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30 Oct

El Dorado County Real Estate Market, September 2005

Posted October 30th, 2005 | View Comments

Residential real estate sales through the MLS in El Dorado County totaled 245 units in September. Unit volume was down 15.2% from last September’s figure of 289 residential units sold. The average El Dorado County home sold in September was 2125 square feet in size, and sold for $544,268, or 97.7% of the aveage list price of $556,628. The median home price was $500,000.

Cost per square foot was up 17.2% over the average during September of 2004. September of 2004′s average home was 2025 square feet in size, and sold for an average of $442,687.

Days on market were not changed much, but already fairly high last year at 45 days. This year’s average was 49 days. At 4.5 months, current inventory is higher overall in El Dorado County than either Placer or Sacramento Counties.

  • skeptical

    “At 4.5 months, current inventory is higher overall in El Dorado County than either Placer or Sacramento Counties.”

    I haven’t heard anything from the Environmental Protection Agency in quite awhile. What happened with that study on unhealthy levels of naturally occurring asbestos. This should directly effect property values in that area and I’m surprised that there is any purchasing at all.

  • John Lockwood

    Yes, the EPA sort of ran away with their heads between their legs after the good citizens of El Dorado Hills formed a sort of a an angry mob. C’mon, they weren’t going to actually lynch anyone — what’s the problem? :)

    For what it’s worth, El Dorado County Realtors® have been disclosing serpentine rock for years, long before the press’ latest field day.

    Is this the post I was supposed to delete? If not, let me have at it: I’m not surprised there are still sales in El Dorado Hills. People love beach homes in spite of the tsunamis, inland homes in spite of tornados, the bay area in spite of the earthquakes, Mexico in spite of skin cancer, Canada in spite of frostbite, etc. etc.

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