According to DQ News, in February 2012, the median home price in Folsom dropped 17.4% compared to 1 year ago. In January, the median price remained the same as December 2011. This suggests that home values are not finished declining yet in Folsom CA. Some good news is that 54.5% of the homes that sold in February 2012 were non-distressed. This is likely to have a positive effect on home values as long as a large amount of distressed homes stay out of this market. To see a more complete market report check out How's The Market in Folsom March 2012 .




No comments:
Post a Comment