El Dorado Hills Real Estate Market - A Look at Inventory Levels
By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Windermere Real Estate - El Dorado Hills CA)
El Dorado Hills Real Estate Market - A Look at Inventory Levels Inventory levels are the reason our home prices in El Dorado Hills Real Estate Market and across the country are on the rise. Inventory levels help us define a buyer's market from a seller's market but it is important to keep in mind that price ranges can make a big difference. Neutral Market = 6 months of inventory Buyer's Market = 6 months or more of inventory Seller's Market = 6 months or less of inventory The following graphs will show you what the El Dorado Hills inventory levels have looked like over the last 15 months, including bank owned or foreclosures, short sales, and regular sales.. They are based on closed sales in comparison to the number of homes for sale. To calculate it on your own, divide the number ...
Comments
2