After a blockbuster fourth week, September ended on a quieter note with 13 home sales recorded in Folsom from September 27 through October 3. The sales are as recorded by MetroList, our local multiple listing service. The properties were listed and sold by various multiple listing service brokers. DOM stands for days on the market and cumulative DOM reflects how many days the property has been on the market, whether with the current agent or previous listing agent. Only a sale or the property being off the market for 30 days will reset the DOM number. Here are the details of those sales:
* 623 Wales Drive, 3 bed/2 bath, 1176 sq ft, sold 9/28/09 for $190,000 (95 percent of list price) after 202 days on the market for $162 per sq ft.
* 110 Esplanade Circle, #110, 2 bed/2.5 bath, 1434 sq ft, sold 9/28/09 for $205,000 (98 percent of list) after 77 DOM for $143 per sq ft.
* 1213 Vessona Circle, 2 bed/2 bath, 1519 sq ft, sold 10/01/09 for $225,000 (97 percent of list) after 28 DOM for $148 per sq ft.
* 704 Diamond Glen Circle, 2 bed/2 bath, 1489 sq ft, sold 9/28/09 for $280,000 (93 percent of list) after 326 cumulative DOM for $188 per sq ft.
* 480 Fisher Circle, 3 bed/2 bath, 1402 sq ft, sold 9/28/09 for $285,000 (95 percent of list) after 25 DOM for $203 per sq ft.
* 1352 Young Wo Circle, 4 bed/2 bath, 1775 sq ft, sold 10/02/09 for $355,000 (99 percent of list) after 73 DOM for $200 per sq ft.
* 103 Chesterfield Way, 4 bed/3 bath, 2307 sq ft, sold 9/28/09 for $359,000 (103 percent of list) after 18 DOM for $156 per sq ft.
* 812 Halidon Way, 3 bed/2 bath, 1997 sq ft, sold 10/02/09 for $370,000 (97 percent of list) after 224 DOM for $185 per sq ft.
* 1665 Hapton Court, 4 bed/2 bath, 2347 sq ft, sold 10/02/09 for $410,000 (103 percent of list) after 24 DOM for $175 per sq ft.
* 1065 Glaston Drive, 4 bed/3 bath, 2235 sq ft, sold 9/28/09 for $415,500 (94 percent of list) after 20 DOM for $186 per sq ft.
* 1061 Sandwick Way, 4 bed/3 bath, 2724 sq ft, sold 10/02/09 for $423,000 (101 percent of list) after 115 DOM for $155 per sq ft.
* 1884 Broadford Drive, 3-5 bed/2.5 bath, 2447 sq ft, sold 9/28/09 for $425,000 (100 percent of list) after 32 DOM for $173 per sq ft.
* 409 Kinglet Court, 5-6 bed/4.5 bath, 4600 sq ft, sold 9/29/09 for $635,000 (103 percent of list) after 5 DOM for $138 per sq ft.
Of the 13 homes sold, 3 were short sales and 5 were bank-owned. The median sales price for the 13 homes was $359,000 (average days on the market: 66).
What happened all the talk about a lots of foreclosures hitting the market this fall? Have you seen any increase in foreclosure activity?
Posted by: Jack | October 26, 2009 at 11:13 AM