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Mid-year Folsom Area Housing Numbers are In!

Posted on: July 20, 2018

Folsom for sale and sold July 2018

We’re just past the half-way point for 2018, and time to take a look at housing stats… and try to predict the future. The stats are the easy part…

So, for the past 6 months the average price per foot for homes sold in Folsom has ranged from $253 to $262, with June sales averaging $261.  That’s about a 6% increase from last summer’s prices.

Of course, smaller homes sell for more per foot than larger ones, and homes under 2000 sq ft sold for an average of $300 per foot in June.

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Folsom Home Prices Surge – Highest in 12 years

Posted on: May 9, 2018

Folsom hits $262

It’s time once again for a quick look at Folsom housing numbers.

The train keeps on rolling, and despite rising interest rates and low inventory, more buyers are jumping on board, and driving prices higher.

According to TrendGraphix,  for April 2018, Folsom home prices sold for an average of $262 per square foot.  That is the highest price per foot since April of 2006, when we topped out at $271 per.

Are they going to keep on rising? Is this a sign of the apocalypse? Should we expect prices to start falling?

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Filed under: Real Estate