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Folsom, California May Real Estate Report - A Bright Spot!

By
Real Estate Agent with Re/Max Gold

Folsom is a bright spot in the real estate market. There is an excellent selection to choose from with 285 active listings of single family homes - down from 302 just 2 weeks ago.  Prices range from $199,900 for a 3 Bed/2 Bath to a 4000 sq ft custom home in Hillcrest with pool for $1,399,000.

There are 100 homes in Folsom priced under $400,000 showing the affordability of living in this much sought after area.

There are 120 pending sales - another big increase - with average days on the market at 53 which is an excellent statistic for a seller.  There are 160 sold listings in the last 3 months indicating great turnover activity.  Average days on the market for sold listings are 52. Average list price to sale price has increased again to 96.7%.

 

 

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