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El Dorado County Market Report - Back to 2001 Prices

By DeeDee Riley

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

January 28, 2012 01:17 PM

The following graphs take a 10 year look at the price per square foot and the residential resale inventory for the El Dorado County Market and the Sacramento Country Market. For El Dorado County you can see we are basically back to 2001 prices.

In January 2001 the price per square foot average for residential sales was $133. For December 2011, the price per square foot average was $134.

Graph showing Price per square foot and inventory for El Dorado County over last 10 years.

In January 2001, Sacramento County residential properties were selling at $111 per square foot; and in December 2011, they were selling at the average square foot price of $109.

Graph showing price per square foot and inventory for Sacramento County for the last 10 years.

Inventory in both counties are up slightly from where they were in 2001 but down significantly from the peak months in 2007.

With inventory down, we are starting to see our prices inch up. I believe as we progress into 2012, we will continue to see an upward trend. Buyers are out and ready to buy. Investors are out there again buying either to rent or to flip (fix them up and resell).

If you've been waiting to buy, the time is now! The El Dorado County Market is back to 2001 prices!

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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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Shannon Coe

exp realty of California, Inc. - Oceanside, CA

760-586-5268, San Diego Realtor

Looks like some great deals. I am expanding towards that area and will have to get a pulse on the market. Thanks for the blog.

Jan 28, 2012 01:24 PM

Kwee Huset

Kwee Huset Realty - Venice, FL

Venice Florida Homes For Sale

Hi DeeDee, Did I misunderstand, I did not see any graph as mentioned in your post.

Jan 28, 2012 01:38 PM

Katerina Gasset

The Gasset Group & Get It Done For Me Virtual Services - Provo, UT

Amplify Your Real Estate & Life Dreams!

That's good news DeeDee. This would be the best time indeed due to that perfect price. It's all going to be worth it for sure. Those are going to be very worthy investments.

Jan 28, 2012 04:02 PM

Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366

Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA

General Contractor, Dry Rot and Water Damage

It's great to see that things are starting to climb back into the plus side DeeDee. Good news.

Jan 28, 2012 05:26 PM

DeeDee Riley

Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA

Realtor - El Dorado Hills & the Surrounding Areas

Sharon,

You're welcome. Thank you for your comment@

Jan 28, 2012 06:01 PM

Hi Kwee,

Thanks for the heads up. I could see it from Google Chrome but not from Internet Explorer. Should be able to see the graphs on both now.

Jan 28, 2012 06:03 PM

I'm with you Katerina. Just wish I had some money to get in on some of these investments. We unfortunately bought on the high end and have everything tied up in our one house right now. Thanks so much for your comment!

Jan 28, 2012 06:08 PM

Hi Tom,

In El Dorado County we've not dipped below the 2001 prices yet where all the other counties in our region have. We're very fortunate to live here!!! Thanks so much for your comment!

Jan 28, 2012 06:10 PM

CA COASTAL ESTATES Lauren Selinsky Perez CRS

California Coastal Estates - Aliso Viejo, CA

"Your Real Estate Broker" #oclauren

Great market report Dee Dee and I can see perfectly in IE~ ;)

Jan 28, 2012 06:50 PM

Doug Bullwinkel

E Mortgage Capital, Inc. NMLS 1416824 - Roseville, CA

Mortgage Loan Officer NMLS #281609

Interesting market report DeeDee. I didn't realize we were back to 2001 levels. In order for values to creep upwards, the appraisers will have to get on board with that. They've been so conservative recently, it's hard to say if they will apply adjustments for increasing values. Hopefully so.

Jan 28, 2012 09:10 PM

Teri Eckholm

Boardman Realty - White Bear Lake, MN

REALTOR Serving Mpls/St Paul North & East Metro

DeeDee--We are thousands of miles away and seeing the same thing in Minnesota...though not in the same price ranges. Hopefully a sign of good things for 2012.

Jan 29, 2012 04:32 AM

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com

Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA

Tahoe Real Estate Agent Helping Buyers and Sellers

DeeDee - Another great, local real estate market report. You've given both buyers and sellers a lot of good historical information to use. Nicely done!

Jan 29, 2012 03:35 PM

El Dorado County Market Report - Back to 2001 Prices

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