American River Canyon North / Folsom Market Update

Property Sales:      March property sales were 75, down -24% from 99 in March 2016 and 78% higher than the 42 sales last month.      March 2017 sales were at their lowest level as compared to March of 2016 and 2015.        March YTD sales of 159 are running -18% behind last year's year-to-date sales of 194. Prices:      The median sales price in March was $480,163, up 4% from $460,000 in March 2016 and up .6% from $477,500 last month.      The average sales price in March was $490,376, up 5% from $465,616 in March of 2016 and up .6% from $487,618 last month.      The March ASP was at it's highest level as compared to March 2016 and 2015. Available Inventory of Homes:      The total inventory of properties available for sale as of March was 108, up 11% from 97 last month and down -25% from 144 in March of last year.      Currently there is a 1.4 month supply of inventory. Average Dollar per Square Foot - Sold Homes:                           2017

Property Sales:       3 Total                                   List/Sales Price 111 Englehart(Short Sale) 3291 sf,  3 bed, 3 bath, pool  $629,900  /  $621,000    100 Twin Buttes 3600 sf, 5 bed, 3 bath                        685,000  /   685,000 213 Cascade Falls 3928 sf, 4/5 bed, 4.5 bath, poo       949,900  /   927,244 Pending Sales:    1 Total 207 ARC Dr  3737 sf, 6 bed, 3 bath, pool                       $749,000  Currently Available:  10 Total      Click on link   ARC North MARKET REPORT   to view 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 /  216