Market Conditions Report – Cameron Park/Shingle Springs

There are 55 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas. There are 2 short sale properties and both having seller accepted offer and waiting on lender approval. There are no REO’s (bank owned).

The 49 pending sales have average days on the market of 33. There were 103 sold listings in the last 90 days and having been on the market for 24 days. Comparison of list price to sales is an excellent 99.5%.

There are 66 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 2 having an accepted offers. There are 2 REO’s(bank owned).

There are currently 31 pending sales with average days on the market of 25. Average days for the 57 sold listings in the last 3 months is 44. List price to sales price ratio has increased to 98.6%.