Tuesday, April 13, 2010
Market Conditions
American River Canyon North is a popular place to live so it’s no surprise that only 20-30 properties out of 1,010 are listed at one time. That’s nearly 2-3% of the housing stock in ARCN. As of 2010, the current median home price in ARCN is around $500K and the average price per square foot is $170. As of 2007 the median household income for family households in Folsom was around $109,032. The housing stock ranges from new speculation homes to 20 years old (house’s age).
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