FOLSOM

FOLSOM

Property Sales:
 July property sales were 123, up 25.5% from 98 in July of 2014, and  -0.8% lower than the 124 sales last month.
  July 2015 sales were at their highest level as compared to July of 2014 and 2013.
  July YTD sales of 637 are running 8.7% ahead of last year's year-to-date sales of 586.

Prices:
  The Median Sales Price in July was $450,000, up 0.7% from $447,000 in July of 2014 and equal to $450,000 last month.
  The Average Sales Price in July was $462,062, up 0.8% from $458,299 in June of 2014 and down -0.6% from $464,937 last month.
  The July ASP was at it's highest level as compared to July of 2014 and 2013.

Inventory & Month's Supply of Inventory:
  The total inventory of properties available for sale as of July was 187, down -13.4% from 216 last month and down -29.2% from 264 in July of last year.
  Currently, there is a 1.5 month supply of inventory.

Average Dollar Per Square Foot - Sold Homes:
                   2015                   2014                    2013              
Jan             $210                    $193             
Feb              212                      217                     
March          215                     209                    
April            222                     206                      
May            222                      220                    
June          219                      211                    
July          225                       211                    
Aug                                         218                       211
Sept                                        215                       211
Oct                                         213                       211
Nov                                        216                       203               
Dec                                        210                       201 
     
Stats for July 2015:
  Properties for Sale w/o Short Sale Contingent:              177     $168,700   -  $1,299,000
    (219 in July 2014)
  Short Sale Contingent / Pending Lender Approval:         10     $275,585  -  $    525,000
    (27 in July 2014)
  Pending Sales:                                                                    139    $171,000  -  $    829,900 
    (134 in July 2014)
  Sold in July 2015                                                                 123    $198,150  -  $    979,000
    (90 in July 2014)

July Sold Homes by # of Units Per Price Bracket:
   $100,000's - 1          $200,000's - 12        $300,000's - 28
   $400,000's - 40        $500,000's - 29        $600,000's - 6
   $700,000's - 3          $800,000's - 2          $900,000+ - 2

FOLSOM MARKET REPORT

AMERICAN RIVER CANYON NORTH

Property Sales:   3 Total - Down 2 from 5 in June

  102 Tower Rock  3927 sf / 4-5 bed / 4 bath / pool / 1 story / yb 1995           $685,000
  168 Temperance 3578 sf / 5 bed / 3.5 bath / pool / 2 story / yb  2005            700,000  Short Sale
   222 N Falls           4379 sf / 6 bed  / 4.1 bath / pool / 2 story / yb 2006          955,000

Prices - Average Sales Price / Dollar Per Square Foot:

                      2015                          2014                           2013                            

Jan           $729,100 / $194         $545,000 / $176      

Feb             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   (one sale in May 2015)     

June          827,100 /  208            629,125 /   206

July           780,000 /  196            633,725 /   173       

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:   5 total - Down 1 from 6 in June
   113 Cascade Fls   2579 sf / 4 bed  / 3 bath   /          / 2 story  yb 1989      $499,000

   221 ARC Dr          2918 sf / 4 bed / 3 bath    /         / 1 story / yb 1994        617,000
  123 Lost Creek    3792 sf / 5 bed / 3 bath    /         / 2 story  / yb 1988       735,000
  123 Tomlinson       4785 sf / 4 bed / 4 bath   / pool / 2 story  / yb 1990        739,000

   316 Canyon Falls 4849 sf / 5-6 bed/3 bath  /  pool / 2 story / yb  1991         750,000

   

Available Inventory:   18 total - Down 2 from 20 in June 

  Use the ARC North Market Report link below to view properties

ARCN MARKET UPDATE

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