Blogging for Homes

Market Statistics for Folsom as of 12/19/2007:

328 Active homes on the market

79 Average Days on the Market

105 Vacant-32% Vacancy

18 Bank REO's

37 Short Sales (Future Foreclosures)

62 Pending Sales

142 Sold in the last 90 days

$479,487 Average Sales Price

$220 Average Price Per Square Foot

2237 Average Square footage

16% Market Decline over the last 12 months.

Ok Here we go for 95823: This is one of the hardest hit zip codes in the Greater Sacramento Area.

596 Active Listings on the market

88 Average Days on the Market

298 are Vacant

210 are Bank Owned

146 are Short Sales

76 Pending Sales

64 Sold in the last 90 days

$226,175 Average sales price for sold's in the last 90 days

1518 Average Square footage for Average Solds

27% Market Values have declined over the past 12 months

Statistics are as of 12/18/2007

On a daily basis, I complete BPO's which means Broker Price Opinion for many of the top banks in the nation. These are done for a variety of reasons such as:

1. Loan is in default.

2. Loan is in re-negotiation.

3. Bank is verifying the value of their portfolio.

4. Second opinion for an REO property.

When preparing these BPO's we run statistics in the area to help the Requester determine what is happening in the area. I will start posting these statistics in between completing these BPO's to give you an idea of what is going on in different areas. So here goes for 95835:

Stats are as of Today 12/18/2007

369 Active Listings on the market

179 of these are vacant

96 are Bank Owned

66 are Short Sales

10 Pending Sales

109 Sold in the last 90 days.

$357,184 Average Sales price over the last 90 days.

2120 Average Square footage for above Average Sales Price.

72 Average Days on the Market.

18% Market Values have declined over the last 12 months.

If you would like statistics posted on a particular zip code just send me an email at bankrepos@realty1st.com