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Showing posts from April, 2015

Folsom / American River Canyon North Market Update - March 2015

Folsom               Property Sales:  March property sales were 75, down - 19.3% from 88 in March of 2014, and 14.5% higher than the 62 sales last month.   March 2015 sales were at their lowest level as compared to March of 2014 and 2013.   March YTD sales of 181 are running -9% behind last year's year-to-date sales of 199.. Prices:   The Median Sales Price in March was $433,000, up 8.3% from $400,000 in March of 2014 and up 1.2% from $428,000 last month.   The Average Sales Price in March was $446,495, up 9.2% from $408,766 in March 2014 and up 3.5%  from $431,446 last month.   The March ASP was at it's highest level as compared to March 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of March was 134, down -11.3.% from 151 last month and down -29.5% from 190 in March of last year.   Currently, there is a 1.9 month supply of inventory. Average Dollar Per Square Foot - Sold Homes: