Sheryl Smith's "How's the Market?" Report

El Dorado Hills, CA

Single-Family Homes

Smith Real Estate Services I Broker, Realtor #01381095 I 916-472-0103



El Dorado Hills, CA

Thu Jun 20 2024
This week the median list price for El Dorado Hills, CA is $1,045,255 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 158. Click here to stay informed with the El Dorado Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

El Dorado Hills, CA

Thu Jun 20 2024
This week the median list price for El Dorado Hills, CA is $1,045,255 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 158. Click here to stay informed with the El Dorado Hills market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the El Dorado Hills market.
Median List Price $1,045,255
Median Price of New Listings $1,150,000
Per Square Foot $380
Average Days on Market 74
Median Days on Market 42
Price Decreased 41%
Price Increased 3%
Relisted 14%
Inventory 158
Median Rent
Market Action 42
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,249,000 4,244 0.5 - 1 acre 4 4.5 11 5 3 56
$1,275,000 3,545 0.25 - 0.5 acre 4 4 18 5 3 42
$936,865 2,597 8,000 - 10,000 sqft 4 3 19 4 4 45
$776,000 2,243 4,500 - 6,500 sqft 3 2.5 18 4 1 21