There are only 21 homes for sale under 1 acre in Cameron Park, Shingle Springs and Rescue areas ranging from $549,000 for a 3/2 with 1488 SF to $898,000 for a 5/3 with 2362 SF.
The are 31 pending sales (including 2 contingencies) with average days on the market of only 10! There were 79 sold listings in the last 90 days and having been on the market for 18 days. Comparison of list price to sales is 103.2% indicating some multiple offers.
Rural property inventory is still low. There are 30 listings which also include homes in Shingle Springs, Rescue and Latrobe areas and ranging in price from $469,000 for a 3bed/3bath1,694 SF home on 5 acres to a $5,975,000 6 BR/6BA home on 20 acres.
There are currently 22 pending sales (including 2 contingencies) with average days on the market of 27. Average days for the 52 sold listings in the last 3 months is 34. List price to sales price ratio is an excellent 100.3%.