Market Conditions Report – Cameron Park/Shingle Springs

There are 54 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas. There are 2 short sale properties and 1 has seller accepted offer and waiting on lender approval. There is 1 REO (bank owned).

The 53 pending sales have average days on the market of 25. There were 80 sold listings in the last 90 days and having been on the market for 27 days. Comparison of list price to sales is an excellent 99%.

There are 61 listings of rural properties which also include homes in Shingle Springs, Rescue and Latrobe areas. Of these properties, there are 3 short sale’s with 1 having an accepted offer. There is 1REO (bank owned).

There are currently 37 pending sales with average days on the market of 35. Average days for the 53 sold listings in the last 3 months is 59. List price to sales price ratio has increased to 98.3%.