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Showing posts from September, 2015

Folsom / American River Canyon North Market Update - August 2015

FOLSOM Property Sales:  August property sales were 99, down -2.9% from 102 in August of 2014, and  -20.2% lower than the 124 sales last month.   August 2015 sales were at their lowest level as compared to July of 2014 and 2013.   August YTD sales of 738 are running 7.3% ahead of last year's year-to-date sales of 688. Prices:   The Median Sales Price in August was $435,000, up 1.9% from $427,000 in August of 2014 and down -4.3% $454,594 last month.   The Average Sales Price in August was $445,739, down -2.6% from $457,656 in August of 2014 and down -3.6% from $462,449 last month.   The August ASP was at mid range as compared to August of 2014 and 2013. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of August was 194, down -2.9% from 204 last month and down -15.4% from 234 in August of last year.   Currently, there is a 2 month supply of inventory. Average Dollar Per Square Foot - So...