Market Conditions Report – Placerville

6/5/17

Placerville Market Conditions
The town of Placerville and surrounding residential areas offer affordable living with 46 homes for sale. Of these listings, 1 is a short sale with 1 seller accepted offer and waiting for lender approval. There are 3 REO’s (bank owned properties).

There are 42 pending sales with average days on the market of 47. There were 56 sold listings in the last 3 months -with average days on the market of 29. List to sales price is a phenomenal 100.5% indicating many multiple offer situations.

The rural areas surrounding Placerville include the areas of Greenstone, Lotus/Coloma, El Dorado, Diamond Springs, Pleasant Valley, Somerset, Fairplay, Mt. Aukum, and Grizzly Flats. There are 129 homes for sale on acreage. Of these listings, there are no short sales. There are 5 REO’s (bank owned).

There are 57 pending sales with days on market of 61. There are 102 sold listings in the last 90 days with average days on the market of 64. List price to sales price is 97.5%.