Folsom Home Market Continues To Move
Activity for the Folsom home market is continuing to be better than a lot of areas you are probably reading about. Even with a bump in new listings Folsom’s inventory is down 26.2% from this time last year(traditional, foreclosed, shorts).
Folsom home pricing seems to be stabilizing a bit (1 month upward does not mean a trend). Folsom’s average price per square foot(traditional, foreclosed and shorts) is at $182, down just .2% from this timelast year. The month of December saw 29% of Folsom’s homes sold.(traditional, foreclosed and shorts) That was an increase from the same time last year of 84.7%. While there is a lot of buyer activity, and multiple offers for correctly priced homes, I still don’t see prices increase anytime soon.
If you would like more specific graphs based on the your own home, or one you are buying, contact me! I would be more than happy to get those to you.