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January 26, 2009

Folsom Homes for Sale and October - December 2008 Statistics

Folsom Homes for Sale

Folsom Homes for Sale     

Of the 239 homes for sale in Folsom, 22 are bank owned homes and 84 are short sales. That means 9% of the homes for sale are bank repos and 35% are short sales.

The least expensive home for sale in Folsom is a 1,346 square-foot short sale on Duchow Way, which is listed for $170,000. The most expensive home for sale in Folsom is a 4,717 square-foot home in Terrazzo Estates on Serpa Way, which is listed for $1,299,000.

To view the photos and details available for these homes, along with all other homes for sale in Folsom, click Folsom homes for sale.

Folsom Homes Pending Sale

Folsom Homes Pending Sale  

21 of the 67 homes pending sales in Folsom are bank owned and 17 are short sales. That means 31% of the pending sales are bank repos and 25% are short sales. 

Folsom Homes Sold Between October and December 2008 vs. July through September 2008

Folsom Homes Sold vs. Last Qtr            

Of the 161 homes that sold in Folsom between October and December 2008, 53 were bank owned homes and 22 were short sales. That means 33% of the sales in Folsom were bank repos and 14% were short sales.

The least expensive home that sold in Folsom between October and December 2008 was a 900 square-foot home on Comstock Drive, which sold for $145,000 after being listed for $229,900. The most expensive home that sold in Folsom between October and December 2008 was a 4,175 square-foot home in Terrazon Estates on Serpa Way, which sold for $920,000 after being listed for $999,000.

Folsom Homes Sold Between October and December 2008 vs. October through December 2007

Folsom Homes Sold vs. Last Year   

If you have any questions regarding these statistics or if you are interested in buying or selling a home in Folsom, please feel free to call us at 916-728-1981, e-mail us at pat@patandalison.com or leave a comment below.

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