Market Watch

Market Watch updates are based on data provided by Metrolist MLS.  The data include single family home sales in El Dorado Hills, California for all price levels. The complete report can be downloaded below.

 

November 2017 is a Seller's market! The number of for sale listings was down 1.9% from one year earlier and down 26.2% from the previous month. The number of sold listings increased 38.1% year over year and increased 29.9% month over month. The number of under contract listings was down 25% compared to previous month and up 50% compared to previous year. The Months of Inventory based on Closed Sales is 1.7, down 32.5% from the previous year. The Average Sold Price per Square Footage was up 0.4% compared to previous month and up 6.3% compared to last year. The Median Sold Price was the same as last month. The Average Sold Price also increased by 1% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Depreciating". The Average Days on Market showed a neutral trend, an increase of 28.6% compared to previous year. The ratio of Sold Price vs. Original List Price is 96%, a decrease of 1% compared to previous year. 

 

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