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Cameron Park December 2008 Real Estate Market

By
Real Estate Agent with Re/Max Gold

There are 119 active listings of residential properties under 1 acre in Cameron Park, Shingle Springs and Rescue areas. There are 31 properties priced under $300,000.  Prices range from $212,000 for a 3bed/2 bath 1800 sq ft home to $799,950 for a 5,000 Sq Ft home on the 10th Fairway

The 19 pending sales have average days on the market decreasing to 55.  There were 43 sold listings in the last 90 days with average of 114 days on the market.   Comparison of list price to sales price has decreased half percentage point to 95.6%. 

There are 128 listings of rural properties which include homes in Shingle Springs, Rescue, Lotus/Luneman and Latrobe areas also.   This segment of the market has the most price range difference going from a low of $149,000 for a 2bed/1bath on 1 acre to highest priced property at $2,675,000 for a 5,884 sq ft home on 35 acres in Sun Ridge Meadow off Latrobe Rd. 

Average days on the market for the current 11 pending sales have

decreased to 157.  Average days for the 26 sold listings in the last 3 months has increased to 95.    List price to sales price ratio has decreased a bit to 95.6%. 

Visit my website, www.annaboyd.com for free MLS Search (no registration required) or call me for more information (916) 813-3534.  I'll be glad to answer any questions you may have.  Anna