Folsom’s real estate market is relatively strong compared to other areas in Sacramento, but is still undergoing some price decline along with high inventory. Bucking the usual trend, November was a good month in Folsom in terms of unit sales. Sixty-four units sold in November, 16.4% more than last year’s 55 units.

The average home sold in Folsom this November for $474,148, down 8.6% from last November’s average of $518,627. Sold price per square foot fell 9.9%, from $239.00 last November to $215.33 this November. Meanwhile the median sale price fell from $482,500 last November to $436,500 this November.

Compared to Sacramento County as a whole, Folsom has a relatively low number of short sales and foreclosures in inventory, with the two categories accounting for just over one fifth of active inventory (20.4%). The expired to sold ratio and the average days on market both fell from November to November.

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