Folsom, CA November 2009 Marketing Report

Folsom and Roseville/Rocklin continue to be one a bright spot in the real estate market. There is still a good selection of homes to choose from with 278 active listings of single family homes. Prices range from a $194,900 3 bed/2 bath home to a 5200 Sq Ft custom home in American River Canyon North for $2,500,000.

There are 46 short sales and 27 REO (bank owned) properties for sale. There are 150 homes in Folsom priced under $400,000 indicating affordable homes are plentiful.

There are 98 pending sales with average days on the market at 53. There are 171 sold listings in the last 3 months indicating great turnover activity. Average days on the market for sold listings are 58. Average list price to sale price is increasing to a fantastic 98.3% rate.