Real Estate market snapshot today

Here is the quick Monday rundown on the current real estate market in Folsom and houses for sale here (as of February 7). These numbers reflect properties listed by a variety of broker members of our local MLS.

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

·         $299,00—median price of homes for sale

·         107—average days on the market

The numbers for the short sale listings:

·         191—number of short sales on the market

·         $272,000—median listing price

·         133—average days on the market

The numbers for the REO listings:

·         45—number of short sales on the market

·         $274,900—median listing price

·         46—average days on the market

The numbers tell the story. These numbers were pulled from MetroList, our local multiple listing service, yesterday afternoon. all4now