Monday morning real estate snapshot Feb 28 '11

Here is your quick Monday morning rundown on the current real estate market in Folsom and houses for sale here. These numbers reflect properties listed by a variety of broker members of our local MLS.

Numbers for all current listings:

·         380—number of homes for sale (including short sales and bank-owned homes or REOs)

·         $290,000—median price of homes for sale

·         109—average days on the market

·         $166—average price per square foot

The numbers for the short sale listings:

·         188—number of short sales on the market

·         $273,500—median listing price

·         136—average days on the market

·         $155—average price per square foot

The numbers for the REO listings:

·         46—number of short sales on the market

·         $256,250—median listing price

·         59—average days on the market

·         $154—average price per square foot

Best real estate deal in Folsom today? If you go on a price per square foot basis, that would be a 3/2 condo near City Hall going for $53 a square foot.

These numbers were pulled this morning from MetroList, our local multiple listing service. all4now