Market Conditions Report – Cameron Park/Shingle Springs

2/24/21

There are only 6 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas ranging from $410,000 for a 3/3 to $1,300,000 for a 4/3 on .89 acres.

The are 29 pending sales (including 1 contingency) with average days on the market of only 10! There were 70 sold listings in the last 90 days and having been on the market for 26 days. Comparison of list price to sales is 101% indicating some multiple offers.

Rural property inventory is still declining. There are 24 listings which also include homes in Shingle Springs, Rescue and Latrobe areas and ranging in price from $425,000 for a 3bed/1bath 1,323 SF home on 1.5acres to a $7,499,999 5 BR/8BA home on 513 acres!

There are currently 27 pending sales (including 2 contingencies) with average days on the market of 29. Average days for the 54 sold listings in the last 3 months is 42. List price to sales price ratio is 98.4%.