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Showing posts from February, 2017

FOLSOM Market Report - January 2017

Property Sales:  January property sales were 41, down -12.8% from 47 in January of 2016, and -50% lower than the 82 sales last month.   January 2017 sales were at their lowest level as compared to December of 2016 and 2015.   January  YTD sales of 41 are running -12.8% behind last year's year-to-date sales of 47. Prices:   The Median Sales Price in January was $465,000, up 5.9% from $438,900  in January of 2016 and down -5.1% from $490,000 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in January was $478,080, up 4.8% from $456,101 in January of 2016 and down - 4.1% from $498,543 last month.   The January ASP was at it's highest level as compared to January of 2016 and 2015. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of January was 84, up 16.7% from 72 last month and down -17.6% from 102 in January of last year.  

ARC NORTH MARKET UPDATE - January 2017

Property Sales:    1 Total - Down 4 from 5 in December                Last List Price /  Sold Price     145 Carmody    3351 sf / 4-5 bed / 3 ba /             / pool /                $750,000              $730,000 Pending Sales:    2 total -  Unchanged from 2 in December    252 Cascade F  3150 sf / 4 bed / 3 ba / 1 story /        /                   $799,000   213 Cascade F  3928 sf / 4/5 bed / 4.5 ba /      / pool /                     949,000        Prices - Average Sales Price / Dollar Per Square Foot:                           2017                 2016                                 2015                               2014                           J an          $730,000 / $209    no sales                  $729,100 / $194          $545,000 /  $176        Feb                                       no sales                     668,333 /   192            637,500 /    212         March                                    696,