Folsom Real Estate Statistics Report - September 2011

	1 quarter			1 year			6 years
	June 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 05	Sep 11	% Change
For Sale	193	172	-10.9%	256	172	-32.8%	283	172	-39.2%
New Listing	108	108	0%	108	108	0%	193	108	-44%
Sold	81	86	6.2%	47	86	83%	95	86	-9.5%
Pended	103	101	-1.9%	57	101	77.2%	91	101	11%

The number of homes for sale in Folsom decreased in September when compared to June of this year and September of last year.

The number of new listings that were added to to the market in September was the same as the number added in June and the number added to the market in September of last year.

As of October 24th, 2011 there are 127 homes listed in Folsom that are short sales in contract awaiting bank approval, compared to 111 on July 28th.

The number of homes that were pending sale in September was slightly lower than the number of homes pending sale in June, but substantially higher than the number that were pending sale in September of last year.

The number of homes that sold in Folsom in September was higher than the number of homes sold in June of this year, and substantially higher than the number sold in September of last year.

To view a list and map of the recent homes that sold in Folsom, click Folsom home sales July - September 2011.

To view an analysis of foreclosure activity in Folsom, California for the period, click Folsom Foreclosure Report September 2011.

To view a current list of the homes for sale in Folsom, click Homes for Sale in Folsom.

Folsom Average Price Per Square-Foot

	1 quarter			1 year			6 years
	June 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 05	Sep 11	% Change
Avg. Sq. Ft. Price	156	158	1.2%	168	158	-6%	265	158	-40.5%

The average price per square foot of Folsom homes was higher in September than it was in June of this year, but was lower than September of last year.

Folsom Average List Price and Average Sales Price

	1 quarter			1 year			6 years
	June 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 05	Sep 11	% Change
Avg. Active Price	391	388	-0.8%	421	388	-7.8%	617	388	-37.1%
Avg. Sold Price	336	338	0.6%	372	338	-9.1%	577	338	-41.4%

The average asking price for Folsom homes was lower in September than it was in June of this year and September of last year.

The average sales price of Folsom homes was higher in September than it was in June of this year, but lower than in September of 2010.

Folsom Median Home Sales Price

	1 quarter			1 year			6 years
	June 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 05	Sep 11	% Change
Median Price	315	312	-1%	346	312	-9.8%	540	312	-42.2%

The median sales price of homes in Folsom was lower in September when compared to June of this year and when compared to September of last year.

Folsom Number of Months of Housing Inventory

	1 quarter			1 year			6 years
	June 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 05	Sep 11	% Change
Months of Inventory (Closed Sales)	2.4	2	-16.7%	5.4	2	-63%	3	2	-33.3%

The inventory of homes for sale in Folsom, when calculated using the number of homes for sale compared to the number of homes that have recently sold, stands at 2 months, which is lower than June of this year and September of last year.

Folsom Average Days on Market and Sales Price to List Price %

	1 quarter			1 year			6 years
	June 11	Sep 11	% Change	Sep 10	Sep 11	% Change	Sep 05	Sep 11	% Change
Avg. CDOM	89	84	-5.6%	90	84	-6.7%	0	84	n/a
Sold/List Diff. %	98	98	0%	98	98	0%	99	98	-1%

Average consecutive days on market for Folsom homes sold in September was lower than in June of this year and September of last year.

The average discount negotiated off the list price of Folsom homes was 2% in September compared to 2% in Juney and 2% in September of last year.

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Folsom, please feel free to call us at 916-728-1981.

*All reports are published October. 2011, based on data available at the end of September. 2011.
All reports and graphs presented  were created by www.TrendGraphix.com and are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.