Folsom Real Estate Trends – Non Reo

Folsom’s average price per square foot continues to hover around the $180’s. Folsom is down 9.7% from this time last year. The average list price of a home in Folsom for June was $510,000. The average sold price for June was $384,000.  The activity is under $500,000. The average list price vs sold price difference for June was 96%. Folsom’s median price for a non-reo home was $380,000.
Inventory is still low with 206 homes for sale(non-reo). And a majority of those 206 homes are short sales. The average days on market for a non-reo Folsom home is 75. Folsom had 4.7 months of inventory in June(non-reo)