Market Conditions Report – El Dorado Hills

Beautiful El Dorado Hills is nestled in the scenic mountain foothills of the Sierras and is often referred to as the gateway to El Dorado County. The westward view opens to a vista of the Sacramento Valley and Folsom Lake. The higher ridges through the community offer spectacular views of the Sierra Nevada Mountains. It is a community that offers visitors the amenities of shops, hotels, services, entertainment and restaurants that make living here very pleasant and the quality of life gratifying.

El Dorado Hills has 159 homes for sale. Inventory is starting to increase. There is 1 short sale and already having seller accepted offer and waiting for lender approval. There are 2 REO’s (bank owned) properties for sale. Home prices range from $480,226 for a 3 bed/2 bath in solar community of Blackstone to a 9,560 SF 6 bed 8 bath home on 2 acres in Serrano for $6,950,000.

There are 132 pending sales with average days on the market of 37. There are 206 sold with average days on the market of 33. Average list price to sale price is increasing to 99.2%