American River Canyon North / Folsom Market Update

Folsom - March Market Update FOLSOM Property Sales:  March property sales were 98, up 24.1% from 79 in March of 2015, and 104.2% higher than the 47 sales last month.   March 2016 sales were at their highest level as compared to March of 2015 and 2014.   March YTD sales of 193 are running 2.1% ahead of  last year's year-to-date sales of 189. Prices:   The Median Sales Price in March was $455,916, up 5.5% from $432,000 in March of 2015 and up 1% from $451,392 last month.   Median means Middle (the same # of properties sold above & below Median).   The Average Sales Price (ASP) in March was $465,010, up 4.6% from $444,736 in March of 2015 and down -0.2% from $465,887 last month.   The March ASP was at it's highest level as compared to March of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of February was 127, up 18.7% from 107 last month and down -22.1% from 163 in M

AMERICAN RIVER CANYON NORTH Property Sales:    3 Total - Up 0 from February                         Last List Price /  Sold Price 156 Tomlinson        3344 sf / 5 bed / 3 bath  /              / 2 story  /  yb 1990   574,900    /   $555,000 154 Tomlinson        4474 sf / 4 bed  / 3 bath  /             / 2 story  /  yb 2002   769,950   /    759,000 1 00 Copper Creek 4152 sf / 4-5 bed / 3.5   /               / 2 story  /  yb 1991    799,000     /    775,000       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               696,333  /  174           604,750 /   191           709,995 /    187          April