Market Conditions Report – Cameron Park/Shingle Springs

5/22/19

There are 72 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas ranging from $320,000 for a 3/3 to $1,149,000 for a 4/3 on the golf course.

The 29 pending sales have average days on the market of 54. There were 82 sold listings in the last 90 days and having been on the market for 43 days. Comparison of list price to sales is 99.3%

Rural property inventory is increasing. There are 76 listings which also include homes in Shingle Springs, Rescue and Latrobe areas and ranging in price from $450,000 for a 3 bed/4 bath on an acre to $2,995,000 for a 4200 SF home on 140 acres!….right between El Dorado Hills and Cameron Park. Excellent development opportunity. Zoned 10 acre minimum.

There are currently 27 pending sales with average days on the market of 70. Average days for the 45 sold listings in the last 3 months is 50. List price to sales price ratio is 97.8%.