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Folsom / American River Canyon North Market Update - November 2013

FOLSOM Property Sales:   November property sales were 71, down -21.1% from 90 in November of 2012 and -10.1 lower than the 79 last month.   November 2013 sales were at their lowest level as compared to November of 2012 and 2011.   November YTD sales of 1,005 are running 7.8% ahead of last year's year-to-date sales of 932. Prices:   The Median Sales Price in November was $385,000, up 11.9% from $343,917 in November of 2012 and down -4.3% from $402,500 last month.   The Average Sales Price in November was $405,142, up 16.2% from $348,527 in November of 2012 and down -3.8% from $421,352 last month.   November 2013 ASP was at it's highest level compared to November of 2012 and 2011. Inventory & Month's Supply of Inventory (MSI):   With 71 homes sold last month and 121 currently available in Folsom, we have slightly less than a 2 month supply of available inventory.   The number of new listings in November 2013 was 63, down -38.8% from...

Folsom / American River Canyon North Market Update - October 2013

FOLSOM Property Sales:   October property sales were 78, equal to 78 in October 2012 and -2.5% lower than the 80 sales last month.   October 2013 sales were at a mid level compared to October of 2012 and 2011.   October YTD sales of 933 are running 10.8% ahead of last year's year-to-date sales of 842. Prices:   The Median Sales Price in October was $403,750, up 12.9% from $357,500 in October of 2012 and down -0.9% from 407,500 last month.   The Average Sales Price in October was $422,965, up 14.7% from $368,854 in October of 2012 and up 1.6% from $416,439 last month.   October 2013 ASP was at it's highest level compared to October 2012 and 2011. Inventory & Month's Supply of Inventory (MSI):   The total inventory of properties available for sale in October was 167, down -13.5% from 193 last month and up 5.7% from 158 in October of last year.   The October MSI of 2.1 months was at a mid range compared with October 2012 a...

Folsom / American River Canyon North Market Update - September 2013

FOLSOM Property Sales:   September property sales were 80, up 4% from 75 in September of 2012 and -35% lower than the 120 sales last month.   September 2013 sales were at a mid level compared to September of 2012 and 2011.   September YTD sales of 853 are running 11.6% ahead of last year's year-to-date sales of 764. Prices:   The Median Sales Price in September was $410,000, up 20.6% from $340,000 in September of 2012 and down -1.9% from $418,023 last month.   The Average Sales Price in September was $417,771, up 16.1% from $359,785 in September of 2012 and down -1.3% from $423,087 last month.   September 2013 ASP was at it's highest level compared to September 2012 and 2011. Inventory & Month's Supply of Inventory (MSI):   The total inventory of properties available for sale in September was180, down -4.8% from 189 last month and up 26.8% from 142 in September 2012.    September 2013 inventory was at a mid range as compared...