American River Canyon North / Folsom Market Update

Property Sales:    0 Total - Down 1 from 1 in January                Last List Price /  Sold Price Pending Sales:    5 total -  Up 3 from January   111 Engelhart     3291 sf / 3 bed / 3 bath /         / pool /                  $629,000   Short Sale  100 Twin Buttes  3600 sf / 5 bed / 3 bath /        /         /                    685,000  207 ARC Dr        3737 sf / 6 bed / 3 bath /        / pool /                     749,000  116 Copper Crk  4774 sf / 5 bed / 3 bath /        /         /                     779,000  213 ...

Property Sales:  February property sales were 42, down -12.5% from 48 in February of 2016, and equal to the 42 sales last month.   February 2017 sales were at their lowest level as compared to February of 2016 and 2015.   February YTD sales of 84 are running -11.6% behind last year's year-to-date sales of 95. Prices:   The Median Sales Price in February was $477,500, up 5.8% from $451,392 in February of 2016 and up 3.4% from $462,000 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in February was $487,618, up 4.7% from $465,887 in February of 2016 and up 2.5% from $475,804 last month.   The February ASP was at it's highest level as compared to February of 2016 and 2015. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of February was 81, down -11% from 91 last month and down -25% from 108 in Febru...