Home sales in the Folsom and El Dorado Hills area were up 10 % over 2016 for the same month. Overall sales were down slightly from June 2017. 194 homes were sold in July 2017, vs 175 homes in July 2016. 204 homes were sold in June.
The median sales price jumped from $525,000 to $550,000 in one year. The time it takes to sell a home increased slightly from 26 days in July 2016 to 31 days in 2017. In 2015 the median sales price in July was $500,000.
With new construction coming south of highway 50, the market in the area is not as hot as some others where there is a lack of homes available.
