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FOLSOM MARKET UPDATE - September 2016

Property Sales:  September property sales were 99, down -3% from 101 in September of 2015, and -17% lower than the 110 sales last month.   September 2016 sales were at their lowest level as compared to September of 2015 and 2014.   September  YTD sales of 847 are running 0.2% ahead of  last year's year-to-date sales of 845. Prices:   The Median Sales Price in August was $445,000, up 5.5% from $422,000 in September of 2015 and down 3.9% from $463,000 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in September was $469,481, up 7.5% from $436,542 in September of 2015 and down -1.2% from $475,241 last month.   The September ASP was at it's highest level as compared to September of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of September was 159, down -16.3% from 190 last month and down -10.7% from 178 in Sep

American River Canyon North / 2011 Sales Stats

I hope that you and your family had a wonderful holiday and New Year celebration.   The beginning of a new year is always an exciting and promising time with resolutions to be honored and a trust that a new year will bring exciting new changes. As we welcome 2012, I thought that researching ARCN’s previous year end real estate statistics would be an interesting and useful tool for charting the progress of our local real estate market over the course of the last 5 years.   The statistics* that I have tracked are for single family homes in ARC North only and do not include properties in the Cascades or Canyon Falls Village from January 2007 to the last day of 2011.                                                Click for ARCN 2011 Sales Stats   2007             TOTAL HOMES SOLD:                                              34                         Average Market Time:                           69 days                         Average List Price:                                        

American River Canyon North - February Market Update

AMERICAN RIVER CANYON NORTH Property Sales:    0 Total - Unchanged                                         Last List Price /  Sold Price      Prices - Average Sales Price / Dollar Per Square Foot:                             2016                                 2015                               2014                                               J an                  no sales                  $729,100 / $194         $545,000 / $176         Feb                    no sales                  668,333 /   192           637,500 /    212          March                                                 604,750 /   191           709,995 /   187         April                                                    665,400 /  187            654,098 /   180        May                                                    799,900 /   228           765,000 /   172     (1 sale in May 2015) June                                                   827,100 /   208           629,125 /   206