Folsom Homes Real Estate Report


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

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In comparison to last week, the median sales price, and average price per square foot for Folsom homes, decreased by approximately 1.5%.  There are 166 Folsom homes that are pending sales representing 35.62% of the available inventory.  The time to sell Folsom homes is currently 85 days.

 

Mortgage rates reach a 7 month high.  Interest climbed to 5.06% from 4.79% for 15-year fixed loan.  5-year adjustable rate mortgages climbed to 5.17% from 4.85%.

 

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