By Anna Boyd, CDPE, El Dorado Sacramento
Folsom is a bright spot in the real estate market. There is an excellent selection to choose from with 285 active listings of single family homes - down from 302 just 2 weeks ago. Prices range from $199,900 for a 3 Bed/2 Bath to a 4000 sq ft custom home in Hillcrest with pool for $1,399,000. There are 100 homes in Folsom priced under $400,000 showing the affordability of living in this much sought after area.There are 120 pending sales - another big increase - with average days on the market at 53 which is an excellent statistic for a seller. There are 160 sold listings in the last 3 months indicating great turnover activity. Average days on the market for sold listings are 52. Average list price to sale price has increased again to 96.7%.