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Showing posts from May, 2016

Folsom Market Report - April 2016

Property Sales:  April property sales were 88, down -17.8% from 107 in April of 2015, and -11.1% lower than the 99 sales last month.   April 2016 sales were at their lowest level as compared to April of 2015 and 2014.   April YTD sales of 282 are running -4.7% behind last year's year-to-date sales of 296. Prices:   The Median Sales Price in April was $461,150, up 6% from $435,000 in April of 2015 and up 0.3% from $460,000 last month.   Median means Middle (the same # of properties sold above & below Median).   The Average Sales Price (ASP) in April was $481,267, up 4.6% from $460,261 in April of 2015 and up 3.4% from $465,515 last month.   The March ASP was at it's highest level as compared to April of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of April was 140, up 1.4% from 138 last month and down -20.5% from 176 in April of last year.   Currently, there is a 1.6

ARC North Market Update - April 2016

Property Sales:    3 Total - Unchanged  from 3 in March                             Last List Price /  Sold Price 100 Meadow Lakes   2500 sf / 4 bed / 3 bath    / pool /  1 story /  yb 1998    $649,000   /   $649,000 135 Carmody Cr        3420 sf / 4 bed /   4 bath  / pool /             /   yb 1991     779,000    /     765,000 249 Cascade Falls    4063 sf / 5 bed /   4 bath /  pool /             /   yb 1989      820,000   /     810,000 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                  741,33