Folsom Sales 2009 Recap

Coldwell Banker Northern California
Folsom Office

Folsom Home Sales – 2009 Recap

The selling environment ended on an upbeat note with December sales (units) at their highest level since July 2008. However, the quantity of Bank REO and Short Sales recorded helped to pull the average selling price per square foot … for all homes … to their lowest levels of 2009. It is important to note that the average price per square foot paid for “Conventional” home sales $181.17 compared with “Bank Repos” of $162.97 and “Short Sales” at $168.79 during the last quarter of 2009.

If you may be considering the sale of your home, I would be pleased to offer a private and confidential home evaluation based on successful selling experience and market factors, not just hype. Simply call me at 916-970-7300.

Here’s a running tally of sales statistics for Folsom as provided by MLS. The figures shown reflect all homes sold by all brokers reporting sales figures to MLS.

Folsom Homes Sold 2009

CY2009	Homes Sold	Avg. Sell $	$ / SF	Avg. List $	Avg. Orig. List $	SF	DOM	Conv Sold	Sold REOs	Sold Short Sales

Dec	83	$352,840	$168	$359,254	$365,665	2116	60	42	22	19
Nov	64	$376,355	$177	$376,355	$403,209	2150	55	38	12	14
Oct	76	$362,427	$178	$366,546	$377,259	2067	69	40	24	12
Sep	64	$370,402	$179	$377,071	$392,491	2135	78	41	13	10
Aug	60	$368,885	$181	$375,695	$392,470	2072	54	37	14	9
Jul	81	$362,229	$180	$368,410	$385,824	2059	64	48	26	7
Jun	71	$355,925	$179	$360,504	$372,411	2032	58	41	17	13
May	67	$380,949	$184	$390,936	$416,649	2126	65	42	16	9
Apr	69	$375,965	$183	$386,349	$402,316	2107	78	33	22	14
Mar	56	$372,860	$183	$381,806	$408,888	2051	81	27	14	15
Feb	50	$402,941	$189	$416,108	$442,869	2169	67	31	13	6
Jan	42	$344,353	$182	$357,424	$380,658	1913	85	14	22	6

Avg	783	$368,844	$180	$376,371	$395,059	2083	68	434	215	134
								55.4%	27.5%	17.1%

Source: MetroList Services. Compiled by Bud Barnes ©2009