Skip to main content

Folsom / American River Canyon North Market Update - September 2015

FOLSOM


Property Sales:
 September property sales were 94, down -10.5% from 105 in September of 2014, and  -10.5% lower than the 105 sales last month.
  September 2015 sales were at mid level as compared to September of 2014 and 2013.
  September YTD sales of 838 are running 5.7% ahead of last year's year-to-date sales of 793.

Prices:
  The Median Sales Price in September was $421,750, up 0.2% from $421,000 in September of 2014 and down -3.9% from $439,000 last month.
  The Average Sales Price (ASP) in September was $432,167, down -4,7% from $453,437 in September of 2014 and down -3.4% from $447,448 last month.
  The  September ASP was at mid range as compared to September of 2014 and 2013.

Inventory & Month's Supply of Inventory:
  The total inventory of properties available for sale as of September was 163, down -28.2% from 227 last month and down -29.7% from 232 in September of last year.
  Currently, there is a 1,7 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          224                       215                      
Oct                                         213                       211
Nov                                        216                       203               
Dec                                        210                       201 
     
Stats for September 2015:
  Properties for Sale w/o Short Sale Contingent:              154   $175,000   -  $1,150,000
    (205 in September 2014)
  Short Sale Contingent / Pending Lender Approval:           6    $368,000  -  $   399,000
    (11 in September 2014)
  Pending Sales:                                                                   139    $168,700  -  $1,190,000 
    (91 in September 2014)
  Sold in September 2015                                                       94   $160,000  -  $   670,000
    (101 in September 2014)

September Sold Homes by # of Units Per Price Bracket:
   $100,000's - 1          $200,000's - 9          $300,000's - 28
   $400,000's - 30        $500,000's - 19        $600,000's - 8
   $700,000's - 0          $800,000's - 0          $900,000+ - 0

FOLSOM MARKET REPORT

AMERICAN RIVER CANYON NORTH

Property Sales:   2 Total - Down 2 from 4 in July
    113 Cascade Fls   2579 sf / 4 bed  / 3 bath   /          / 2 story  / yb 1989      $490,000    *$499,000
    151 ARC Dr          3126 sf / 4 bed  /  3 bath / pool  /  2 story /  yb 1988         607,000    *$620,000
*LAST LIST PRICE

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          548,625 /  192            680,000 /   206        
OCT                                              660,833 /   179        575,000 /   168
Nov                                                 no sales                 517,400/    140              
Dec                                                 no sales                     no sales                 

Pending Sales:   7 total - Up 3 from 4 in August  
   148 Chimney Bluff 2253 sf / 3-4 bed/ 2 bath /          / 1 story /   yb 2006       $619,000
   139 ARC Dr           3739 sf / 4 bed   / 4 bath /          / 2 story  /  yb 1989         624,500
   101 Heart Butte     3579 sf / 4-5 bed / 3 bath /         / 2 story /  yb 1989          630,000
   154 Tomlinson      4474 sf / 4 bed  / 3 bath  /           / 2 story /  yb 2002          749,950
   106 Bald Mtn Ct    3410 sf / 4 bed  / 3 bath /  pool  /  1 story / yb 1990           750,000 (.5 acre lot)
   108 Swift River     4913 sf / 5-6 bed / 5 bath/ pool /   2 story  / yb 1990          899,000 (,5 acre lot)
   154 Pinnacle Btt  4590 sf / 5 bed /   4.5 bath/         / 2 story  / yb 2014        1,075,000 (.5 acre lot)

Available Inventory:   11 total - Down 5 from 16 in August 
  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!
The Affordability Squeeze

Comments

Popular posts from this blog

Folsom / American River Canyon North Market Update - October 2015

FOLSOM Property Sales:  October property sales were 107, up 30.5% from 82 in October of 2014, and  5.9% higher than the 101 sales last month.   October 2015 sales were at their highest level as compared to October of 2014 and 2013.   October  YTD sales of 952 are running 8.8% ahead of last year's year-to-date sales of 875. Prices:   The Median Sales Price in October was $442,000, up 7.8% from $410,000 in October of 2014 and up 4.7% from $422,000 last month.   The Average Sales Price (ASP) in October was $467,090, up 8.6% from $430,200 in October of 2014 and up 7.0% from $436,542 last month.   The  October ASP was at it's highest level as compared to October of 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of October was 137, down -19.4% from 170 last month and down -32.8% from 204 in October of last year.   Currently, there is a 1.3 month supply of inventory. Average Dollar Per Square Foot - Sold

American River Canyon North - February Market Update

AMERICAN RIVER CANYON NORTH Property Sales:    0 Total - Unchanged                                         Last List Price /  Sold Price      Prices - Average Sales Price / Dollar Per Square Foot:                             2016                                 2015                               2014                                               J an                  no sales                  $729,100 / $194         $545,000 / $176         Feb                    no sales                  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     (1 sale in May 2015) June                                                   827,100 /   208           629,125 /   206

American River Canyon North - August 2017

Property Sales:   2  sale in August  -  up 1 from July         Last List & Sales Price     114 Tomlinson 3565 sf / 4 bed   / 3 bath  / pool /2 story     $760,000 / 760,000    122 ARC            5153 sf /  4 bed /  4 bath  /  pool /  2 story    939,000   / 906,000  Pending Sales:      2 pending in August - unchanged from July       Last List Price     152 Tomlinson    2666sf / 4 bed / 3 bath    /             / 2 story                 $625,000     138 Feather Fls  3246 sf / 4 bed / 3 bath   /  pool    / 2 story                   769,000  Currently Available:   14 homes  - down 2 from July      Click  ARCN MARKET REPORT  to view available homes Pricing:  Average Sales Price / Dollar Per Square Foot :                                  2017                           2016                         2015                         2014 Jan               $730,000 / $209               No Sales      $729,100 / $194       $545,000 / $176 Feb                        No Sales