folsom: Folsom CA is a Seller's Market!
- 02/04/10 05:54 AM
You may be hearing that it's a buyer's market. Since real estate is a local business, to know the market, you must dig deeper than national or even regional statistics. Folsom, CA is a highly desirable, family oriented community which is located in the Greater Sacramento Region. In Folsom in December 2009, there were 64 single family homes sold at 94% of the list price. The average days on market for the same month was 76 and the average price per square foot was $169. There was only 2.4 months of inventory. Because inventory defines the "market", when the inventory is less than 5 months, … (0 comments)
You may be hearing that it's a buyer's market. Since real estate is a local business, to know the market, you must dig deeper than national or even regional statistics. Folsom, CA is a highly desirable, family oriented community which is located in the Greater Sacramento Region. 
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