El Dorado County

Chase life—joy, health, success

The extraordinary influx of home buyers to our Region gives us the opportunity to deepen our appreciation of where we live. COVID 19 changed the way people value their lives. Properties continue to go into contract days after listing as buyers are excited to start a new way of living. The trails are welcoming hikers and bikers like never before. Exercise has taken off to new levels and the young and old are enjoying what we are all about. Creativity has hit new levels of joy with less distraction. The new trend of outdoor dining and take-out, along with social distancing and respect for our neighbors is a new way of living.

The year 2020 taught us that we can accomplish so much even if we can’t see or meet a client in person. Technology platforms have shown not only the agent, but the consumer that a lot can be done virtually, even buying or selling a home. Our Greater Sacramento Region, like the rest of the nation, has limited inventory. With the market competition, this can be challenging for buyers. Buyers must have their finances in order so they can write their best offer and sellers can choose the buyer and offer that best fits their circumstances.

One of the many ways we help our clients is creating what we call, Chase Ready properties. With a Chase Ready listing, the buyer knows up-front if the home’s condition matches their desire. They have reports on the property available prior to writing the offer, rather than during contract, when surprises may be found on inspection reports. This higher standard creates a greater real estate experience for both buyers and the sellers.

Our Sacramento Region is likely to become more competitive as home prices continue to rise. According to Realtor.com, in 2021 Sacramento will be one of the hottest markets in the nation. Additionally, record low-interest rates continue to fuel the Greater Sacramento and Tri-County area real estate market.

El Dorado Hills

2021 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio

2021

$499,926,169 533 $972,581 $852,500 $315.00 15.5 103.60%

2020

$273,076,074 354 $770,770 $685,000 $253.50 36 99.25%

% Change

83.07% 50.56% 26.18% 24.45% 24.26% -56.94% 4.38%

SALES VOLUME 2021 $499,926,169 2020 $273,076,074 UNITS SOLD 2021 533 2020 354

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