Thursday, July 26, 2007

June 2007 Update for Folsom and El Dorado Hills

The Folsom market as a whole seems to be mirroring the smaller sample that I collect each week in my screen scrape. We seem to have hit a plateau. However stats for El Dorado Hills do look a bit more favorable.

In both zips the median home price seems to be actually rising month over month (albeit rather erratically). Looking at the rising median price and the slowly dropping price per square foot, I am guessing that the mix of houses sold is shifting toward bigger houses.

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