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Folsom / American River Canyon North Market Update - June 2014

Folsom Property Sales:   June property sales were 84, down -28% from 117 in June 2013 and -27% lower than the 115 sales last month.   June 2014 sales were at their lowest level compared to June 2013 and 2012.   June YTD sales of 486 are running -12% behind last year's year-to-date sale of 552. Prices:   The Median Sales Price in June was $423,146, up 5.8% from $399,000 in June of 2013 and up 3.2% from $410,000 last month.   The Average Sales Price in June was $438,463, up 5.3% from $416,643 in June 2013 and up 3.6% from $423,533 last month.   June 2014 ASP was at it's highest level compared to June of 2013 and 2012. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale in June was 226, up 9.2% from 207 last month and up 24.9% from 181 in June of last year.   There is currently a 2.7 month supply of available homes. Average Dollar per Square Foot - Sold Homes        ...

Folsom / American River Canyon North Market Update - May 2014

Folsom Property Sales:   May property sales were 110, down -13.4% from 127 in May 2013 and 25% higher than the 88 sales last month.   May 2014 sales were at a mid level as compared to May of 2013 and 2012.   May YTD sales of 397 are running -8.7% behind last year's YTD sales of 425. Prices:   The Median Sales Price in May was $410,000, up 9.3% from $375,000 in May of 2013 and up 1.1% from $405,500 last month.   The Average Sales Priced in May was $423,717, up 11.8% from $379,042 in May of 21013 and down -0.1% from $424,159 last month.   The May 2014 ASP was at it's highest level as compared to May of 2013 and 2012. Inventory and Month's Supply of Inventory:   The total inventory of properties available for sale as of May was 188, down -5.5% from 199 last month and up 22.9% from 153 in May of 2013.   There is  currently a 1.7 month supply of available homes. Average Dollar per Square Foot - Sold Homes       ...

Folsom / American River Canyon North Market Update - April 2014

Folsom Property Sales:   April property sales were 87, down -4.4% from 91 in April of 2013 and equal to 87 sales last month.   April 2014 sales were at their lowest level as compared to April of 2013 and 2012.    April YTD sales of 285 are running -7.5% behind last year's year-to-date sales of 308. Prices:   The Median Sales Price in April was $416,000, up 10.9% from $375,000 in April of 2013 and up 4.0% from $400,000 last month.   The Average Sales Price in April was $425,299, up 4.3% from $407,700 in April of 2013 and up 4.0% from $408,867 last month.   The April ASP was at it's highest level as compared to April of 2013 and 2012. Inventory & Month's Supply of Inventory:   With 87 homes sold in April and 179 homes currently available in Folsom, there is a 2.2 months supply of available homes.   The number of listings is 179, up from 153 last month and up from 136 in April of 2013.   The April 2014 MSI of 2.2 months wa...