Folsom Homes Real Estate Report

Here is this week's Folsom Homes Report, for sales activity in the Folsom real estate market as reported by Trulia.

In comparison to last week, the median sales price, and average price per square foot for Folsom homes had another slight drop of about 1% from last week.  There are 113 Folsom homes that are pending sales representing 30.29% of the available inventory.  The time to sell Folsom homes is currently 74 days.

Mortgage rates continue to decline.  30-year fixed rates decreased to 4.69% and 15-year fixed rate decreased to 4.44%.