Folsom
Property Sales:
May property sales were 110, down -13.4% from 127 in May 2013 and 25% higher than the 88 sales last month.
May 2014 sales were at a mid level as compared to May of 2013 and 2012.
May YTD sales of 397 are running -8.7% behind last year's YTD sales of 425.
Prices:
The Median Sales Price in May was $410,000, up 9.3% from $375,000 in May of 2013 and up 1.1% from $405,500 last month.
The Average Sales Priced in May was $423,717, up 11.8% from $379,042 in May of 21013 and down -0.1% from $424,159 last month.
The May 2014 ASP was at it's highest level as compared to May of 2013 and 2012.
Inventory and Month's Supply of Inventory:
The total inventory of properties available for sale as of May was 188, down -5.5% from 199 last month and up 22.9% from 153 in May of 2013.
There is currently a 1.7 month supply of available homes.
Average Dollar per Square Foot - Sold Homes
2014 2013 2012
Jan $193 $174
Feb 217 181
March 209 178
April 206 178
May 220 195
June 198 150
July 198 166
Aug 211 168
Sept 211 169
Oct 211 169
Nov 203 168
Dec 201 167
Stats for May 2014:
Properties for sale w/o Short Sale Contingent 174 $169,500 - $1,475,000
(92 homes in this status May 2013)
Short Sale Cont / Pending Lender Approval 32 $250,000 - $ 775,000
(40 homes in this status May 2013)
Pending Sales 117 $225,000 - $ 899,000
(178 homes in this status May 2013)
Sold in May 2014 112 $145,000 - $ 765,000
(90 homes in this status May 2013)
April Sold Homes by # of Units Per Price Bracket:
$100,000's - 2 $200,000's - 14 $300,000's - 38
$400,000's - 34 $500,000's - 13 $600,000's - 7
$700,000's - 3 $800,000's - 0 $900,000 + - 0
Folsom Market Report - May 2014
American River Canyon North
Property Sales - May 2014:
314 Alpine Falls 4442 sf / 5 bed / 3.5 ba / YB 2003 / pool / / $765,000
Prices - Average Sales Price & Dollar Per Square Foot:
2014 2013 2012
Jan $545,000 / $176 (1 sale) $549,00 / $161 (1 sale)
Feb 637,500 / 212 (1 sale) 570,539 / 148
March 709,995 / 187 582,750 / 158
April 654,098 / 180
May 765,000 / 172 (1 sale) 655,000 / 168
June 622,750 / 187 581,667 / 151
July 644,800 / 168 490,000 / 167
Aug 561,250 / 202 466,225 / 141
Sept 639,500 / 158 600,400 / 158
Oct 575,000 / 168 (1 sale) no sales
Nov 517,000 / 140 (1 sale) 501,125 / 135
Dec no sales 555,666 / 157
Available Inventory: 15 homes - no change since last month
124 Tomlinson 3872 sf / YB 1991 / 4 bed / 4 bath $550,00
268 Alpine Falls 2220 sf/ YB 2003 / 3 bed / 2 bath pool 550,000
100 Buckner Ct 3154 sf / YB 1988 / 4 bed / 3.5 bath pool 609,000
139 ARC Dr 3769 sf / YB 1989 / 4 bed / 3.5 bath 649,000
153 Kettle Rock 3200 sf / YB 2003 / 4-5 bed / 2.5 bath 679,000
102 Flat Rock 4416 sf / YB 1990 / 5 bed / 4.5 bath pool 699,000
138 Tomlinson 4816 sf / YB 1990 / 5-6 bed / 5.5 bath pool 699,900
302 Alpine Falls 3527 sf / YB 2002 / 4 bed / 3 bath 699,900
158 Pinnacle Bt 3667 sf / YB 2005 / 4-5 bed / 3 bath pool 729,000
328 Canyon Falls 4610 sf / YB 1997 / 5 bed / 5 bath pool 755,000
607 Broken Top 3567 sf / YB 2006 / 4-5 bed / 3 bath 1 story 800,000 (Short Sale)
102 Hinkle Ct 4785 sf / YB 1989 / 5-6 bed / 4 bath pool 849,500
108 Feather Falls 4189 sf / YB 1998 / 4 bed / 3 bath 875,000
100 Copper Crk 4152 sf / YB 1991 / 4-5 bed / 3.5 bath 948,000
146 Red Ridge 3762 sf / YB 2007 / 5 bed / 3.5 bath pool 1,098,000
Pending Sales: 8 homes - up 2 from last month
101 Twin Bt 2974 sf / YB 2001 / 4 bed / 3 bath $589,000
104 Sturges Ct 3035 sf / YB 1988 / 4 bed / 3.5 bath pool 618,000
113 Flat Rock 3269 sf / YB 1998 / 4-5 bed / 3.5 ba 1 stry pool 669,000
241 ARC Dr 4185 sf / YB 2003 / 5 bed / 3.5 bath pool 675,000 (Short Sale)
141 Chimney 4817 sf / YB 2004 / 4 bed / 3.5 bath pool 699,000 (Short Sale)
168 Temperan 3578 sf / YB 2005 / 5 bed / 3.5 bath pool 699,000 (Short Sale)
100 Light Ct 4119 sf / YB 1989 / 5 bed / 3 bath pool 699,900 (Short Sale)
126 Carmody 3630 sf / YB 1990 / 4 bed / 3.5 bath pool 725,000
148 Red Ridge 4944 sf / YB 2006 / 5 bed / 5 bath pool 750,000 (Short Sale)
Sold: 1 home - up from 0 homes last month
314 Alpine Falls 4442sf / YB 2001 / 5 bed / 3.5 bath pool $765,000
American River Canyon North Market Report - May 2014
Robin's Marketing Minute:
Please visit my website RobinKaplan.com for property searches, Seller/Buyer Information, Mortgage Calculators, Market Updates plus much, much more!
Property Sales:
May property sales were 110, down -13.4% from 127 in May 2013 and 25% higher than the 88 sales last month.
May 2014 sales were at a mid level as compared to May of 2013 and 2012.
May YTD sales of 397 are running -8.7% behind last year's YTD sales of 425.
Prices:
The Median Sales Price in May was $410,000, up 9.3% from $375,000 in May of 2013 and up 1.1% from $405,500 last month.
The Average Sales Priced in May was $423,717, up 11.8% from $379,042 in May of 21013 and down -0.1% from $424,159 last month.
The May 2014 ASP was at it's highest level as compared to May of 2013 and 2012.
Inventory and Month's Supply of Inventory:
The total inventory of properties available for sale as of May was 188, down -5.5% from 199 last month and up 22.9% from 153 in May of 2013.
There is currently a 1.7 month supply of available homes.
Average Dollar per Square Foot - Sold Homes
2014 2013 2012
Jan $193 $174
Feb 217 181
March 209 178
April 206 178
May 220 195
June 198 150
July 198 166
Aug 211 168
Sept 211 169
Oct 211 169
Nov 203 168
Dec 201 167
Stats for May 2014:
Properties for sale w/o Short Sale Contingent 174 $169,500 - $1,475,000
(92 homes in this status May 2013)
Short Sale Cont / Pending Lender Approval 32 $250,000 - $ 775,000
(40 homes in this status May 2013)
Pending Sales 117 $225,000 - $ 899,000
(178 homes in this status May 2013)
Sold in May 2014 112 $145,000 - $ 765,000
(90 homes in this status May 2013)
April Sold Homes by # of Units Per Price Bracket:
$100,000's - 2 $200,000's - 14 $300,000's - 38
$400,000's - 34 $500,000's - 13 $600,000's - 7
$700,000's - 3 $800,000's - 0 $900,000 + - 0
Folsom Market Report - May 2014
American River Canyon North
Property Sales - May 2014:
314 Alpine Falls 4442 sf / 5 bed / 3.5 ba / YB 2003 / pool / / $765,000
Prices - Average Sales Price & Dollar Per Square Foot:
2014 2013 2012
Jan $545,000 / $176 (1 sale) $549,00 / $161 (1 sale)
Feb 637,500 / 212 (1 sale) 570,539 / 148
March 709,995 / 187 582,750 / 158
April 654,098 / 180
May 765,000 / 172 (1 sale) 655,000 / 168
June 622,750 / 187 581,667 / 151
July 644,800 / 168 490,000 / 167
Aug 561,250 / 202 466,225 / 141
Sept 639,500 / 158 600,400 / 158
Oct 575,000 / 168 (1 sale) no sales
Nov 517,000 / 140 (1 sale) 501,125 / 135
Dec no sales 555,666 / 157
Available Inventory: 15 homes - no change since last month
124 Tomlinson 3872 sf / YB 1991 / 4 bed / 4 bath $550,00
268 Alpine Falls 2220 sf/ YB 2003 / 3 bed / 2 bath pool 550,000
100 Buckner Ct 3154 sf / YB 1988 / 4 bed / 3.5 bath pool 609,000
139 ARC Dr 3769 sf / YB 1989 / 4 bed / 3.5 bath 649,000
153 Kettle Rock 3200 sf / YB 2003 / 4-5 bed / 2.5 bath 679,000
102 Flat Rock 4416 sf / YB 1990 / 5 bed / 4.5 bath pool 699,000
138 Tomlinson 4816 sf / YB 1990 / 5-6 bed / 5.5 bath pool 699,900
302 Alpine Falls 3527 sf / YB 2002 / 4 bed / 3 bath 699,900
158 Pinnacle Bt 3667 sf / YB 2005 / 4-5 bed / 3 bath pool 729,000
328 Canyon Falls 4610 sf / YB 1997 / 5 bed / 5 bath pool 755,000
607 Broken Top 3567 sf / YB 2006 / 4-5 bed / 3 bath 1 story 800,000 (Short Sale)
102 Hinkle Ct 4785 sf / YB 1989 / 5-6 bed / 4 bath pool 849,500
108 Feather Falls 4189 sf / YB 1998 / 4 bed / 3 bath 875,000
100 Copper Crk 4152 sf / YB 1991 / 4-5 bed / 3.5 bath 948,000
146 Red Ridge 3762 sf / YB 2007 / 5 bed / 3.5 bath pool 1,098,000
Pending Sales: 8 homes - up 2 from last month
101 Twin Bt 2974 sf / YB 2001 / 4 bed / 3 bath $589,000
104 Sturges Ct 3035 sf / YB 1988 / 4 bed / 3.5 bath pool 618,000
113 Flat Rock 3269 sf / YB 1998 / 4-5 bed / 3.5 ba 1 stry pool 669,000
241 ARC Dr 4185 sf / YB 2003 / 5 bed / 3.5 bath pool 675,000 (Short Sale)
141 Chimney 4817 sf / YB 2004 / 4 bed / 3.5 bath pool 699,000 (Short Sale)
168 Temperan 3578 sf / YB 2005 / 5 bed / 3.5 bath pool 699,000 (Short Sale)
100 Light Ct 4119 sf / YB 1989 / 5 bed / 3 bath pool 699,900 (Short Sale)
126 Carmody 3630 sf / YB 1990 / 4 bed / 3.5 bath pool 725,000
148 Red Ridge 4944 sf / YB 2006 / 5 bed / 5 bath pool 750,000 (Short Sale)
Sold: 1 home - up from 0 homes last month
314 Alpine Falls 4442sf / YB 2001 / 5 bed / 3.5 bath pool $765,000
American River Canyon North Market Report - May 2014
Robin's Marketing Minute:
Please visit my website RobinKaplan.com for property searches, Seller/Buyer Information, Mortgage Calculators, Market Updates plus much, much more!
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