El Dorado Hills Market Recovery - October 2012 thru December 2013

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

The real estate market in El Dorado Hills saw a huge turn around as you will see here with the following Trendgraphix graphs. Here is a 15- month look at our El Dorado Hills Market Recovery for October 2012 thru December 2013.  These include all property types combined. 

El Dorado Hills Market Recovery - October 2012 thru December 2013

El Dorado Hills Market Recovery - October 2012 thru December 2013

El Dorado Hills Market Recovery - October 2012 thru December 2013

El Dorado Hills Market Recovery - October 2012 thru December 2013

As you can see our figures with the exception of average price for sale are up across the board  are up over December of 2012, inventory – 77%, sales-12%, price per square foot – 16%, average selling price is up 17.8%, and even days on market is up to 62 days over 55 days last year. 

Short sales and foreclosures in El Dorado Hills continue to dwindle as our home prices rise.  Following is a breakdown of these two property types and the regular sales (non-short sale, non-reo) as well:

Foreclosures (REO’s)

-          For sale – 3 (1.9%

-          Sold – 2 (3.6%)

-          Average price per square foot of sold properties - $199

-          Days on market – 325

 

Short Sales

-          For sale – 12 (7.6%)

-          Sold – 11 ((19.6%)

-          Average price per square foot of sold properties - $157

-          Days on market – 54 (Nice to see these finally going down!)

 

Regular Sales

-          For sale – 143 (90.5%)

-          Sold – 43 (76.8%)

-          Average price per square foot of sold properties - $197

-          Days on market – 52

If you have any questions on these feel free to email me. Subscribe here to receive them in your inbox each month.

Comments (2)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

DeeDee, sure nice to see market recoveries in El Dorado Hills.    Great news for sellers!

Jan 21, 2014 11:05 PM
DeeDee Riley
Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA
Realtor - El Dorado Hills & the Surrounding Areas

Thanks Joan.  It sure is!!!!

Jan 22, 2014 02:59 AM