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Showing posts from February, 2015

Folsom / American River Canyon North Market Update - January 2015

Folsom               Property Sales:  January property sales were 44, down -21.4% from 56 in January of 2014, and -32.3% lower than the 65 sales last month.   January 2015 sales were at their lowest level as compared to January of 2014 and 2013.   January YTD sales of 44 are running -21.4% behind last year's year-to-date sales of 56.. Prices:   The Median Sales Price in January was $423,000, up 2.5% from $412,500 in January of 2014 and up 7.1% from $395,000 last month.   The Average Sales Price in January was $442,965, up 10.7% from $400,216 in January 2014 and up 7.7% from $411,252 last month.   The January ASP was at it's highest level as compared to January 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of January was 129, up 10.3% from 117 last month and down -22.3% from 166 in January of last year.   Currently, there is a 2.9 month supply of inventory. Average Dollar Per Square Foot