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. Last month, there were:
- 75 homes for sale in Folsom, CA
- 46 homes sold in Folsom, CA
- 60 homes pending in Folsom, CA
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.
Read the full blog post, complete with charts, home prices and more:
BOB & LEILANI SOUZA
Bob Souza - 925.513.3400 - firstname.lastname@example.org
Leilani Souza - 916.408.5500 - email@example.com
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