El Dorado Hills - Homes & News - DeeDee Riley Realtor: California

What's Selling in El Dorado Hills CA - May 2011

What's Selling in El Dorado Hills CA - May 2011

Believe it or not real estate is still selling and not everything is bank owned or a short sale!  Here are the highs and lows of what was selling in El Dorado Hills CA and the sold statistics for May 2011. 

There was a total of 56 homes sold that included bank owned, short sales, and regular sales. 
*Average Listing Price = $494,021
*Average Size = 3094 square feet
*Average Day on Market = 81
*Average Selling Price= $483,194
*Average Price Per Sq. Ft = $155


The home that sold at the lowest price
was this 3 bedroom, 2 bath single story built in 1962 on .26 acre with 1622 square feet.  It was listed at $179.500 and sold in 25 days for $180,000 ($110.97 per sq. ft.).  It was an bank owned (REO) home with updated kitchen cabinets/counters and an updated hall bath but needed a new roof, paint inside/out, flooring, and master bath repairs.

3888 Arrowhead Drive - El Dorado Hills CA - the lowest price home sold in El Dorado Hills in May 2011
3888 Arrowhead Dr., El Dorado Hills CA




The home that sold at the highest price was this 4 bedroom, 5.5 bath custom built on .817 acres in 2006 inside the Country Club area of Serrano.  It had amenities that included travertine floors, a chefs kitchen, wine cellar, covered loggia/outdoor kitchen and fireplace, and a pool/spa that overlooking the 2nd green of the golf course. I had the chance to show this house a few times and can tell you first hand that it was incredible!  It sold for $1,924,500 ($278.91 per sq ft.).

4533 Greenview Drive - El Dorado Hills CA -highest price home sold in El Dorado Hills CA May 2011
4533 Greenview Drive, El Dorado Hills CA



Here are a few more statistics for you on what was selling in El Dorado Hills CA last month - May 2011.

Of the 56 sales -
16 were Bank Owned (REO) and they represented 28.6% of the total.
*Average List Price = $374,125    
*Average Size= 2958    
*Average Selling Price = $383,999   
*Average Sq Ft Selling Price =$133


11 were Short Sale representing 19.6% of the total.
*Average List Price = $478,264    
*Average Size= 3267    
*Average Selling Price = $473,455    
*Average Sq Ft Selling Price =$145


29 were Regular sales representing 51.8% of the total.
*Average List Price = $566,147    
*Average Size= 3103    
*Average Selling Price =$541,616    
*Average Sq Ft Selling Price =$170


Visit my website to see Market Statistics for El Dorado Hills over the last 15 months.  Keep in mind that the statistics there are for all property types - REO, Short Sale, and Regular and are updated each month. (New figures are posted there roughly the 9th of the month.)

Real estate is local and if you are considering buying or selling a home in El Dorado Hills, you need to look at what's selling in El Dorado Hills CA. To have a breakdown like the stats above or to see statistics over a broader range of time email me and I'll be happy to send them to you.

 

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I am a REALTOR® in El Dorado Hills with Lyon Real Estate. Though living in El Dorado Hills is my passion, I am happy to help you with your real estate needs throughout the Sacramento Valley. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com.

 

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By DeeDee Riley 2011 *All Rights Reserved*What's Selling in El Dorado Hills CA - May 2011

 

DeeDee

 

DeeDee Riley - El Dorado Hills Realtor - Lyon Real Estate - CABRE#01499004

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Comment balloon 7 commentsDeeDee Riley • June 06 2011 02:55PM
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