El Dorado County Real Estate Market
El Dorado County’s real estate sales in January have cooled off from last year’s sales at this time. Not counting residential income and other non-residential sales, 120 homes sold in January, down 35% from last January’s figure of 185. Average days on market were up slightly, from 64 to 71. Last year, the ratio of expireds in January to solds was 18.4%. This January, that number stands at 84.2%.
The average home sold in El Dorado County listed for $591,647, and sold for 96.7% of list at $571,874. The median sale price was $488,000. On a cost per square foot basis, homes appreciated 10.9% from January to January.
Currently in El Dorado County there are nine months of inventory.
