FOLSOM
Property Sales:
August property sales were 99, down -2.9% from 102 in August of 2014, and -20.2% lower than the 124 sales last month.
August 2015 sales were at their lowest level as compared to July of 2014 and 2013.
August YTD sales of 738 are running 7.3% ahead of last year's year-to-date sales of 688.
Prices:
The Median Sales Price in August was $435,000, up 1.9% from $427,000 in August of 2014 and down -4.3% $454,594 last month.
The Average Sales Price in August was $445,739, down -2.6% from $457,656 in August of 2014 and down -3.6% from $462,449 last month.
The August ASP was at mid range as compared to August of 2014 and 2013.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of August was 194, down -2.9% from 204 last month and down -15.4% from 234 in August of last year.
Currently, there is a 2 month supply of inventory.
Average Dollar Per Square Foot - Sold Homes:
2015 2014 2013
Jan $210 $193
Feb 212 217
March 215 209
April 222 206
May 222 220
June 219 211
July 225 211
Aug 224 218
Sept 215 211
Oct 213 211
Nov 216 203
Dec 210 201
Stats for August 2015:
Properties for Sale w/o Short Sale Contingent: 194 $168,700 - $1,299,000
(99 in August 2014)
Short Sale Contingent / Pending Lender Approval: 9 $275,585 - $ 675,000
(17 in August 2014)
Pending Sales: 129 $209,900 - $1,190,000
(124 in August 2014)
Sold in August 2015 99 $171,000 - $ 822,000
(99 in August 2014)
July Sold Homes by # of Units Per Price Bracket:
$100,000's - 1 $200,000's - 8 $300,000's - 24
$400,000's - 37 $500,000's - 21 $600,000's - 4
$700,000's - 2 $800,000's - 2 $900,000+ - 0
FOLSOM MARKET REPORT
AMERICAN RIVER CANYON NORTH
August property sales were 99, down -2.9% from 102 in August of 2014, and -20.2% lower than the 124 sales last month.
August 2015 sales were at their lowest level as compared to July of 2014 and 2013.
August YTD sales of 738 are running 7.3% ahead of last year's year-to-date sales of 688.
Prices:
The Median Sales Price in August was $435,000, up 1.9% from $427,000 in August of 2014 and down -4.3% $454,594 last month.
The Average Sales Price in August was $445,739, down -2.6% from $457,656 in August of 2014 and down -3.6% from $462,449 last month.
The August ASP was at mid range as compared to August of 2014 and 2013.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of August was 194, down -2.9% from 204 last month and down -15.4% from 234 in August of last year.
Currently, there is a 2 month supply of inventory.
Average Dollar Per Square Foot - Sold Homes:
2015 2014 2013
Jan $210 $193
Feb 212 217
March 215 209
April 222 206
May 222 220
June 219 211
July 225 211
Aug 224 218
Sept 215 211
Oct 213 211
Nov 216 203
Dec 210 201
Stats for August 2015:
Properties for Sale w/o Short Sale Contingent: 194 $168,700 - $1,299,000
(99 in August 2014)
Short Sale Contingent / Pending Lender Approval: 9 $275,585 - $ 675,000
(17 in August 2014)
Pending Sales: 129 $209,900 - $1,190,000
(124 in August 2014)
Sold in August 2015 99 $171,000 - $ 822,000
(99 in August 2014)
July Sold Homes by # of Units Per Price Bracket:
$100,000's - 1 $200,000's - 8 $300,000's - 24
$400,000's - 37 $500,000's - 21 $600,000's - 4
$700,000's - 2 $800,000's - 2 $900,000+ - 0
FOLSOM MARKET REPORT
AMERICAN RIVER CANYON NORTH
Property Sales: 4 Total - Up 1 from 4 in July
221 ARC Dr 2918 sf / 4 bed / 3 bath / / 1 story / yb 1994 $587,000
105 Meadow Lks 3315 sf / 4 bed / 3 bath / / 1 story / yb 1996 625,000
316 Canyon Falls 4849 sf / 5-6 bed/3 bath / pool / 2 story / yb 1991 750,000
104 Wolf Pt Ct 3312 sf / 4-5 bed / 3.5 ba / pool / 2 story / yb 1998 750,000
104 Wolf Pt Ct 3312 sf / 4-5 bed / 3.5 ba / pool / 2 story / yb 1998 750,000
Prices - Average Sales Price / Dollar Per Square Foot:
2015 2014 2013
Jan $729,100 / $194 $545,000 / $176
Feb 668,333 / 192 637,500 / 212
March 604,750 / 191 709,995 / 187
April 665,400 / 187 654,098 / 180
May 799,900 / 228 765,000 / 172 (one sale in May 2015)
June 827,100 / 208 629,125 / 206
July 780,000 / 196 633,725 / 173
Aug 678,000 / 192 643,250 / 182
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: 5 total - Unchanged from 5 in July
113 Cascade Fls 2579 sf / 4 bed / 3 bath / / 2 story / yb 1989 $499,000
148 Chimney Bluff 2253 sf / 3-4 bed/ 2 bath / / 1 story / yb 2006 619,000
151 ARC Dr 3126 sf / 4 bed / 3 bath / pool / 2 story / yb 1988 620,000
325 Canyon Falls 3757 sf / 4-5 bed / 3.5 ba / pool / 2 story / yb 1991 709,900
106 Bald Mtn Ct 3410 sf / 4 bed / 3 ba / pool / 1 story / yb 1990 750,000
Available Inventory: 16 total - Down 2 from 18 in July
Use the ARC North Market Report link below to view properties
Please visit my website RobinKaplan.com to search for properties, use mortgage calculators, tons of Seller & Buyer information, Market Updates, plus much, much more!
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