Market Update - Focus on Cameron Park / Shingle Springs
If you’re shopping for a home around Highway 50, you might want to consider Cameron Park / Shingle Springs. There are some pretty nice homes in this area and the lots around homes are bigger than most other areas. Add to that the fall colors that are so enticing this time of year!
Last year, 317 homes sold in the 95682 zip code which includes both Cameron Park and Shingle Springs. The median value of a single family residence last year was $500,000. Homes stayed on the market 65 days before they were picked up.
This year so far, only 192 homes have sold and 23 more are pending sale. The median price has fallen to $465,000. Buyers can expect a savings of approximately 7% from last year’s prices.
There are currently 227 homes to look at in this area between $240,000 and $3,495,000. Lots to look at!
