There are only 19 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas ranging from $419,900 for a 3/2 to $1,049,000 for a 5/4 on .63 acres.
The are 38 pending sales (including 1 contingency) with average days on the market of only 10! There were 69 sold listings in the last 90 days and having been on the market for 17 days. Comparison of list price to sales is 103% indicating some multiple offers.
Rural property inventory is still declining. There are 23 listings which also include homes in Shingle Springs, Rescue and Latrobe areas and ranging in price from $369,000 for a 2bed/1bath 1,000 SF home on 10 acres to a $7,499,999 5 BR/8BA home on 513 acres!
There are currently 28 pending sales (including 2 contingencies) with average days on the market of 30. Average days for the 61 sold listings in the last 3 months is 26. List price to sales price ratio is an excellent 100.7%.