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December 30, 2007

Real Estate Statistics for resale homes in El Dorado Hills for the last week of December, 2007

Here are the statistics for resale home sales in El Dorado Hills for the last week of December 2007:

(Data taken from Metrolist)

There are 367 resale homes for sale. (Keeps dropping)

Median price of a home for sale - $698,000

Average price of a home for sale - $935,843

Average days on market - 114

5 homes went pending this week with an average price of $714,750 ($246/sq ft)

Average days on market for these pending homes - 107 days

1 home sold this week

Homes Sold This Week

4021 Avellano Drive sold for $395,000

This home was on the market for 116 days

It sold for $255/sq ft

REAL ESTATE NEWS

In El Dorado Hills, of the 367 listings, 2 are pending foreclosure, there are 28 short sales, and 26 bank owned properties, a total of 15%.

The December 26th Village Life newspaper reported these statistics for El Dorado County:

13% decrease in sales from October to November

7% decrease in inventory

3% sold for under $200,000

49% sold for between $200,000 and $400,000

48% sold for over $400,000

Average price per square foot decreased by 4% during the month of November at $212

For more information about real estate in the Sacramento area, including El Dorado County, go to  www.sacramentolanding.blogspot.com .  It gives a wealth of information about various aspects of real estate and the Sacramento area. 

For all currently listed homes for sale go to our website

<a href=”http://www.joneshomes4u.com” target=”_blank”>

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