Folsom’s Home Inventory Report December 2017
Folsom Home Inventory for December 2017
Folsom continues to be in a seller’s market with only .7 months of inventory based on closed sales. We have 31.1% fewer homes for sale than the same time last year. Homes stayed on the market for an average of 45 days in December.
I expect home inventory to go down during the holidays. But what I am seeing is lower inventory from the same time last year. November 2016 to November 2017 we saw inventory go down 15.1%. December 2016 to December 2017 inventory went down 31.1% As of today there are only 51 homes for sale here in Folsom. Only 11 are $500,000 or under.
Whether you are a buyer or seller, with this type of market you need to have a good plan to achieve your goal! Feel free to contact me to discuss how best to reach your home buying/selling goal!