March 7, 2019
Folsom Market Report – February 2019
Single Family Homes in Folsom
Folsom Market Report – Real Estate Market
The Folsom Market Report was prepared by Leilani Souza.
What is the real estate market like in Folsom, California? According to market data from February 2019, Folsom has 1.6 months of inventory. This means that it is a Seller’s Market in Folsom, CA. Start planning now if you want to sell your home and contact us for a complimentary consultation. We can give you an estimate of your home’s value and help you prevent mistakes that many sellers make.
How do we calculate the months of inventory? Find out in the next section.
Folsom Market Report – For Sale / Sold / Pending
The number of properties for sale divided by the number of properties sold equals the months of inventory. It is a Neutral Market when there are 3-6 months worth of inventory. A Buyer’s Market is when the current inventory exceeds 6 months. When there is less than 3 months of inventory, it is a Seller’s Market.
- 75 homes for sale in Folsom, CA
- 46 homes sold in Folsom, CA
- 60 homes pending in Folsom, CA
Compared to 1 month earlier, homes for sale are up 1.4%, homes sold are up 21.1% and homes pending are up 11.1%.
Compared to 12 months earlier, homes for sale are up 1.4%, homes sold are down 23.3% and homes pending are down 26.8%.
Folsom Market Report – Average Price For Sale / Sold
The average for sale price is Appreciating and the average sold price is Neutral.
- $683,000 average price of homes for sale in Folsom, CA
- $591,000 average price of homes sold in Folsom, CA
Compared to 1 month earlier, the average for sale price increased 1.2% and the average sold price increased 5.5%.
Compared to 12 months earlier, the average for sale price decreased 1.7% and the average sold price decreased 3%.
We hope you found this Folsom Market Report to be a helpful resource. The charts above show the real estate activity for single family homes in Folsom, CA. Contact us if you’d like to know the value of your home, condo or rental property. If you want more information about a specific neighborhood, we’d love to hear from you too!
Bob Souza (925) 513-3400
Leilani Souza (916) 408-5500
Interested in the latest news about the Folsom real estate market for homes, condos and land? Visit the Folsom – Sacramento County, California Real Estate section. Here is a list of February 2019 Market Reports for the surrounding areas:
- Auburn Market Report
- El Dorado Hills Market Report
- Foresthill Market Report
- Granite Bay Market Report
- Lincoln Market Report
- Loomis Market Report
- Meadow Vista Market Report
- Newcastle Market Report
- Penryn Market Report
- Rocklin Market Report
- Roseville Market Report
All reports are published March 2019, based on data available at the end of February 2019. All reports presented 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.
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