El Dorado Hills Market Report - February 2013
By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Windermere Real Estate - El Dorado Hills CA)
El Dorado Hills Market Report - February 2013 Looking at just the number of sold homes in El Dorado Hills over the past 8 years they don't look very different from month to month. But this El Dorado Hills Market Report looks at the homes for sale as well and tells a much different story. Six years ago the inventory of homes for sale were at peak levels as home prices were starting to decline. Buyers quit buying because of the declining values and uncertainty. Today inventory in El Dorado Hills is the lowest it has been in over 11 years, merely 1/6th of the number of homes that were for sale during the peak months of 2007. The low number of home sales today are a result of our lack of inventory. Buyers are out there but they can't find anything to buy specifically in the lower pri...
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