Folsom, CA Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows.
The Numbers Month to Month and Year to Year
The median sales price for Folsom, CA Homes for Sale was $100,000 in February 2014 compared to $90,000 during January 2014 and $85,000 February 2013.
The number of Folsom, CA Homes for Sale that sold was 23 in February 2014 vs. 22 in January 2014 and 20 that sold February 2013.
There are 18 Folsom, CA Homes for Sale that are in contract which represents 27% of the overall available inventory of 71 homes.
A few highlights of the current Folsom, CA Homes for Sale are shown below and represent a nice cross section of properties available, in contract and that have sold.
This Month’s Most Expensive
The most expensive of all Folsom, CA Homes for sale this month is listed at $890,000 and includes 4 bedrooms, 3 bath and has 2,600 sqft. I toured this home last week and what impressed me the most was the natural light it got from the south facing windows all along the back of the home (schedule a showing).
This Month’s Least Expensive
The least expensive of all Folsom, CA homes for sale came in at $71,000 and would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 2 bedrooms and 1 bath with 1,600 sqft and could use a little updating (schedule a showing).
This Month’s Must See
There were some great Folsom, CA Homes for Sale to consider for this month’s ‘Must See’ home tour.
A home on Duncan St listed at $670,000 is this month’s winner as it shows how great interior design can give a space a much bigger feeling. Looking at the stats of this home online may not impress you with the idea that it has a lot of room, but the layout of the home and the interior design give it the feel of a home with much more sqft than it actually has (schedule a showing).