(April 25, 2019) – El Dorodo County in California has been experiencing increasing house prices, like the rest of the state, for the past 15 years. At a Median Sales Price of $635,000, according to Trulia, the price may be at the lowest it has been in the past year, yet it is currently facing patterns of stabilisation at an all-time high if longer periods of 5 years or more is considered. These prices were matched only back in mid of ’06 when a large demand influx pushed prices up drastically. This is evidenced by the fact that the number of house sales in the two months prior to the price hike was at 537.
Prominent El Dorado hills listing agent and El Dorado hills realtor note that these trends are likely to continue if a concerted effort by the state department isn’t taken to match up to its target house constructions of 180,000 new housing units. This is a discouraging target though as over the past 10 years, a time period within which these trends have been apparent, only half the number of these homes have been established.
About Jenifer Whigham and Keller Williams Realty:
An El Dorado Hills realtor right in the middle of the action, this real estate firm prides itself in securing the desired properties for its clients at the lowest prices possible in the turbulent market.
For more information, please visit https://jeniferwhigham1.kw.com/
Media Contact:
Jenifer Whigham Office number: (800) 807-5022
Email:jenifer.whigham@kw.com
Keller Williams Realty El Dorado Hills
3907 Park Dr Suite 220,El Dorado Hills, CA 95762
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