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Auburn, CA November 2009 Market Conditions Report

The town of Auburn offers affordable residential living with 142 active single family home listings ranging in price from $145,000 for a 2 bed/1 bath 996 sq ft home to a 5,875 sq ft home on .56 acres in Canyon Rim for $1,495,000. Of the active listings, 53 were short sales and 12 were bank owned (REO's).

There are 28 pending sales with average days on the market at 77. There were 52 sold listings in the last 3 months with average days on the market of 64. List to sales price increased 96.74%

The rural areas in and surrounding Auburn include the areas of Loomis, Newcastle, Penryn, East Lincoln, Meadow Vista, Colfax, Weimar, Foresthill and South County of Nevada County. There are 360 active listings on acreage. This is a decrease of 67 listings from last report.. Price ranges from $145,000 for a 2 bed/1 bath home on 2 acres outside of Auburn to $6,900,000 for a 3100 Sq Ft home on 1,047 acres in Foresthill.

There are 65 pending sales with average days on market of 98. There are 109 sold listings in the last 90 days with average days on the market of 95. List price to sales price has decreased a bit to 93.6%.

Placerville, CA November 2009 Market Conditions Report

Placerville area offers affordable residential living with 71 active listings. Prices range from $144,500 for a 1 bed/1 bath to highest list price of $875,000 for a 5,000 Sq Ft home on .68 acres. Of these listings 13 are short sales and 7 Bank owned (REO).

There are 21 pending sales with average days on the market of 59 which is a good average for an in town seller in Placerville.

There were 53 sold listings in the last 3 months -with average days on the market decreasing to 51 as listings are becoming scarcer. List to sales price has increased to 97.5%.

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 are 224 - which is a small decrease from last report. This gives buyers many properties to choose from. Homes range in price from a $120,000 for a 2 bed/1 bath outside of Placerville on 1 acre to a 5 bed/7 bath - 4 homes on 115 acres historical working horse ranch for $7,700,000.

There are 36 pending sales with average days on market of 107. There are 76 sold listings in the last 90 days with average days on the market of 96. List price to sales price has increased to 96.1%.

Cameron Park, CA November 2009 Marketing Conditions Report

There are 123 active listings of residential properties under 1 acre in Cameron Park, Shingle Springs and Rescue areas. There are 31 short sale properties available and 11 REO's (bank owned). Prices range from $149,000 for a 2bed/1 bath to $917,000 for a 5 Bed/4 Bath 3,841 Sq Ft home in Hacienda de Estrellas on ¾ Acre.

The 33 pending sales have average days on the market of 50. There were 64 sold listings in the last 90 days decreasing to 67 days on the market. Comparison of list price to sales price increased to 97.4%%.

There are 107 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 $224,900 for a 2bed/1 bath on 1.5 acre to highest priced property at $1,900,000 for a 1400 sq ft home on 5 acres in Shingle Springs on property that has tentative approval for 15 lot subdivision.

Average days on the market for the current 23 pending sales have increased to 100.. Average days for the 28 sold listings in the last 3 months are stable at 84. List price to sales price ratio has increased 96.8%.

El Dorado Hills, CA November 2009 Marketing Conditions Report

El Dorado Hills has 311 active listings. Of the active listings there are 45 short sales and 16 bank owned properties for sale. Home prices range from $259,000 for a 3 bed/2 bath to a newer 6900 sq ft home in Serrano priced at $2,995,000.

There are 80 homes for sale priced under $400,000 and 46 homes priced over $1,000,000 indicating both affordable and luxury living is available in El Dorado Hills.

There are 82 pending sales with average days on the market of 63. There are 125 sold listings in the last 3 months with average days on the market of 66. Average list price to sale price has increased to 98.6% indicating buyers are aware of the bargains in this area.

Roseville/Rocklin November 2009 Marketing Conditions Report

This is a very active market! There are currently 805 active listings of single family homes in Roseville/Rocklin area. Prices range from $99,900 for a 3 bed/2 bath bank owned in Roseville to $1,900,000 for a 5,700 sq ft home in Whitney Oaks in Rocklin. There are 228 homes priced under $250,000 showing the affordability of this desirable area. Of the 805 active listings, 146 are short sales and 44 are bank owned (REO).

There are 318 pending sales with average days on the market of 57. There are 580 sold listings in the last 3 months indicating excellent turnover activity. 49% of the sold listings had accepted offer within the first 30 days at 99.5% of list price. Average days on market for all sold listings was an excellent 54.