Best of the El Dorado Hills

December 2008

Dec. 10, 2008 - Best Deal for El Doroado Hills on December 10, 2008*

Damico Drive, El Dorado Hills, CA - The best price per square foot home today in El Dorado Hills is only $111.48 per foot. It sits in one of the newer Serrano villages on approximately .23 acres with 5 bedrooms, 4.5 bathrooms, and just over 4300 square feet. It is a 2 story with a 2 car garage. There is no back yard landscaping but at this price you could put a yard in that you want and still be sitting pretty as far a a deal. This bank owned home is currently listed at $479,900. This home sold 1/21/09.

Since June there have been 9 homes sold in the Serrano area between 4000 - 4500 square feet with the highest selling at $735K and the low at $600K, a median home price of $678K, and an average square foot price of $163.11.

Looking at our Lyon Trendgraphix statistics for the month of November, in all of El Dorado Hills there were 45 homes sold. Of those, 25 were non-REO and averaged $181/ square foot while the other 20 were REOs and averaged $162/ square foot. Comparing statistics from November 07, sales for all properties in El Dorado Hills is up 36.4% and inventory is down 27%.

To see more of our Trendgraphix visit my website at www.DeeDeeRiley.com and click on the Market Trends tab. To see all bank owned properties in El Dorado Hills from my website click on the link at the top of the page.

I would love the opportunity to work with you on the purchase of a home here in El Dorado Hills or anywhere in the Sacramento Valley area. Call or email me today!

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View more entries tagged with: Best Deal, Homes For Sale El Dorado Hills, Serrano Neighborhood, Gated Community, Bank Owned, Homes Under 1 Million Dollars

Welcome to my Best of the El Dorado Hills weblog! The Hills I refer to here are the foothills east of the Sacramento Valley. My inspiration for this blog came as a result of my Real Estate profession where touring homes and knowing the inventory are some of the best parts of my job. Though my predominant intention here is to tell you about the homes for sale that have wow’d me, I also want to include what I consider to be among “other bests” of living in this wonderful area. You can search by categories, by clicking on the links below, or click on a tag word under one of my postings for more blogs about that subject. The prices shown on each blog is as of the date written. I'll try and update them when time allows. Please keep in mind that sometimes the pictures don't do a home justice, but they are what the listing agent has submitted to the MLS and what I have to work with. For more pictures or information on any of these postings or for help in locating similar homes available in our area, please contact me by clicking on the “Email Me” link below. Be sure and check out My Favorite Links for more helpful sites. Blog postings with * following the name indicate that the home has been sold and is no longer available.