Monday morning look at homes for sale currently in Folsom

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.

The numbers for all homes for sale (including short sales and bank-owned homes or REOs)

·         376—number of homes for sale

·         $299,750—median price of homes for sale

·         106—average days on the market

·         $165—average price per square foot

The numbers for the short sale listings:

·         195—number of short sales on the market

·         $275,000—median listing price

·         130—average days on the market

·         $155—average price per square foot

The numbers for the REO listings:

·         40—number of short sales on the market

·         $261,700—median listing price

·         55—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 bed/3.5 bath foreclosure that just saw a nice price drop to $93 a square foot. Last week’s killer short sale deal has gone contingent—i.e. seller has accepted an offer and is waiting on lender’s approval.

These numbers were pulled this morning from MetroList, our local multiple listing service, and reflect listings by various MLS broker members. all4now