FOLSOM
Property Sales: March property sales were 76, down -9.6% from 83 in March 2012 and 7.1% higher than the 70 sales last month. March 2013 sales were at their lowest level compared to March of 2012 & 2011. March YTD sales of 213 are running -5.3% behind last year's year-to-date sale of 225.
Prices: The Median Sales price in March was $385,000, up 11.3% from the $346,000 last month, and up 21.1% from $317,990 in March 2012. The Average Sales Price in March was $380,116, up 6.4% from $357,284 last month, and up 19.5% from $317,990 in March 2012. March ASP was at it's highest level as compared to March 2012 & 2011.
Inventory & Month's Supply of Inventory (MSI): With 76 homes sold last month and 71 homes currently available in Folsom, there is less than a one month supply of available homes. Many sellers are continuing to receive multiple offers.
Average Dollar Per Square Foot for Sold Homes:
November 2011 - $153 November 2012 - $167
December 2011 - $152 December 2012 - $167
January 2012 - $150 January 2013 - $174
February 2012 - $152 February 2013 - $181
March 2012 - $151 March 2013 - $178
Stats for February 2013:
Properties for sale w/o Short Sale Contingent Status 71 $139,000 - $1,468,000
Short Sale Contingent/Pending Lender Approval 50 $110,000 - $ 700,000
Properties Sold in February 2013 66 $123,000 - $ 905,000
Properties Sold in March 2013 76 $ 82,000 - $ 722,500
Current Pending Sales 137 $ 90,000 - $1,325,500
March Sold Homes by Number of Units per Price Bracket:
$100,000's - 5 $200,000's - 11 $300,000's - 28
$400,000's - 23 $500,000's - 5 $600,000's - 2
$700,000's - 2 $800,000's - 0 $900,000+ - 0
CLICK for FOLSOM MARKET REPORT
AMERICAN RIVER CANYON NORTH
Property Sales:
March 2013 - 4 Sales
March 2012 - 1 Sale
March 2011 - 7 Sales
Prices:
The Average Sales Price for:
March 2013 - $582,750
March 2012 -$675,000
March 2011 - $621,429
Inventory & Month's Supply of Inventory (MSI):
The available inventory continues to be extremely low with 2 homes currently on the market. With 4 homes sold in March 2013 there is less than a 1 month's supply of inventory.
Average Dollar Per Square Foot for Sold Homes:
November 2011 - No Sales November 2012 - $135
December 2011 - $154 December 2012 - $154
January 2012 - $141 January 2013 - $161
February 2012 - No Sales February 2013 - $148
March 2012 - $159 March 2013 - $158
CLICK for ARCN Market Report
*Source: Metrolist MLS Data
Robin's Marketing Minute:
Visit my website RobinKaplan.com to search for homes, mortgage calculator, Folsom/ARCN Market Updates, Seller/Buyer Information, plus much more!
Property Sales: March property sales were 76, down -9.6% from 83 in March 2012 and 7.1% higher than the 70 sales last month. March 2013 sales were at their lowest level compared to March of 2012 & 2011. March YTD sales of 213 are running -5.3% behind last year's year-to-date sale of 225.
Prices: The Median Sales price in March was $385,000, up 11.3% from the $346,000 last month, and up 21.1% from $317,990 in March 2012. The Average Sales Price in March was $380,116, up 6.4% from $357,284 last month, and up 19.5% from $317,990 in March 2012. March ASP was at it's highest level as compared to March 2012 & 2011.
Inventory & Month's Supply of Inventory (MSI): With 76 homes sold last month and 71 homes currently available in Folsom, there is less than a one month supply of available homes. Many sellers are continuing to receive multiple offers.
Average Dollar Per Square Foot for Sold Homes:
November 2011 - $153 November 2012 - $167
December 2011 - $152 December 2012 - $167
January 2012 - $150 January 2013 - $174
February 2012 - $152 February 2013 - $181
March 2012 - $151 March 2013 - $178
Stats for February 2013:
Properties for sale w/o Short Sale Contingent Status 71 $139,000 - $1,468,000
Short Sale Contingent/Pending Lender Approval 50 $110,000 - $ 700,000
Properties Sold in February 2013 66 $123,000 - $ 905,000
Properties Sold in March 2013 76 $ 82,000 - $ 722,500
Current Pending Sales 137 $ 90,000 - $1,325,500
March Sold Homes by Number of Units per Price Bracket:
$100,000's - 5 $200,000's - 11 $300,000's - 28
$400,000's - 23 $500,000's - 5 $600,000's - 2
$700,000's - 2 $800,000's - 0 $900,000+ - 0
CLICK for FOLSOM MARKET REPORT
AMERICAN RIVER CANYON NORTH
Property Sales:
March 2013 - 4 Sales
March 2012 - 1 Sale
March 2011 - 7 Sales
Prices:
The Average Sales Price for:
March 2013 - $582,750
March 2012 -$675,000
March 2011 - $621,429
Inventory & Month's Supply of Inventory (MSI):
The available inventory continues to be extremely low with 2 homes currently on the market. With 4 homes sold in March 2013 there is less than a 1 month's supply of inventory.
Average Dollar Per Square Foot for Sold Homes:
November 2011 - No Sales November 2012 - $135
December 2011 - $154 December 2012 - $154
January 2012 - $141 January 2013 - $161
February 2012 - No Sales February 2013 - $148
March 2012 - $159 March 2013 - $158
CLICK for ARCN Market Report
*Source: Metrolist MLS Data
Robin's Marketing Minute:
Visit my website RobinKaplan.com to search for homes, mortgage calculator, Folsom/ARCN Market Updates, Seller/Buyer Information, plus much more!
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