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Showing posts from April, 2014

Folsom / American River Canyon North Market Update - March 2014

Folsom Property Sales:   March property sales were 83, up 3.8% from 79 in March of 2013 and 49.1% higher than the 55 sales last month.   March 2014 sales were at mid level as compared to March of 2013 and 2012.   March YTD sales of 193 are running -11.1% behind last year's year-to-date sales of 217. Prices:   The Median Sales Price in March was $396,500, up 3.9% from $381,593 in March of 2013 and up 1.7% from $390,000 last month.   The Average Sales Price in March was $405,816, up 6.2% from $381,950 in March of 2013 and down -3.2% from $419,319 last month.   March 2014 ASP was at it's highest level as compared to March 2013 and 2012. Inventory & Month's Supply of Inventory:   With 83 homes sold last month and 153 homes currently available in Folsom, there is a 1.9 month supply of available homes.    The number of available listings is 153, up from 139 last month and up from 119 in January 2014.    The March 2014 MS...