Folsom
Weekly newsletter · Folsom, CA · Issue 004 |
Hi Ellen, September is moving right along. Before the weekend gets busy, here is the week in Folsom. Inside: what 58 price cuts mean for buyers and sellers, four houses to walk through, an honest word about our own listings, and what is happening from Sutter Street to Lake Natoma. |
The market What 58 price cuts are telling us There are 122 single-family homes for sale in Folsom right now, with 7 just listed in town. You can also count 28 condos and townhouses on top of the 122 houses. Across the board, 58 of those 122 houses have already cut their price at least once. Nearly half.
A price cut is simply a seller deciding they would rather sell than wait. If you are looking to buy, that list of 58 is where I would start. If you are thinking about selling, it shows why pricing it right on day one matters more than testing the market. The middle of the single-family market sits at a median of $827,000. The average asking price is higher, at about $911,000, because the list runs from $495,000 all the way up to $2,195,000. Across the 122 houses the average size is 2,399 square feet, which comes out to about $380 a foot. If you want to know what your own home might list for right now, send me your address. I will put together a plain estimate based on what is actually happening on your street.
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On the market with us Our listings Our office has no single-family listing in Folsom this week. What follows is what we have nearby.
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Also on the market in Folsom Four houses to walk through Here are four houses around town that caught my eye this week.
Four bedrooms and three baths with an open house this weekend. A good fit for a growing family looking for 2,145 square feet.
Open this weekend with 4,743 square feet across four bedrooms and four baths. This is the largest of the four houses if you want extra room.
Just listed with three bedrooms and two baths across 1,960 square feet. Worth a look if you are shopping for a first house in Folsom.
Five bedrooms and 4.5 baths across 4,267 square feet. Built for anyone wanting plenty of space in American River Canyon.
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The show If you'd rather listen
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That is the week. If one of these houses caught your eye, or you want to talk about your own street, reply to this email. See you around town.
Weichert, Realtors® · Sierra Pacific Group, 705 Gold Lake Dr., Suite 250, Folsom, CA 95630 · 916-847-5822 · DRE #01879787. Each office is independently owned and operated. Listing information provided courtesy of MetroList Services, Inc. Listings held by other brokerage firms are identified with the name of the listing broker. Information deemed reliable but not guaranteed. Equal Housing Opportunity. All real estate advertised here is subject to the Federal Fair Housing Act. Bureau of Record is a product of Enterprise Real Estate Services, Inc. · Unsubscribe |