Market Conditions Report – Cameron Park/Shingle Springs

10/25/19

There are 50 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas ranging from $293,950 for a 2/2 to $1,139,000 for a 4/3 on the golf course.

The 35 pending sales have average days on the market of 40. There were 102 sold listings in the last 90 days and having been on the market for 45 days. Comparison of list price to sales is 99.3%

Rural property inventory is increasing. Listings are decreasing. There are 53 listings which also include homes in Shingle Springs, Rescue and Latrobe areas and ranging in price from $319,000 for a 2bed/1bath 840SF home on 10 acres to a $2,350,000 home on 140 acres!….right between El Dorado Hills and Cameron Park. Excellent development opportunity. Zoned 10 acre minimum.

There are currently 20 pending sales with average days on the market of 70. Average days for the 71 sold listings in the last 3 months is 60. List price to sales price ratio is 97.6%.