American River Canyon North / Folsom Market Update

Property Sales:    5 Total - Up 4 from 1 in November                Last List Price /  Sold Price    257 ARC Dr       3164 sf / 4 bed / 3.5 ba / 1 story / pool /              $625,000  /  $625,000    Short Sale   268 Alpine Falls 2220 sf / 3 bed / 2 ba   / 1 story /  pool /                639,000 /     639,000   300 Canyon Fls  3227sf / 5 bed / 3 ba /               /          /                739,000 /     720,000   521 Fort Rock    3286 sf / 4-5 bed / 3.5 ba /        /          /                774,900 /     750,000 (half acre+ lot)  152 Temperance 3773sf / 5 bed   / 4 ba /            /   pool /                879,999 /     856,500 Prices - Average Sales Price / Dollar Per Square Foot:                             2016                                 2015                               2014                                           J an                     no sales                  $729,100 / $194         $545,000 /  $176        Feb                  

Property Sales:  December property sales were 77, down -1.3% from 78 in December of 2015, and -3.8% lower than the 80 sales last month.   December 2016 sales were at mid level as compared to December of 2015 and 2014.   December YTD sales of 1,094 are running -1.2% behind last year's year-to-date sales of 1,107. Prices:   The Median Sales Price in December was $492,000, up 11.3% from $441,868 in December of 2015 and up 8.5% from $453,500 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in December was $504,033, up 8% from $466,829 in December of 2015 and up 3.7% from $485,841 last month.   The December ASP was at it's highest level as compared to December of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of December was 66, down -40% from 110 last month and down -29% from 93 in December of last year.   Curre