There are 98 active listings of single family homes in Folsom. Inventory keeps going down monthly – making Folsom a strong seller’s market. Of the active listings 8 are short sales with 7 already having seller accepted offers and waiting for lender approval. There are no REO’s (bank owned) property for sale.
There are 83 pending sales with average days on the market of 26. There are 134
sold listings in the last 3 months indicating great turnover activity. Average days on the market for sold listings are 32! Average list price to sale price is an excellent (for the seller) 99.3% indicating many multiple offer situations due to low inventory