Skip to main content

Posts

Showing posts from March, 2015

Folsom / American River Canyon North Market Update - February 2015

Folsom               Property Sales:  February property sales were 60, up 9.1% from 55 in February of 2014, and 30.4% higher than the 46 sales last month.   February 2015 sales were at a mid level as compared to February of 2014 and 2013.   February YTD sales of 106 are running -4.5% behind last year's year-to-date sales of 111. Prices:   The Median Sales Price in February was $428,000, up 9.7% from $390,000 in February of 2014 and up 2.6% from $417,250 last month.   The Average Sales Price in February was $434,411, up 3.6% from $419,319 in February 2014 and down -0.6%  from $436,988 last month.   The February ASP was at it's highest level as compared to February 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of February was 133, down -5.% from 140 last month and down -25.3% from 178 in February of last year.   Currently, there is a 2.2 month supply of inventory. Average Dollar Per Squar