Home Prices and Market Trends in Folsom CA for November 2015
Real estate market data for Folsom CA provided by David Vandermyden of Pacific Coast Group Real Estate, Keller Williams.
Folsom CA Home Prices and Market Trends for November 2015
Folsom CA home prices have again increased in November by 1.8%. The current figures are now the highest we've in the Folsom market for the past fifteen months. There were, however, 42.3% less homes sold during the same month. Average days on the market dropped by 11 days while inventory sharply rose by 0.5 months. Folsom market trends for November still point towards a seller's market. The current period remains to be a good time to sell your home - and an agent who can price your home within its market value will help you a lot. If you are interested in selling, we can help you find out what your home is worth. We also have some of the best agents who are experts in the Folsom CA to help you sell your property quickly and to the perfect buyers.
The number of active listings went down by 23.3% in November. Even with the recent increase, inventory is still low. Properties are still selling fast in Folsom, and potential buyers need to be quick and wise in their home-buying decisions. If you are eyeing the Folsom area, it is best to get yourself an expert agent in order to zero in on your perfect home and give your best offer. If you are in need of a buyer’s agent, we have the best local agents for Folsom. Our page is a great place to look into if you are interested in the current home inventory in the Folsom CA market.
Folsom CA Market Trends
The average list price in November for single family homes in Folsom is $596,000.
The list price increased by 0.2% from the previous month.
The price per square foot for listings in the area is $225.
The average sales price in November for single family homes is $446,000.
The sales price increased by 7.0% from November 2014.
The number of months of inventory is 1.7 months and has decreased by 29.4% compared to November 2014.
Find Homes for Sale in the Folsom CA
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