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...

Property Sales:  January property sales were 41, down -12.8% from 47 in January of 2016, and -50% lower than the 82 sales last month.   January 2017 sales were at their lowest level as compared to December of 2016 and 2015.   January  YTD sales of 41 are running -12.8% behind last year's year-to-date sales of 47. Prices:   The Median Sales Price in January was $465,000, up 5.9% from $438,900  in January of 2016 and down -5.1% from $490,000 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in January was $478,080, up 4.8% from $456,101 in January of 2016 and down - 4.1% from $498,543 last month.   The January ASP was at it's highest level as compared to January of 2016 and 2015. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of January was 84, up 16.7% from 72 last month and down -17.6% f...

Property Sales:    1 Total - Down 4 from 5 in December                Last List Price /  Sold Price     145 Carmody    3351 sf / 4-5 bed / 3 ba /             / pool /                $750,000              $730,000 Pending Sales:    2 total -  Unchanged from 2 in December    252 Cascade F  3150 sf / 4 bed / 3 ba / 1 story /        /                   $799,000   213 Cascade F  3928 sf / 4/5 bed / 4.5 ba /      / pool /                     949,000        Prices - Average Sales Price / Dollar Per Square Foot:            ...

Property Sales:    5 Total - Up 4 from 1 in November                Last List Price /  Sold Price    257 ARC Dr       3164 sf / 4 bed / 3.5 ba / 1 story / pool /              $625,000  /  $625,000    Short Sale   268 Alpine Falls 2220 sf / 3 bed / 2 ba   / 1 story /  pool /                639,000 /     639,000   300 Canyon Fls  3227sf / 5 bed / 3 ba /               /          /                739,000 /     720,000   521 Fort Rock    3286 sf / 4-5 bed / 3.5 ba /        /          /                774,900 /     750,000 (half acre+ lot)  152 Te...

Property Sales:  December property sales were 77, down -1.3% from 78 in December of 2015, and -3.8% lower than the 80 sales last month.   December 2016 sales were at mid level as compared to December of 2015 and 2014.   December YTD sales of 1,094 are running -1.2% behind last year's year-to-date sales of 1,107. Prices:   The Median Sales Price in December was $492,000, up 11.3% from $441,868 in December of 2015 and up 8.5% from $453,500 last month.   Median = the same # of properties sold above & below the Median Price   The Average Sales Price (ASP) in December was $504,033, up 8% from $466,829 in December of 2015 and up 3.7% from $485,841 last month.   The December ASP was at it's highest level as compared to December of 2015 and 2014. Inventory & Month's Supply of Inventory:   The total inventory of properties available for sale as of December was 66, down -40% from 110 last month and down -29% from 93 in Decem...

Property Sales:    1 Total - Down 1 from 2 in October                       Last List Price /  Sold Price      159 ARC Dr       3192 sf / 4 bed / 3 ba /               /  pool /                        679,000          $625,000 Prices - Average Sales Price / Dollar Per Square Foot:                             2016                                 2015                               2014                                         ...