Rico Castillo City: El Dorado Hills - All About Folsom California · 2019. 7. 16. · | MARKET...

| MARKET ACTION REPORT June 2019

City: El Dorado Hills

Rico CastilloBroker Associate(916) 934-3146Get Real Estate Tips and Guide [email protected]

Price Range: 0 to 999999999 | Properties: Single Family Home, Townhome, Condo

© 2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act andthe Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo areregistered service marks owned by Coldwell Banker Real Estate LLC.. DRE # 00313415

Based on information from MetroList Services, Inc. for the period 7/1/2016 through 6/30/2019. Due to MLS reporting methods and allowable reporting policy, this datais only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintainedby the MLS's may not reflect all real estate activity in the market.

Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $799,000 3% � 0% � � � �Average List Price of all Current Listings $923,285 0% � -6% � � � �June Median Sales Price $699,900 1% 1% 11% 6% $690,000 9% 4%June Average Sales Price $819,537 -3% 3% 12% 10% $789,135 9% 6%Total Properties Currently for Sale (Inventory) 286 4% � 32% � � � �June Number of Properties Sold 93 6% � -6% � 407 -14% �June Average Days on Market (Solds) 34 0% -8% -23% -17% 42 5% 2%Asking Price per Square Foot (based on New Listings) $261 -2% -1% 0% 0% $265 2% 2%June Sold Price per Square Foot $254 -6% -2% 3% 1% $260 5% 3%June Month's Supply of Inventory 3.1 -2% 0% 40% 23% 3.3 26% 33%June Sale Price vs List Price Ratio 97.3% -0.8% -1% -1% -0.8% 97.9% -0.7% -0.2%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales June Property sales were 93, down -6.1% from 99 in June of 2018 and 5.7% higher than the 88 sales last month. June 2019 sales were at a mid level comparedto June of 2018 and 2017. June YTD sales of 407 are running -13.6% behind last year's year-to-date sales of 471.

Prices The Median Sales Price in June was $699,900, up 11.1% from $630,000 in June of 2018 and up 1.1% from $692,000 last month. The Average Sales Price inJune was $819,537, up 11.5% from $735,284 in June of 2018 and down -3.2% from $846,704 last month. June 2019 ASP was at highest level compared toJune of 2018 and 2017.







Inventory & MSI The Total Inventory of Properties available for sale as of June was 286, up 3.6% from 276 last month and up 31.8% from 217 in June of last year. June 2019Inventory was at a mid range compared to June of 2018 and 2017. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2019 MSI of 3.1 months was at a mid rangecompared with June of 2018 and 2017.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate amove towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for June was 34, equal to 34 days last monthand down -22.7% from 44 days in June of last year. The June 2019 DOM was at its lowest level compared with June of 2018 and 2017.

Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impactedby the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The June 2019 Selling Price per Square Foot of $254 was down -5.6% from $269 last month and up 2.8% from $247 in June of last year.







Selling Price vs Listing Price The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratio is below 100%the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The June 2019 Selling Price vs List Price of 97.3% was downfrom 98.1% last month and down from 98.5% in June of last year.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annualseasonality of the market as well as the relationship between these items. The number of New Listings in June 2019 was 135, down -21.5% from 172 lastmonth and down -1.5% from 137 in June of last year.



Rico CastilloBroker Associate(916) 934-3146Get Real Estate Tips and Guide at [email protected]


© 2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker ResidentialBrokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.. DRE # 00313415

Based on information from MetroList Services, Inc. for the period 7/1/2016 through 6/30/2019. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

J 16 A S O N D J 17 F M A M J J A S O N D J 18 F M A M J J A S O N D J 19 F M A M J

Homes Sold 75 93 76 59 65 66 49 28 60 69 80 91 88 108 77 69 93 76 48 43 85 87 109 99 100 91 69 81 61 56 41 43 64 78 88 933 Mo. Roll Avg 81 76 67 63 60 48 46 52 70 80 86 96 91 85 80 79 72 56 59 72 94 98 103 97 87 80 70 66 53 47 49 62 77 86

(000's) J 16 A S O N D J 17 F M A M J J A S O N D J 18 F M A M J J A S O N D J 19 F M A M J

MedianSalePrice 569 595 590 575 585 595 569 567 600 590 622 640 605 615 621 580 575 630 593 575 650 617 678 630 680 687 670 670 645 773 655 663 649 740 692 7003 Mo. Roll Avg 585 587 583 585 583 577 579 586 604 617 622 620 614 605 592 595 599 599 606 614 648 642 663 666 679 676 662 696 691 697 656 684 694 711


Inventory 294 267 258 224 187 133 163 184 234 254 278 298 258 247 249 222 183 127 163 170 174 198 214 217 187 193 191 197 159 128 159 167 186 238 276 286MSI 4 3 3 4 3 2 3 7 4 4 3 3 3 2 3 3 2 2 3 4 2 2 2 2 2 2 3 2 3 2 4 4 3 3 3 3


Days On Market 42 43 54 49 45 79 71 63 48 37 46 41 52 49 52 75 59 59 50 53 39 34 33 44 33 47 45 47 34 45 55 65 34 47 34 343 Mo. Roll Avg 46 49 49 58 65 71 61 49 44 41 46 47 51 59 62 64 56 54 47 42 35 37 37 41 42 46 42 42 45 55 51 49 38 38


Price per Sq Ft 222 223 220 222 229 224 223 220 239 237 237 241 238 236 234 243 237 230 242 244 240 253 256 247 251 259 262 252 256 250 256 265 254 259 269 2543 Mo. Roll Avg 222 222 224 225 225 222 227 232 238 238 239 238 236 238 238 237 236 239 242 246 250 252 251 252 257 258 257 253 254 257 258 259 261 261


Sale to List Price 0.984 0.970 0.973 0.963 0.974 0.970 0.968 0.978 0.979 0.978 0.977 0.983 0.976 0.975 0.966 0.977 0.967 0.954 0.973 0.967 0.988 0.994 0.994 0.985 0.981 0.971 0.981 0.976 0.976 0.978 0.968 0.988 0.983 0.983 0.981 0.973

3 Mo. Roll Avg 0.976 0.969 0.970 0.969 0.971 0.972 0.975 0.978 0.978 0.979 0.979 0.978 0.972 0.973 0.970 0.966 0.965 0.965 0.976 0.983 0.992 0.991 0.987 0.979 0.978 0.976 0.978 0.977 0.974 0.978 0.980 0.985 0.982 0.979


New Listings 105 104 102 75 45 41 90 95 146 125 141 155 112 120 102 100 64 25 116 119 108 144 150 137 97 112 107 111 58 46 101 91 120 156 172 135Inventory 294 267 258 224 187 133 163 184 234 254 278 298 258 247 249 222 183 127 163 170 174 198 214 217 187 193 191 197 159 128 159 167 186 238 276 286Sales 75 93 76 59 65 66 49 28 60 69 80 91 88 108 77 69 93 76 48 43 85 87 109 99 100 91 69 81 61 56 41 43 64 78 88 93

(000's) J 16 A S O N D J 17 F M A M J J A S O N D J 18 F M A M J J A S O N D J 19 F M A M J

Avg Sale Price 616 635 647 602 627 633 666 603 696 636 676 685 701 681 677 671 671 668 674 657 684 717 800 735 762 787 762 740 726 807 727 768 734 777 847 8203 Mo. Roll Avg 633 628 625 621 642 634 655 645 670 666 687 689 686 676 673 670 671 666 672 686 734 751 766 762 771 763 743 757 753 767 743 760 786 815

Rico Castillo City: El Dorado Hills - All About Folsom California · 2019. 7. 16. · | MARKET...

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