PLACERVILLE, CALIFORNIA

Real Estate

What a difference a year makes

By From page HS3 | January 03, 2014

At the end of last year, the median selling price for a home in our county was $289,000. This December it’s 21 percent higher at $350,000. A year ago the average selling price of a home in El Dorado Hills was $467,000. Today it’s up to $575,000. Cameron Park homes were averaging just less than $300,000 last December and this year they are up $25,000. Homes in Placerville’s ZIP code averaged $240,000 a year ago are now averaging $275,000. Home prices hit bottom in 2012. In 2013 they accelerated, averaging 25 percent higher than a year earlier.

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Ken Calhoon

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