The Best Guide To El Dorado County Association of Realtors®

However, the price differs depending upon where the home is situated and its condition. In the last 45 days, Mc, Nicholas said the median sold price of a single-family house in El Dorado Hills was $1. 3 million, in Cameron Park $618,000, in Placerville $510,000 and $425,000 in the Pollock Pines/Camino location.

She's also finding that while the county is seeing its reasonable share of buyers from the Bay Location, there are many sales to existing county property owners who are remaining however are either scaling down or upsizing. Others are utilizing the equity in their houses to refinance and do house enhancements. As for why these bidding wars are occurring, realtors say it is because of a mix of factors.

At the same time, the stock of offered single-family homes is lower than need.  This Article Is More In-Depth  are also working from home these days either since of COVID-19 or since the work model is changing. So that's another factor driving the demand for more area far from the office. El Dorado County is attracting its share of these buyers, especially those from the Bay Location, due to the fact that homes are normally more budget friendly here than in other areas, the county is not as busy and buyers can get more home and area for their cash.

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As for Mc, Nicholas, she sees it as all being good because it means more purchasers moving here and more earnings for the county. Related.

$ 12,826 Avg. Up, Nest savings $36,573 Avg. Up, Nest agent charges $49,399 Avg. standard representative charges 15 Avg. years of experience Commission savings based on El Dorado Hills's typical gathered house rate of $12,826 and Up, Nest's typical commission of 4. 44% compared to the standard 6%.

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El Dorado County Association of Realtors®

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