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February 12, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Cameron Park, California

Reported by Anna Boyd, License #01043604

Updated January 1, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

There are 90 active listings of residential properties under 1 acre in Cameron Park, Shingle Springs and Rescue areas. There are 53 short sale properties of which 40 already have seller accepted offers and waiting on lender approval. There are 8 REO's (bank owned).

The 38 pending sales have average days on the market of 90. There were 77 sold listings in the last 90 days and having been on the market for 88 days. Comparison of list price to sales price has increased to 96.7% indicating buyers see the deals in the lower segment of the market.

There are 75 listings of rural properties which also include homes in Shingle Springs, Rescue and Latrobe areas. Of these properties, 24 are short sales with 13 of these having seller accepted offers and waiting for bank approval. There are 8 bank owned.

Average days on the market for the current 22 pending sales is 65. Average days for the 31 sold listings in the last 3 months is 88. List price to sales price ratio is 94%.

Visit my website, www.annaboyd.com for free MLS Search (no registration required) or you can call or text me for more information (916) 813-3534. I'll be glad to answer any questions you may have. Thank you.

ZIP Code: 95682

Location Characteristics: Cameron Park-Cameron Park is a relatively new community in a county where gold was discovered in 1848 to set the stage for the California Gold Rush. Visionary Larry Cameron purchased the 5000 foothill acres that now encompass Cameron Park in the 50's for ranching purposes. Slowly, with the help of others, he divided the land into lots of varying sizes. Cameron Park reflects a wide scope of interests, with ranch sized properties, medium and high density residential, shopping areas, a championship country club, recreational lake and the Airpark Estates. The Cameron Airpark Estates provides a unique opportunity for pilots to commute from home to destination without ever leaving the plane. Wide streets double as taxiways between homes and the airstrip.

Shingle Springs-Originally an early, bustling, California gold mining settlement, Shingle Springs has taken on the character of a peaceful country community with ranches and homes on acreage. The area was riddled with rich placer mines, yielding up to $200 per rocker per day. With the discovery of gold came people and the first general store in 1865. As claims failed, the miners moved on, but cattle ranchers and farmers saw the value in these hills and continued to support the area. The first post office was established on February 3, 1853, and in 1866 the Sacramento Valley Railroad was extended to Shingle Springs. As a railroad terminus, the town boomed with trains and stages departing daily. It became one of the busiest business centers in the Golden State.

For More Information:

View Market Conditions of other areas served by Anna Boyd

Navigate: Top > California > Cameron Park

About Anna Boyd:
Helping my clients with their plans and dreams for the future is what I love most about my work. What is important to you, becomes important to me.

Yes, I've earned awards, Re/Max Hall of Fame 2007, Top 1% of Re/Max Gold Agents, RE/MAX Platinum Club (top 10%), El Dorado Lifetime Top Achievers, but those are not my true rewards. My rewards are the great people I meet in my work, and the referrals I get from past and present clients who trust me to do a good job for their friends, family, associates - and I thank them.




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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