July Folsom Lake Entertainer Article

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Real Estate

Paddle boarding on a pristine lake, fun and unique shopping, and great food? Sounds like the perfect vacation! Or should I say Stay-cation - Folsom offers all of these and more! To read more stay-cation ideas in Folsom, check out my July article in the Folsom Lake Entertainer magazine. Here is a link to the whole magazine: http://www. folsomlakeentertainer.com/ sections/1405 You can find my article on page 49, but I've also attached a copy here. Hope you enjoy!


Relax! It’s July and it’s Folsom Real Estate!

 It’s time to relax!  July is the most popular month for vacations.  So where do you like to go?  Hawaii?  D.C.?  Santa Cruz?  Lake Tahoe?  Wherever family is?  Folsom?  Yes, Folsom!  Folsom makes a great place to do a “stay-cation”.  One reader suggested that I write about a stay-cation trip in Folsom.  So pack up the bicycle and let’s go!

 Day 1. Get up early and go for a morning kayak ride. The water is so flat and peaceful; it’s one of my favorite places to relax.  After a nice paddle, grab a tasty lunch from Jack’s Urban Eats before strolling around Dimple Records to treasure hunt through the new and used music, videos or books from their extensive selection.  Put on those Beats headphones and take the kids to Livermore park to burn off some energy in the mini water park or playing sand volleyball.  After a brief rest, get ready for a dinner and a show.  The Palladio has a wonderful movie theater with unbelievably comfortable seats.  For me, I almost don’t even care what movie is playing because two hours in those amazing seats is worth the price of admission alone.  After dinner at Chicago Fire and dessert at Pinkberry, you’ll be relaxed in that movie theater in no time. Then head back to the Hampton Inn.

 Day 2. Sleep in and go out for breakfast. Try out the Waffle Experience and their locally sourced natural and organic ingredients. Then, it’s time to shop till you drop!  Start out in Historic Folsom and visit their unique shops to find just the right item while munching on chocolate from Snook’s. Stop by Art of Cigars and learn how to roll a perfect cigar.  Let your Picasso out at Painted! and enjoy a glass of wine while you create that perfect masterpiece.  Need to express your athletic side?  The Folsom Aquatic Center at Lembi Park has it all; diving boards, lap lanes and a wonderful play area sure to entertain.  By now, you’re probably pretty worn out - so take a break and try your favorite style of restaurant! Whether it’s Japanese, steakhouse, Thai, Italian - Folsom has it all!  Just be sure you have time to catch the free summer concert series show. If you’re lucky, the performer Swift Country will be doing their tribute to Taylor Swift. End the night sipping many of the 22 beers on tap at the Folsom Tap House.

 Day 3 is reserved for the most fun of all.  A bike ride at the lake or on the miles of Folsom trails?  A golf outing?  A morning run?  Well maybe, but after a quick lunch at Fishology, then it’s time to go look at Open Houses.  Now that is fun! Real Estate is THE favorite pastime for wild, fun-loving and top-producing Realtors like me.

 But you better look fast.  The homes do not last long on the market.  In Folsom, at the time of this writing, 133 homes are on the market for sale. The average home is $659,000. But 160 homes are pending.  Again, more homes are pending than are for sale. Note that the average home that is pending is much less at $560,000. 362 homes have sold in Folsom in 2017.  That average Sold price is just over $503,000 and sold in an average of 21 days at $256 per sq ft.  So it looks like the higher priced homes on the market are not selling as quickly and cause the average price for a home for sale to rise. Is that true?  Well there are 21 homes for sale that are over $900,000, only 9 are pending and just 11 have sold in this price range in 2017.  The sold homes take an average of 51 days to sell and the Active homes have been on the market for even longer.  So these homes do not sell nearly as fast as the lower priced homes and there is much more inventory available as compared to number pending or sold.

 I talk with sellers and buyers about these topics and more all the time. With proper planning and a good Realtor (Luckily, I know a really good one….), you can smoothly get to your next stage in life.  For more tips on how to successfully navigate the real estate purchase or sale, or suggestions on Folsom topics, please contact me.

 Pat Quan

BRE #01918240




Coldwell Banker