American River Canyon North / Folsom Market Update

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