Keeping you up to date!

Folsom, CA 95630

Single-Family Homes

folsomlakerealty.com



Folsom, CA 95630

Tue Oct 15 2024
This week the median list price for Folsom, CA 95630 is $799,997 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 118. Click here to stay informed with the Folsom market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Folsom, CA 95630

Tue Oct 15 2024
This week the median list price for Folsom, CA 95630 is $799,997 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has decreased to 118. Click here to stay informed with the Folsom market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Folsom market.
Median List Price $799,997
Median Price of New Listings $809,900
Per Square Foot $378
Average Days on Market 70
Median Days on Market 49
Price Decreased 49%
Price Increased 0%
Relisted 10%
Inventory 118
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,490,000 3,566 0.25 - 0.5 acre 4 3.5 20 2 2 56
$899,000 2,532 6,500 - 8,000 sqft 4 3 20 5 7 21
$759,000 2,055 4,500 - 6,500 sqft 4 2.5 20 5 5 42
$649,250 1,612 4,500 - 6,500 sqft 3 2 26 2 7 66