Cameron Park September 2009 Marketing Report

There are 110 active listings of residential properties under 1 acre in Cameron Park, Shingle Springs and Rescue areas. There are 42 properties priced under $300,000.

There are 15 short sale properties available and 7 REO's (bank owned). Prices range from $199,900 for a 3bed/2 bath to $917,000 for a 5 Bed/4 Bath 3,841 Sq Ft home in Hacienda de Estrellas on ¾ Acre.

The 42 pending sales have average days on the market of 70. There were 72 sold listings in the last 90 days decreasing to 74 days on the market. Comparison of list price to sales price is stable at 97.1%.

There are 122 listings of rural properties which include homes in Shingle Springs, Rescue, Lotus/Luneman and Latrobe areas also. This segment of the market has the most price range difference going from a low of $198,000 for a 2bed/2 bath on 1 acre to highest priced property at $1,900,000 for a 6200 sq ft home on 10 acres in Shingle Springs.

Average days on the market for the current 19 pending sales have decreased to 46. Average days for the 26 sold listings in the last 3 months is stable at 99. List price to sales price ratio has decreased 96.2%.