March was a better month for real estate in El Dorado in general with 168 homes selling this month over 115 last March. Real estate sales were also better this month than they had been in the previous with February selling only 122 homes. Overall unit volume sales were 46.1% year over year with short sales noting the most increase percentage-wise: 131.2% for the same period. Foreclosure sales remained at almost the same levels and non-distressed sales gained 46.1% year over year. 2 out of every 3 sold homes is now a non-distressed home.

Average sold price per square foot is now $150.84 down 6.8% year over year. Average homes sold were also 6% smaller than they were a year ago and so the average sales price in El Dorado county is 12.4% lower than it was a year ago. It is currently $327,988 down from $374,330 last March. Median sales price is currently $294,950.

El Dorado county has 8.3 months of inventory based on the last year of sales. Looking at the last 6 months of sales, that inventory goes up to 8.7 months.

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