El Dorado Hills, CA real estate market summary for August 2016
August 2016 is a Seller’s market! The number of for sale listings was down 8.2% from the previous month. The number of sold listings
increased 20% month over month. The number of under contract listings was down 18% compared to the previous month. The Months of Inventory based on Closed Sales is 2.5. The Average Sold Price per Square Footage was up 1.4% compared to the previous month. The Median Sold Price increased by 5.4% from last month. The Average Sold Price also increased by 4.2% from last month. Based on the 6 month trend, the Average Sold Price trend is “Neutral” and the Median Sold Price trend is “Appreciating”. The Average Days on Market showed a neutral trend. The ratio of Sold Price vs. Original List Price is 96%.