American River Canyon North / Folsom Market Update

Property Sales:    6 Total - Up 3 from 3 in July                              Last List Price /  Sold Price     89 Twin Buttes  2659 sf / 4 bed   / 2 bath  /1 story /pool     /  yb 2001    $675,000   /   $661,500   111 Carmody Cr  3440 sf / 5 bed / 3 bath  /           / pool     /  yb 1989     779,000    /    680,000   112 N Falls         4509 sf / 5-6 bed / 4.5 bath/         / pool    / yb 1993      730,000   /     688,000    125 Feather Fls   3694 sf / 3-4 bed / 3.5 bath /1 story/pool/  yb 1998      789,000   /    785,000    267 ARC Dr       3667 sf / 4 bed / 3 bath  /            /  pool /    yb 1991      789,000  /     789,000       156 Temperance 4063 sf / 4-6 bed/ 3.5 bath /          /  pool / yb 2003      954,500    /   925,000 Prices - Average Sales Price / Dollar Per Square Foot:                             2016                                 2015                               2014                                               J an                  no sal

Property Sales:  August property sales were 110, up 4.8% from 105 in August of 2015, and 11.1% higher than the 99 sales last month.   August 2016 sales were at their highest level as compared to August of 2015 and 2014.   August YTD sales of 740 are running -0.5% behind last year's year-to-date sales of 744. Prices:   The Median Sales Price in August was $457,500, up 4.2% from $439,000 in August of 2015 and up 1.4% from $451,000 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in August was $477,470, up 6.7% from $447,448 in August of 2015 and down -2.8% from $491,158 last month.   The August ASP was at it's highest level as compared to August of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of August was 185, down -12.7% from 212 last month and down -19.6% from 230 in August of last year.   Currently, ther