

                             2014                           2013                            

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                     no sales                 

Pending Sales:   6 total - up 2 from November

  136 Cascade F    3438 sf / 5 bed / 4 bath    / pool / 2 story / yb 1988     $545,000 Short Sale
  104 Crater Peak  2944 sf / 3 bed / 4 bath  /  pool / 2 story / yb 1998        599,999

  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 Tp  3567 sf / 4-5 bed / 3 bath / none / 1 story / yb 2006       710,000 Short Sale
  513 Fort Rock   4878 sf / 4 bed  / 4 bath  /  pool / 2 story / yb 2006         731,500 Sold through auction with no inspections

Available Inventory:   7 total - up 1 from November

  Use the ARC North Market Report link below to view properties

ARC NORTH MARKET REPORT

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

One of the great challenges to selling a home can be showing all of its space, decor and natural light potential. For example, every home has crowded closets and dead space. Sellers should be aware that areas such as these are easy to spruce-up with a little elbow grease and old-fashioned innovation. Begin by evaluating your closet/storage space, determine which areas can cut-down in clutter. Go through old clothes, shoes, etc., and get rid of anything that will not be used and in turn create more space. Consider organizing shelves and other areas to make better use of your storage space, including your garage and basement. Also, try to throw out or give away any old furniture that is no longer of use. All of the discarded items can be given to Good Will, Salvation Army or even sold at a yard sale. Although most sellers keep their homes clean and well-decorated, it can be difficult to convince a buyer of a home's potential when clutter is noticeable. As an agent, it's my responsibility to offer any tips that will expedite the sale and make the experience more enjoyable for the seller. Once you've eliminated the unwanted items and furniture, begin the 'renovation' process. For non-storage spaces that could use a little more decor, consider adding a small bookshelf complemented with a cozy reading chair. Always be sure you're filtering as much light into your property as possible. Open or replace curtains. For example, light from a window overlooking the backyard offers a room more color, a great view and the illusion of more space. Always maximize the potential of existing decor; wash old curtains, re-stain old wood casings, anything that refreshes and emphasizes all the potential of the space and decor of the home. Prospective buyers are often more drawn to homes with features that they don't have, those with clutter-free closets, open sunny rooms, and cozy little corners. To ensure you've realized all of the above characteristics the last step should be to bring in a friend and observe their reaction. Make sure it's an honest friend, who will offer suggestions as well as notice the improvements. Seeing your own home through someone else's eyes is a great way to make a home optimally attractive and more sellable to prospective buyers. Be diligent in your efforts and be sure the renovations improve the aesthetic appeal of the home. All the hard work will be worth the reward of a successful sale.