American River Canyon North / Folsom Market Update

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