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Sept. 2016 Folsom Newsletter

Folsom Real Estate e-Newsletter
exclusively for Folsom Residents
 
 IN THIS ISSUE September 2016
 
Market Update
    Trendgraphix
    Neighborhood News
    Miscellaneous
    Folsom Real Estate

Brought to you by:


June Balazs, Realtor®
McKiernan Realty

E-Mail Me
Visit My Website

916-628-1500
49 Natoma Street, Ste. A
Folsom, CA 95630


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Hello,

Summer is behind us and Fall has arrived!  I'm looking forward to the beautiful colors and cooler weather.

Please take a few minutes to check out all of the information that is available to you in this newsletter.  Do enter the drawing below!  I feature a business of the month so if you or someone you know has a business in Folsom I will be happy to add it on a rotating basis. 

For more real estate articles click on the National Real Estate Update button at the top of the page. 

Feel free to contact me with suggestions or if you have any questions.

Sincerely,

June Balazs


Representing clients with integrity since 1988

Sacramento, Placer and El Dorado Counties

Service Above & Beyond

Your Referrals are Always Appreciated

 


 Market Update  

The market remains strong with some signs of the usual seasonal slowing at this time of year.  It's taking slightly longer to sell than a couple of months ago.  The sales to original price has declined slightly but the average sold price ($506,000) has remained steady with no change from last month to this month.  Current price per sq. ft. is at $238, up 1.7% from last month.  Inventory as usual remains low at 1.6 months. Average days on the market is up from 21 days to 27 days. 

Generally speaking the lower end of the market is more aggressive than properties above $500,000.  Interest rates have continued to remain low; analysts and investors are generally not expecting the Federal Reserve to raise its policy rate when they meet this week.  Currently the 30 year fixed rate is at about 3.43% and the 15 year fixed rate is about 2.74%.

I look forward to hearing from you with any questions you may have. 

Trendgraphix


Single Family Homes in Folsom - Current Month vs Previous Month

The current average sold price is $506.000,
0% change

The average price per square foot is $238.00, up 1.7%
Inventory is at 1.5 months, down 11.0%
Average days on the market is 27 days, up 28.6%
For Sale: 156, down 6.6%
Pended sales: 91, up 4.3%
Sold: 96, down 7.1%
                                                                                                                                                                                                             


 
 


 Neighborhood News  


 Monthly Drawing 


Please enter below for a chance to win:

$10.00 Bed Bath & Beyond Gift Card!



Click Here to enter the drawing!

Please include your name, address and phone number. 
You must live in Folsom to be entered to win.
 
Last day to enter drawing is September 30


Last Drawing Winner:  Denise Mitchell


She won a Target Gift Card



Featured Business of the Month







 Folsom Real Estate  

Listed For Sale:

Click Here to view a list of Homes FOR SALE in Folsom
Updated 09/01/2016

Pending Listings:

Click Here to view a list of Homes PENDING in Folsom
Updated 09/01/2016

Recently Sold:

Click Here to view a list of recently SOLD Homes in Folsom
Updated 09/01/2016

 
 
 
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