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El Dorado Hills Market Report - 5 Year Perspective

By
Real Estate Agent with Lyon Real Estate - El Dorado Hills CA DRE# 01499004

El Dorado Hills Market Report - A 5 Year Perspective

Following is the El Dorado Hills Market from a 5 Year Perspective.  As you can see from the first two Trendgraphix graphs, our inventory is extremely low.  I believe it has attributed to the increase in price per square foot as well.

Though I'm not convinced yet we have seen the bottom, I believe we are close. Sellers - with inventory as low as it is, there may be an opportunity to get a little more for your home than you otherwise would.

Here is the breakdown for November's sales and listings.
REO (bank owned) = 9.6% of total listings, 17.7% of sales, average price/sq. ft.  - $126
Short Sales = 19.3% of total listings, 30.6% of sales, average price/sq. ft. - $135
Regular (equity) Sales= 71% of total listings, 51.6% of sales, average price/sq. ft. - $173

 

 

Graph showing last 5 months of listings vs pending vs sold for El Dorado Hills CA

 For Sale vs Sold vs Pendings


 

Grpah showing the months of inventory based on closed sales over the last 5 years for El Dorado Hills CA.

Months of Inventory Based on Closed Sales


 

Graph showing the average price per square foot for sales over the last 5 years in El Dorado Hills CA.

Average Price Per Square Foot of Sold Properties

 

 

More El Dorado Hills Market Reports:

A Look at Regular (Non-REO/Non-Short Sale) Home Sales

A Look at REO (Bank Owned) Sales


If you have any questions about this report or would like to know more about our El Dorado Hills Market, please call or email me.


Signature

_________________________________________

 

I am a REALTOR® in El Dorado Hills with Lyon Real Estate. Though living in El Dorado Hills is my passion, I am happy to help you with your real estate needs throughout the Sacramento Valley. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com.

 

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By DeeDee Riley 2011 *All Rights Reserved*El Dorado Hills Market Report - 5 Year Perspective

Comments(5)

Kristen Crabtree
Century 21 Hometown Realty - Pismo Beach, CA

Interesting analysis. I hope you are right, that stability is around the corner. Our inventory in San Luis Obispo county is also extremely low. Buyers are out there buying, and there are often multiple offers on properties. So, that's all good signs. Let's hope this continues and leads to a rebound soon. I'm ready! :-)

Dec 24, 2011 04:07 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

DeeDee, let's hope your trends are right and we see a turn around. Very nice report!

Dec 25, 2011 01:09 AM
Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

Low inventory is a good thing and I agree. I don't think we've quite hit the bottom just yet.                          

Dec 25, 2011 02:24 AM
Lynn B. Friedman CRS Atlanta, GA 404-617-6375
Atlanta Homes ODAT Realty - Love our Great City - Love our Clients! Buckhead - Midtown - Westside - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Dear DeeDee,

One of my 2012 resolutions via the December challenge was to do market reports. Yours are very attractive. Hope they bring results to you.

Have a happy day -
Lynn

Dec 25, 2011 01:07 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

The trend looks similar to ours in Las Vegas, but I think our decline is a little more steep. Hoping to see some improvement in 2012.

Dec 25, 2011 02:10 PM