Another Article about Folsom…And Some Recent Sales Stats Too…

From the Sacramento Bee – Real Estate Section – August 2, 2014

I thought I’d pass this on in case you don’t get the Sacramento Bee.   As a 25 year resident of Folsom, I can tell you that this is old news but it’s nice to read about your town.    Take a look at the article below.

Schools get high marks from residents

____________________________________

Below is some recent Sales Data that I think you might find interesting.

Folsom Real Estate Sales Data

Average Listing Price (last 12 months)

AVERAGE LIST PRICE IN JULY

Single Family Homes    $517,478       Condos/Townhomes    $250,659     Multi­family  Homes   $694,667

____________________________________

Folsom Real Estate Sales Data

Days on Market (last 12 months)

CURRENT AVERAGE DAYS ON MARKET IN MAY

Single Family Homes  –  90,   Condos/Townhomes – 92,      Multi-family Homes –  86

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR, CDPE    916-203-1260   favinger@rwnetwork.com

Two of My Favorite Duplex Areas – Citrus Heights & Carmichael

An Up to Date Look at Some Recent Sales Activity – Some Stats and More

The reason I like these particular areas among others is because they have been easy to rent for the most part.   Citrus Heights has become an incorporated city since I moved here years ago bringing more local control of their resources.    You can see the results of their stewardship of tax dollars along Greenback  and especially along the Sunrise Blvd corridor.    They’ve done a nice job promoting the Sunrise Market Place which has to compete with other shopping areas in Sacramento, Folsom and Roseville.

There is a nice mix of Duplex investment properties in this area so if you are looking to buy your 1st investment property, you wouldn’t go wrong here.

Carmichael is an unincorporated area that has a diverse mix of housing.   You can find some pretty expensive homes here along with a mix of Apartments, Duplexes and the like.

Over the years this area has been popular with investors because of the mix of these types of properties are sprinkled in with single family home type of neighborhoods.

Take a look at the map of the area and you’ll see it’s got a unique location.   Not a lot of work centers here… it’s primarily a residential area.

Here’s the comparable sales report for both Citrus Heights and Carmichael.  I’d like to know what you think.    CLICK HERE to get a PDF file with the sales data…

Now… in the Mean Time…?

Make it a Great Day..!

Ed Favinger, Broker, CRS, GRI, SFR         favinger@rwnetwork.com    916-203-1260

Enhanced by Zemanta