American River Canyon North / Folsom Market Update

Property Sales:    1 Total - Down 1 from 2 in October                       Last List Price /  Sold Price      159 ARC Dr       3192 sf / 4 bed / 3 ba /               /  pool /                        679,000          $625,000 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                  667,931  /  206           799,900 /   228           765,000 /    172   (1 sale in May 2015) June                650,669

Property Sales:  November property sales were 75, up 7.1 % from 70 in November of 2015, and -5.1% lower than the 79 sales last month.   November 2016 sales were at their highest level as compared to November of 2015 and 2014.   November YTD sales of 1,011 are running -1.7% behind last year's year-to-date sales of 1,029. Prices:   The Median Sales Price in November was $450,000, up 6.5% from $442,500 in November of 2015 and down -4.3% from $470,000 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in November was $484,445, up 13.6% from $426,504 in November of 2015 and up 2% from $475,172 last month.   The November ASP was at it's highest level as compared to November of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of November was 95, down -30.7% from 137 last month and down -28.6% from 133 in November