Here is a look at What's Selling in El Dorado Hills for the start of our year with the high and low home sales for January 2016 along with sales statistics for the month.
Highest Selling Home - The highest selling home in El Dorado Hills for January 2016 was a brand new single story custom within the gates of the Serrano Country Club on Crivelli Court. It was built on .438 acres with approximately 4,976 square feet, 4 -6 bedrooms and 5 baths and a 4-car garage. Amenities included a guest casita, courtyard with fireplace, Savage cabinets, stone countertops, professional appliances, a wine room, walnut flooring and a covered loggie. It sold for $1,575,000 which equates to $316.52 per square foot.
Lowest Selling Home - The lowest selling home in El Dorado Hills for January 2016 was this two story in the Park Village neighborhood on Messa Verdes Dr. It was built in 1978 on an approximately .51 acre cul-de-sac lot with 1,984 square feet, 4 bedrooms and 2.5 baths. It was a short sale and sold for $359,000 which equates to $181 per square foot. Of the 38 sales this month there were only 3 short sales.
Here are some other statistics for you on the January 2016 Home Sales and what's selling in El Dorado Hills:
Sales: 38 - Single Family Homes
Average square foot selling price: $213
Average selling price: $698,977
Median price: $559,825
Average size: 3,266 square feet
Average Cummulative Days on Market: 77
Average List to Sale Price Ratio: 97.31%
Listings Selling at List or Over: 11 (28.9%)
Breaking down those 38 sales:
Under $400,000 = 2 sales
$400K - $600K = 20 sales
$600K - $750K = 4 sales
$750K - $1Million = 5
$1Mil and over = 7
In general our inventory is low in El Dorado Hills for resale homes so many homes are seeing multiple offers, especially if they are priced well. Note that of the 38 homes that sold 11 (28.9%) sold at list price or over!