Home Prices in El Dorado Hills CA
Real estate market data for El Dorado Hills, CA provided by Jeff Provines Real Estate, REMAX Gold, El Dorado Hills, CA
Inventory Trends & Home Prices in El Dorado Hills CA
View all Home Prices in El Dorado Hills CA here. We have seen 4 straight months of increases in inventory levels on homes in El Dorado Hills California. Rising inventory levels tends to increase the number of days on market or the length of time a property sits on the market before it's sold. This trend tends to put downward pressure on home values, as buyers have more choices in available homes to consider. Buyers are under less pressure to submit offers quickly and may be more inclined to write offers slightly under asking price or ask for additional concessions from a seller. Conversely, when inventory levels are low, buyers have fewer available homes to consider, there is more competition for the available home listings creating more aggressive purchase offers, thus driving home values upward.
Currently, the median is 47 days on market for home listings in El Dorado Hills CA. Despite the recently increasing inventory levels, home prices in El Dorado Hills CA have remained fairly strong. If you are considering selling a home in El Dorado Hills CA, having a good real estate agent who understands this market is a must. If you are interested in the current value of your home, fill out this simple form.
If you are considering buying a home, increased inventories provides you with a variety of homes to choose from. Don't sit on the sidelines for too long though. The more atractive home listings are still disappearing within a matter of days. Make sure you are pre-qualified with a lender. Work closely with your real estate professional or get yourself set up with a daily listing alert so you will have notification when new listings come on the market. If you are interested in more information on the community of El Dorado Hills CA, you will find it here.
The median list price for single family homes in El Dorado Hills is $740,220, with a change of 0% over the prior month.
Price per square foot for listings in this area is $213.00.
The median list price for all property types in El Dorado Hills is $625,570.
The number of available listings in El Dorado Hills California is 259. Available listings increased by 10% over the previous month.
The median sale price for all property types at the end of June in El Dorado Hills was $544,000 which represents a 2.5% increase over the prior month.
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Additional information can be found about El Dorado Hills, CA here.
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