8/9/23
There are only 30 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas ranging from $500,000 for a 3/3 with 1792 SF to $1,154,807 for a 5/5 with 3457 SF on 1/3 acre.
The are 25 pending sales (including 3 contingencies) with average days on the market of 24. There were 70 sold listings in the last 90 days and having been on the market for 21 days. Comparison of list price to sales is an excellent (for the seller) 100.9% indicating multiple offer situations.
Rural property inventory is improving. There are 40 listings which also include homes in Shingle Springs, Rescue and Latrobe areas and ranging in price from $565,000 for a 3bed/2bath1386SF home on 1.1 acres to a $5,600,000 5 BR/6BA home on a 106 acre horse property.
There are currently 15 pending sales (including 2 contingencies) with average days on the market of 33. Average days for the 48 sold listings in the last 3 months is 27. List price to sales price ratio is 99.6%.
There are currently 10 pending sales (including 2 contingencies) with average days on the market of 51. Average days for the 24 sold listings in the last 3 months is 46. List price to sales price ratio is 97.8%.
