Folsom
Property Sales:
December property sales were 60, down -7.7% from 65 in December of 2013, and -1.6% lower than the 61 sales last month.
December 2014 sales were at their lowest level as compared to December of 2013 and 2012.
December YTD sales of 996 are running -7.1% behind last year's year-to-date sales of 1,072..
Prices:
The Median Sales Price in December was $392,500, up 1.9% from $385,000 in December of 2013 and down -3.6% from $407,00 last month.
The Average Sales Price in December was $398,791, up 3.7% from $384,439 in December 2013 and down -0.4% from $400,544 last month.
The December ASP was at it's highest level as compared to December 2013 and 2012.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of December was 106, down -27.4% from 146 last month and down -7.0% from 114 in December of last year.
Currently, there is a 1.76 month supply of inventory.
Average Dollar Per Square Foot - Sold Homes:
2014 2013
Jan $193 $174
Feb 217 181
March 209 178
April 206 178
May 220 195
June 211 198
July 211 166
Aug 218 211
Sept 215 211
Oct 213 211
Nov 216 203
Dec 210 201
Stats for December 2014:
Properties for Sale w/o Short Sale Contingent: 106 $164,400 - $1,230,000
(114 in December 2013)
Short Sale Contingent / Pending Lender Approval: 13 $289,000 - $ 710,000
(34 in December 2013)
Pending Sales: 66 $134,900 - $1,950,000
(59 in December 2013)
Sold in December 2014 60 $139,000 - $ 805,000
(62 in December 2013)
December Sold Homes by # of Units Per Price Bracket:
$100,000's - 3 $200,000's - 5 $300,000's - 25
$400,000's - 19 $500,000's - 6 $600,000's - 1
$700,000's - 0 $800,000's - 1 $900,000+ - 0
FOLSOM MARKET REPORT
American River Canyon North
December property sales were 60, down -7.7% from 65 in December of 2013, and -1.6% lower than the 61 sales last month.
December 2014 sales were at their lowest level as compared to December of 2013 and 2012.
December YTD sales of 996 are running -7.1% behind last year's year-to-date sales of 1,072..
Prices:
The Median Sales Price in December was $392,500, up 1.9% from $385,000 in December of 2013 and down -3.6% from $407,00 last month.
The Average Sales Price in December was $398,791, up 3.7% from $384,439 in December 2013 and down -0.4% from $400,544 last month.
The December ASP was at it's highest level as compared to December 2013 and 2012.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of December was 106, down -27.4% from 146 last month and down -7.0% from 114 in December of last year.
Currently, there is a 1.76 month supply of inventory.
Average Dollar Per Square Foot - Sold Homes:
2014 2013
Jan $193 $174
Feb 217 181
March 209 178
April 206 178
May 220 195
June 211 198
July 211 166
Aug 218 211
Sept 215 211
Oct 213 211
Nov 216 203
Dec 210 201
Stats for December 2014:
Properties for Sale w/o Short Sale Contingent: 106 $164,400 - $1,230,000
(114 in December 2013)
Short Sale Contingent / Pending Lender Approval: 13 $289,000 - $ 710,000
(34 in December 2013)
Pending Sales: 66 $134,900 - $1,950,000
(59 in December 2013)
Sold in December 2014 60 $139,000 - $ 805,000
(62 in December 2013)
December Sold Homes by # of Units Per Price Bracket:
$100,000's - 3 $200,000's - 5 $300,000's - 25
$400,000's - 19 $500,000's - 6 $600,000's - 1
$700,000's - 0 $800,000's - 1 $900,000+ - 0
FOLSOM MARKET REPORT
American River Canyon North
Property Sales: 0 total - unchanged from 0 in November
Prices - Average Sales Price / Dollar Per Square Foot:
2014 2013
Jan $545,000 / $176 $549,000 / $161
Feb 637,500 / 212 570,539 / 148
March 709,995 / 187 582,750 / 158
April 654,098 / 180 601,475 / 168
May 765,000 / 172 655,000 / 168
June 629,125 / 206 622,750 / 187
July 633,725 / 173 644,800 / 168
Aug 643,250 / 182 561,250 / 202
Sept 680,000 / 206 639,500 / 158
OCT 660,833 / 179 575,000 / 168
Nov no sales 517,400/ 140
Dec no sales no sales
Pending Sales: 6 total - up 2 from November
136 Cascade F 3438 sf / 5 bed / 4 bath / pool / 2 story / yb 1988 $545,000 Short Sale
104 Crater Peak 2944 sf / 3 bed / 4 bath / pool / 2 story / yb 1998 599,999
104 Crater Peak 2944 sf / 3 bed / 4 bath / pool / 2 story / yb 1998 599,999
241 ARC Dr 4185 sf / 5 bed / 3.5 bath / pool / 2 story / yb 2003 675,000 Short Sale
254 ARC Dr 3336 sf / 3-4 bed / 3.5 bath / pool / 2 story / yb 1999 679,000
607 Broken Tp 3567 sf / 4-5 bed / 3 bath / none / 1 story / yb 2006 710,000 Short Sale
513 Fort Rock 4878 sf / 4 bed / 4 bath / pool / 2 story / yb 2006 731,500 Sold through auction with no inspections
513 Fort Rock 4878 sf / 4 bed / 4 bath / pool / 2 story / yb 2006 731,500 Sold through auction with no inspections
Available Inventory: 7 total - up 1 from November
Use the ARC North Market Report link below to view properties
Please visit my website RobinKaplan.com to search for properties, use mortgage calculators, tons of Seller & Buyer information, Market Updates, plus much, much more!
GETTING PREPARED TO SELL YOUR HOME
GETTING PREPARED TO SELL YOUR HOME
| One of the great challenges to selling a home can be showing all of its space, decor and natural light potential. For example, every home has crowded closets and dead space. Sellers should be aware that areas such as these are easy to spruce-up with a little elbow grease and old-fashioned innovation.
Begin by evaluating your closet/storage space, determine which areas can cut-down in clutter. Go through old clothes, shoes, etc., and get rid of anything that will not be used and in turn create more space. Consider organizing shelves and other areas to make better use of your storage space, including your garage and basement. Also, try to throw out or give away any old furniture that is no longer of use. All of the discarded items can be given to Good Will, Salvation Army or even sold at a yard sale.
Although most sellers keep their homes clean and well-decorated, it can be difficult to convince a buyer of a home's potential when clutter is noticeable. As an agent, it's my responsibility to offer any tips that will expedite the sale and make the experience more enjoyable for the seller.
Once you've eliminated the unwanted items and furniture, begin the 'renovation' process. For non-storage spaces that could use a little more decor, consider adding a small bookshelf complemented with a cozy reading chair. Always be sure you're filtering as much light into your property as possible. Open or replace curtains. For example, light from a window overlooking the backyard offers a room more color, a great view and the illusion of more space.
Always maximize the potential of existing decor; wash old curtains, re-stain old wood casings, anything that refreshes and emphasizes all the potential of the space and decor of the home.
Prospective buyers are often more drawn to homes with features that they don't have, those with clutter-free closets, open sunny rooms, and cozy little corners. To ensure you've realized all of the above characteristics the last step should be to bring in a friend and observe their reaction. Make sure it's an honest friend, who will offer suggestions as well as notice the improvements. Seeing your own home through someone else's eyes is a great way to make a home optimally attractive and more sellable to prospective buyers.
Be diligent in your efforts and be sure the renovations improve the aesthetic appeal of the home. All the hard work will be worth the reward of a successful sale.
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