Folsom Homes For Sale Remain Elusive

Folsom home inventory remains low

Folsom home inventory remains low

Folsom continues to have few homes for sale.  Buyers are out in force trying to find a home.  Multiple offers continue for homes that are priced correctly.  I am seeing sellers/agents push the pricing higher.

Our inventory is down 28.6% from this time last year.  Based on closed sales Folsom had one month of inventory. (meaning we sold as many homes as we listed)  If the low inventory continues Buyers will continue to face fierce competition for the homes that are available.