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Home Sales in March for El Dorado County
April 10th, 2007 categories: El Dorado County, El Dorado RE Stats, Real Estate Market, Statistics by City
March Home Sales are in and ready for you to take a look at for each of the City/Communities in El Dorado County. The real estate market sales statistics are revealed by each zip code in El Dorado County.
If you are interested in your particular area, I can provide the specific sales within a 1 mile radius of your home. Sellers, are you interested in knowing how much your home is worth? Simply click on the house icon below, fill
out your address along with what items you have added to your home since you bought your house. Ill get right back to you with a comparative market analysis. Remember, that your name must match the address on the Title in order for me to give you information.
Home Buyers considering buying a home in El Dorado County should take the time to study the market trends for each of the areas. As a Realtor, I will help provide that information and explanations to each home buyer so when the home buyer selects their next home, they have been fully educated on the area and the real estate market trends.
Once you click and review the real estate market data for March 2007 in El Dorado County, you will notice how many homes are for sale in each City/Community within the El Dorado County boundaries. Also, the average price the seller is asking for their home for sale, the average square footage and the average days that the house has been for sale. Next, are the homes that have an accepted offer and lastly, the houses sold in each City/Community by zip code for the month of March as well as the average price and square footage of the homes sold.
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Below, I have provided a chart comparing the last three years for the month of March. This chart indicates how many homes sold in 2005, 2006 and 2007 in the month of March for all of El Dorado County.
Im sure it comes as now surprise that the number is significantly lower in 2007 as compared with 2005. It doesnt take a genius to see that the home sales are down. There are many factors effecting this subprime lenders closing shop, new lending criteria for home buyers, short sale and foreclosures.
El Dorado County 3 Year _
El Dorado County March 2005 Real Estate Market Sales
Homes Sold 299
Average Price $ 499,890
Square Footage 2140
Days For Sale 43
El Dorado County March 2006 Real Estate Market Sales
Homes Sold 194
Average Price $ 554,666
Square Footage 2215
Days For Sale 68
El Dorado County March 2007 Real Estate Market Sales
Homes Sold 172
Average Price $550,546
Square Footage 2260
Day For Sale 74
Both Home Buyers and Sellers need to become acquainted with what homes are selling for in their neighborhood. Its important to price your house correctly, the first time.
Buyers want to see fresh new listings, if it takes you several months to understand the market, you have lost potential buyers they are looking at the new listings, what is fresh on the market. In this real estate market, you must be aggressive, priced correctly and in show quality if you want to sell.
Home staging is vital to your sale, pricing is vital to your sale and flexible with showing your home is vital. As we continue in the months ahead, where there will be more and more homes for sale, take a look down your street and if there are for sale signs my recommendation is to wait. This sends a clear, negative comment to all Buyers. The first question a Buyer has when they see several for sale signs, is what is wrong with the neighborhood?
Hint: take turns on your street, talk to your neighbor in the long run it will work in your favor.
As always, as a Realtor, I am here to help both Buyers and Sellers with their Real Estate needs and questions. Feel free to check out homes for sale in El Dorado County at my website.
Have question about Real Estate, email me, call or comment below.
Related Articles:
El Dorado County Home Sales Report For February 2007
El Dorado County CA Home Sales Report For January 2007
El Dorado Hills, California Upscale
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)
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