American River Canyon North / Folsom Market Update

PROPERTY SALES:               September property sales were 93, down -13% from 108 in September of 2016 and 4.5% higher than the 89 sales last month.               September 2017 sales were at their lowest level as compared to September of 2016 and 2015.               September YTD sales of 778 are running -9% behind last year’s year-to-date sales of 860.   PRICES:               The median sales price in September was $525,000, up 17% from $448,750 in September 2016 and up 5% from $498,000 last month.                The average sales price in September was $537,408, up 14% from $469,913 in September of 2016 and up 4% from $516,957 last month.  September’s AVP was at it’s highest level as compared to September 2016 and 2015.   INVENTORY OF AVAILABLE HOMES:               The total inventory of properties available for sale was 145, down -18% from 177 last month and down -15% from 172 in September of last year.                                  There is c

Property Sales – 2 in September – Unchanged from August        LAST LIST PRICE / SALES PRICE 152 Tomlinson  2666 sf 4 bed    3 bath   2 story  no pool               $625,000              $620,000 138 Feather Fls 3246 sf 4 bed    3 bath   2 story  pool                     769,000              775,000 PENDING SALES – 5 in September – Up 3 from August                  LAST LIST PRICE 135 Tomlinson  4002 sf 4 bed    3.5 ba   2 story  no pool               695,000 105 Hawk Pt       3413 sf 4 bed    3 bath   2 story no pool               699,000 294 Alpine Fls    2991 sf 4 bed    3 bath   2 story  pool                     775,000 102 Table Rock  3227 sf 4 bed    3.5 ba   2 story  no pool               725,000 252 Cascade Fls 3150sf  4 bed    3 bath   1 story  no pool               789,000 CURRENTLY ACTIVE – 16 HOMES – UP 2 FROM AUGUST Click link to view active properties ARCN MARKET UPDATE PRICING:  Average Sales Price & Price Per Square Foot

Property Sales:      August property sales were 86, down -29% from 122 in August 2016 and -24% lower than the 114 sales last month.      August 2017 sales were at their lowest level as compared to August of 2016 and 2015.        August YTD sales of 682 are running -9% behind last year's year-to-date sales of 752. Prices:      The median sales price in August was $497,000, up 7% from $461,500 in August 2016 and up 1% from $491,544 last month.      The average sales price in August was $517,083, up 9% from $473,571 in August of 2016 and up 6% from $513,986 last month.      The August 2017 ASP was at it's highest level as compared to August of 2016 and 2015. Available Inventory of Homes:      The total inventory of properties available for sale was 154, down -13% from 181 last month and down -17% from 191 in August of last year.      Currently there is a 1.8 month supply of inventory. Average Dollar per Square Foot - Sold Homes:                        

Property Sales:   2  sale in August  -  up 1 from July         Last List & Sales Price     114 Tomlinson 3565 sf / 4 bed   / 3 bath  / pool /2 story     $760,000 / 760,000    122 ARC            5153 sf /  4 bed /  4 bath  /  pool /  2 story    939,000   / 906,000  Pending Sales:      2 pending in August - unchanged from July       Last List Price     152 Tomlinson    2666sf / 4 bed / 3 bath    /             / 2 story                 $625,000     138 Feather Fls  3246 sf / 4 bed / 3 bath   /  pool    / 2 story                   769,000  Currently Available:   14 homes  - down 2 from July      Click  ARCN MARKET REPORT  to view available homes Pricing:  Average Sales Price / Dollar Per Square Foot :                                  2017                           2016                         2015                         2014 Jan               $730,000 / $209               No Sales      $729,100 / $194       $545,000 / $176 Feb                        No Sales    

Property Sales:      July property sales were 109, up 10% from 99 in July 2016 and -9.9% lower than the 121 sales last month.      July 2017 sales were at mid level as compared to July of 2016 and 2015.        July YTD sales of 591 are running -6.2% behind last year's year-to-date sales of 630. Prices:      The median sales price in July was $491,730, up 9% from $451,000 in July 2016 and down -2.6% from $505,000 last month.      The average sales price in July was $514,641, up 4.8% from $491,158 in July of 2016 and down -4.4% from $538,170 last month.      The July 2017 ASP was at it's highest level as compared to July of 2016 and 2015. Available Inventory of Homes:      The total inventory of properties available for sale as of was 162, down -0.6% from 163 last month and down -24.7% from 215 in July of last year.      Currently there is a 1.5 month supply of inventory. Average Dollar per Square Foot - Sold Homes:                            2017   

Property Sales:    1 sale in July  -  down 4 from June         Last List & Sales Price   675 Avalanche 3139 sf / 4 bed / 3 bath /          /  1 story     $829,000 / $829,000 Pending Sales:      2 pending in July - down 1 from June           Last List Price    114 Tomlinson   3565 sf / 4 bed   / 3 bath      / pool    / 2 story             760,000    122 ARC            5153 sf /  4 bed /  4 bath     /  pool   /  2 story             939,000    Currently Available:   16 homes  - up 4 from June      Click  ARC NORTH MARKET REPORT  to view available homes Pricing:  Average Sales Price / Dollar Per Square Foot :                                  2017                           2016                         2015                         2014 Jan               $730,000 / $209               No Sales      $729,100 / $194       $545,000 / $176 Feb                        No Sales                 No Sales       668,333 /   192         637,500 /   212 March            746,448 /

Property Sales:      June property sales were 114, down -20% from 143 in June 2016 and -8.8% lower than the 125 sales last month.      June 2017 sales were at their lowest level as compared to June of 2016 and 2015.        June YTD sales of 475 are running -10.5% behind last year's year-to-date sales of 531. Prices:      The median sales price in June was $508,750, up 4.3% from $488,000 in June 2016 and up 2% from $499,000 last month.      The average sales price in June was $539,304, up 8.1% from $498,851 in June of 2016 and up 3.4% from $521,738 last month.      The June 2017 ASP was at it's highest level as compared to June of 2016 and 2015. Available Inventory of Homes:      The total inventory of properties available for sale as of  was 146, down -14.6% from 171 last month and down -24.4% from 193 in June of last year.      Currently there is a 1.3 month supply of inventory. Average Dollar per Square Foot - Sold Homes:                          

Property Sales:      5 sales in June -  Unchanged from May      List/Sales Price   130 Carmody    3618 sf / 5 bed / 3.5 bath / pool / 2 story /  $725,000  /  $700,000   104 Cedar Rid  3782 sf / 4 bed / 3 bath    / pool  / 2 story /   779,000  /    750,871   241 Cascade F 3841 sf / 5 bed / 3 bath   /  pool  / 2 story /   929,000  /    890,000   341 Canyon F   4105 sf / 4 bed / 3 bath   /  pool  / 2 story /   899,000  /    899,000   104 N Falls        4958 sf / 4 bed / 4.5 bath / pool / 2 story /1,049,000  / 1,035,000 Pending Sales:     3 pending in June - down 3 from 6 in May   Last List Price   138 Feather Flls 3246 sf /  4 bed  / 3 bath     / pool    / 2 story            $768,888    256 ARC            3651 sf /  4 bed  / 3.5 bath  /  pool   /  2 story             899,000    122 ARC            5153 sf /  4 bed /  4 bath     /  pool   /  2 story             939,000     Currently Available:   12 Homes      Click AMERICAN RIVER CANYON NORTH MARKET REPORT   to view available

Property Sales:      May property sales were 114, up 11.8% from 102 in May 2016 and 67.6% higher than the 68 sales last month.      May 2017 sales were at their highest level as compared to May of 2016 and 2015.        May YTD sales of 349 are running -10% behind last year's year-to-date sales of 388. Prices:      The median sales price in May was $500,500, up 3.5% from $483,375 in May 2016 and up 2.3% from $489,250 last month.      The average sales price in May was $526,626, up 7% from $492,386 in May of 2016 and up 3.9% from $506,658 last month.      The May 2017 ASP was at it's highest level as compared to May of 2016 and 2015. Available Inventory of Homes:      The total inventory of properties available for sale as of April was 149, up 15.5% from 129 last month and down -12.4% from 170 in May of last year.      Currently there is a 1.3 month supply of inventory. Average Dollar per Square Foot - Sold Homes:                            2017     

Property Sales:       5 sales  in May - up 5 from 0 in April     List/Sales Price 109 Feather Falls 3288 sf / 4 bed   /  3 bath / pool /           /         $649,000 / $635,000 109 Crater Peak  3471 sf / 3-5 bed / 3 bath /  no pool / 2 story /  $738,000 / $738,000  212 Silver Plume 3081 sf / 4 bed   /  3 bath / pool       / 2 story /  $739,000 / $740,000  154 ARC              2924 sf / 3-4 bed / 3 bath / pool      / 1 story /  $749,000 / $750,000  105 Meadow Lk   3315 sf / 4 bed /    3 bath / no pool / 1 story  / $769,000 / $762,774 Pending Sales:       6 pending in May - up 1 from 5 in April        Last List Price   130 Carmody      3618 sf / 5 bed   / 3.5 bath  /  pool  /  2 story            $725,000   104 Cedar Rd     3782 sf  / 4 bed  / 3 bath     /  pool   /  2 story             799,000    341 Canyon Fl   4105 sf /  4 bed  / 3 bath     /  pool   /  2 story             899,000    256 ARC            3651 sf /  4 bed  / 3.5 bath  /  pool   /  2 story             899,000