| Market Commentary Provided by Susie Pool We probably won’t see a buyer’s market like this for many years to come, if ever!!!! |
| Report Date | Winter 2010 |
CONNECT WITH A LOCAL PROFESSIONAL
Susie Pool
INSIGHT Real Estate El Dorado Hills, California (877) 741-3456 househunt@realestateeldoradoco.com Agent Home Page |
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| Nearest Metro Area | Sacramento | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | No Change | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $425,000 - View Graph Trend | ||||
| Best Selling Price Range | $200,000 - $249,000 | ||||
| Worst Selling Price Range | $600,000 - $649,000 | ||||
| Compared to Last Year | Down 25-30% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Multiple Offers Commentary | Short sales and bank owned properties are receiving multiple offers when prices are dramatically lowered enough!!!! | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Cameron Park is | No Change | ||||
| Seller Activity for the past 90 days in Cameron Park is | No Change | ||||
| Is Financing Available For Qualified Buyers in Cameron Park? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 45-50% | ||||
| Housing Hot Spots | Pollock Pines Cameron Park Placerville | ||||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Cameron Park! | ||||
| Average Sold Price | $425,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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