Is The El Dorado Hills Real Estate Market Slowing?
The El Dorado Hills Market may have slowed a bit but looking at the sales and pending sales, we are not far off from our normal numbers for each month. What is more important to consider is what it is costing you to wait if you are contemplating a move. The first two charts below show Trendgraphix Market Data over the last 12 years with regards to our inventory verses sales and our average selling price per square foot. The last chart shows how the interest rates have fluctuated through the years.
Inventory For Sale, Sold, and Pended
Average Price Per Square Foot Selling Price
Long Term Morgage Rate Trends
Reproduced with the permission of Mortgage-X.com
As inventory rises, you may have more to choose from but it may cost you more for the same house as interest rates and/or the price per square foot increases. Your guess is as good as mine on predicting the future but see what you think of these trends. If you are ready to make a move, I would love to help. Call or email me with questions you have on these reports or our El Dorado Hills Real Estate Market.
I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in El Dorado Hills, where homes with views have become my passion. Working with both buyers and sellers, my concentration on homes for sale includes not only El Dorado Hills, but also Folsom and the Cameron Park vicinity. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at firstname.lastname@example.org. When you're ready to sell or buy a home – I would love to help! To read what my clients have to say about me and my service, visit my Client Testimonial page.
By DeeDee Riley 2013 *All Rights Reserved*Is The El Dorado Hills Real Estate Market Slowing?
DeeDee Riley - El Dorado Hills Realtor - Lyon Real Estate - CABRE#01499004
When you're ready to sell or buy a home; I would love to help! To read what my clients have to say about me and my service, visit my Client Testimonial page.