Cameron Park December 2007 Market Report

There are 146 active listings of residential properties under 1 acre in Cameron Park, Shingle Springs and Rescue areas. 50 homes are priced under $400,000. Prices range from $250,700 for a 2bed/2 bath to $899,000 for a 4500 SF custom with views.

The 17 pending sales have average days on the market of 101. There were 45 sold listings in the last 90 days with average of 79 days on the market. Comparison of list price to sales price is holding up well at 96.1% - a good ratio of list price to sales price.

There are 117 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 $289,900 for a 3bed/2bath on 1.4 acres to highest priced property at $3,495, 000 for an 8985 SqFt home on 5 acres in a gated rural subdivision.

Average days on the market for the current 9 pending sales have increased to 118. Average days for the 19 sold listings in the last 3 months have increased to 76. List price to sales price ratio is approximately 92.4% indicating buyers are still getting good deals.