American River Canyon North / Folsom Market Update

Property Sales:  June property sales were 139, up 8.7% from 125 in June of 2015, and 33.3% higher than the 102 sales last month.   June 2016 sales were at their highest level as compared to June of 2015 and 2014.   June YTD sales of 524 are running 1.7% ahead last year's year-to-date sales of 515. Prices:   The Median Sales Price in June was $489,000, up 8.7% from $450,000 in June of 2015 and up 1.2% from $483,375 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in June was $497,818, up 7.2% from $4646,337 in June of 2015 and up 1.1% from $492,386 last month.   The June ASP was at it's highest level as compared to June of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of June was 171, up 6.2% from 161 last month and down -21.6% from 218 in June of last year.   Currently, there is a 1.3 month supply of inventor

Property Sales:    4 Total - Unchanged from May                                Last List Price /  Sold Price      319 ARC Dr       3523 sf / 4/-5 bed / 3 bath/          /             / yb 2004      $599,000         $589,000     135 Tomlinson    4002 sf / 4-5 bed / 3.5 bath /       /             / yb 1993       625,000            614,777     123 Lost Crk       3792 sf /  5 bed / 3 bath    /         /              / yb 1988      699,000            699,000     314 Canyon Fls  3401 sf / 5 bed  / 4.5 bath/           /             / yb 2005      699,900            699,900 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