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El Dorado Homes Sold from October 2006 through August 2007 is provided here by a bar chart.
Looks pretty good when you look at the chart, doesnt it?
What the chart doesnt show are the homes that were for sale during that time that didnt sell.
There were 1, 599 homes for sale in August 2007 and as you can see, only 148 homes sold in August. What does that say to you? In my opinion, if a seller, homeowner does not have to sell, you shouldnt be on the market. The old supply demand theory you remember.
Each month I provide the Real Estate market stats for the areas in El Dorado County that I cover, by City. Just click on the graph above and it will take you there where you can check out the City stats. For those thinking of buying a house or relocating to the El Dorado County area this is a good first step in looking at the Real Estate trends.
In the past I have only used the numbers for each particular month and not included those homes that did not sell the preceding months, as carry overs but from now on, I will be including them. You need to see a truer picture of the quantity of houses on the market for sale.
For the Month of August 2007 El Dorado County has the following Stats:
Residential “ Single Family Homes Only
1,599 Homes For Sale
$649,855 Average Price of Home for Sale
98 Average Days on the Market
139 Homes Accepted an Offer from Home Buyer
$525,437 Average Price of Home at Acceptance
71 Average Days on the Market
148 Homes Sold
$540,357 Average Sold Price
80 Average Days on the Market
El Dorado County Condo Market Stats for August 2007:
35 Condos for Sale
$264,016 Average Price of Condo
93 Average Days on the Market
6 Condos Accepted an Offer
$206,983 Average Price for Condo Accepting Offer
98 Average Days on the Market
3 Condos Sold
$231,667 Average Sold Price of Condo
37 Days on the Market
Dont forget to take a look at the City you live in, buying a house or relocating to to see what the Real Estate market trends are for El Dorado County its a good first step.
Related Articles:
Home Sales for July 2007 for El Dorado County, CA
Home Sales for El Dorado County in June 2007
Home Sales for El Dorado County in May 2007
Real Estate Home Sales For El Dorado County in April 2007
Home Sales in March For El Dorado County
El Dorado County Home Sales Report For February 2007
El Dorado County CA Home Sales Report For January 2007
El Dorado County Real Estate Statistics for December (December 2006)
November Real Estate market Statistics for El Dorado County by City (November 2006)
Real Estate Market Statistics by City for El Dorado County (October 2006)
El Dorado County Statistics by City (4/22/06 thru 10/19/06)
