Folsom

Market Update

September 2017 is a Seller’s market! The number of for sale listings was down 19.2% from one year earlier and down 5.6% from the previous month. The number of sold listings decreased 7.4% year over year and increased 10.1% month over month. The number of under contract listings was up 6.5% compared to the previous month and up 25.3% compared to the previous year. The Months of Inventory based on Closed Sales is 1.4, down 12.9% from the previous year.

The Average Sold Price per Square Footage was down 0.4% compared to the previous month and up 10.1% compared to last year. The Median Sold Price increased by 3.7% from last month. The Average Sold Price also increased by 3% from last month. Based on the 6 month trend, the Average Sold Price trend is “Neutral” and the Median Sold Price trend is “Appreciating”.

The Average Days on Market showed a neutral trend, a decrease of 31.2% compared to the previous year. The ratio of Sold Price vs. Original List Price is 99%, an increase of 1% compared to the previous year.

Proprietary charts with momentum (Þ):

About

Folsom is very popular and is usually in the top 5 median prices in any given month. With newer infrastructure and home construction, areas like Empire Ranch, Briggs Ranch, Prairie Oaks, Los Cerros, Broadstone, and Willow Springs all have some lofty values.

Folsom map

5-Year Charts:

Call me to get insider info into any of these Listings:

 
$1,675,000 (For Sale)
Beds: 6
Baths: 6 | 1
Sq. Ft.: 6,682
Listing Office: G. Teehan Realty
 
$1,350,000 (For Sale)
Beds: 5
Baths: 3 | 1
Sq. Ft.: 4,820
Listing Office: Keller Williams Realty
 
$1,273,500 (For Sale)
Beds: 4
Baths: 3
Sq. Ft.: 5,350
Listing Office: Lyon RE Folsom
 
$1,150,000 (For Sale)
Beds: 3
Baths: 3 | 1
Sq. Ft.: 3,424
Listing Office: Navigate Realty
 
Open House: Dec 17, 2017 1:00 PM - 3:00 PM
471 Rockport Circle, Folsom, CA 95630
$1,099,000 (For Sale)
Beds: 4
Baths: 3 | 1
Sq. Ft.: 4,508
Listing Office: Keller Williams Realty Folsom
 
$1,095,000 (For Sale)
Beds: 4
Baths: 3 | 1
Sq. Ft.: 4,098
Listing Office: Lyon RE Folsom
 
$1,050,000 (For Sale)
Beds: 5
Baths: 4
Sq. Ft.: 3,901
Listing Office: River Ridge Realty
 
$1,025,000 (For Sale)
Beds: 6
Baths: 3 | 1
Sq. Ft.: 4,193
Listing Office: RE/MAX Gold Laguna
 
$1,014,950 (For Sale)
Beds: 4
Baths: 3 | 2
Sq. Ft.: 3,851
Listing Office: Pinnacle Real Estate Group
 
$1,000,000 (For Sale)
Beds: 4
Baths: 4 | 1
Sq. Ft.: 4,583
Listing Office: Keller Williams Realty Folsom
 
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All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information.

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MetroList CA data last updated at December 16, 2017 7:05 PM PT

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