American River Canyon North / Folsom Market Update

Property Sales:  October property sales were 77, down -32.5% from 114 in October of 2015, and -28% lower than the 107 sales last month.   October 2016 sales were at their lowest level as compared to October of 2015 and 2014.   October YTD sales of 933 are running -2.7% behind last year's year-to-date sales of 959. Prices:   The Median Sales Price in October was $460,000, up 4.5% from $440,000 in October of 2015 and up 2.8% from $447,500 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in October was $474,127, up 1.8% from $465,532 in October of 2015 and up 1% from $469,351 last month.   The October ASP was at it's highest level as compared to October of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of October was 122, down -27.8% from 169 last month and down -25.2% from 163 in October of last year.   Curre

Property Sales:    2 Total - Down 1 from 3 in September                    Last List Price /  Sold Price      151 Tomlinson   2983 sf / 4 bed / 3 ba /    1 story / pool /                      $585,000            $614,000     105 Crater Peak 3763 sf / 4-5 bed / 3 ba /            /         /                       899,900              882,000 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                 741,333  /   227           665,400 /  187            654,098 /   180        May                  667,