Placerville December 2007 Real Estate Market Report

Placerville area offers affordable residential living with 118 active listings. Price ranges from $175,000 for a 550 sq ft home in Placerville to highest list price of $699,000 for a 2400 SF home in on ½ acre in Placerville.

There are 7 pending sales with an increase in average days on the market to 126.

There were 29 sold listings in the last 3 months with average days on the market increasing to 71. List to sales price is holding steady at approximately 95.8%.

The rural areas surrounding Placerville include the areas of Greenstone, El Dorado, Diamond Springs, Pleasant Valley, Somerset, Fairplay, Mt. Aukum, and Grizzly Flats. The active listings on acreage have decreased to 266 listings, still giving buyers many properties to choose from. Homes range in price from a $197,000 for a 1 bed/1 bath on 1.2 acres in Grizzly Flats to another property in Placerville on 13 acres with future commercial property zoning priced at $6,500,000.

There are 18 pending sales with average days on market increasing to 115. There are 34 sold listings in the last 90 days with average days on the market decreasing to 61. List price to sales price has remained steady at 95.9 %.