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 138 homes for sale. Inventory is starting to increase. There are 2 short sales with 1 of them already having seller accepted offer and waiting for lender approval. There is 1REO (bank owned) properties for sale. Home prices range from $425,000 for a 3 bed/2 bath in Hills of El Dorado to a 9,560 SF 6 bed 8 bath home on 2 acres in Serrano for $6,950,000.

There are 103 pending sales with average days on the market of 35. There are 175 sold with average days on the market of 47. Average list price to sale price is holding steady at 98.6%