The El Dorado Hills Real Estate market had an estimated median house or condo value (as of 2007) ranging between $625,000 to $792,000. Home sales in El Dorado Hills are beginning to stabilize after a roller coaster of record high appreciations due to incredible demand. Ninety four percent of El Dorado Hills homes for sale are single family residents. Condominiums, town houses and apartments are relatively uncommon in El Dorado Hills. Real Estate sales in El Dorado Hills are currently averaging about $420,000.
About El Dorado Hills
El Dorado Hills is one of the most prestigious residential areas in Northern California. The town is situated in the foothills of the Sierra Nevada Mountains and between San Francisco Bay Area and the scenic Lake Tahoe basin. The westward view opens to a vista of the Sacramento Valley and Folsom Lake. El Dorado Hills is a community that offers locals and visitors the amenities of shops, hotels, services, entertainment and restaurants that make their stay extremely pleasant. In the last several years this area has seen great progress in business investments and employment opportunities.
El Dorado Hills Home Values
Home values in El Dorado Hill are mostly high end, with some mid range home values, and several luxury homes in the top end of the value range, (2.2 Million) The building boom in 2005 helped to supply new homes to buyers who could easily access financing. With tremendous demand and access to money the the El Dorado Hills Home values soared. The subsequent real estate crash pulled El Dorado Hills home values down hard and fast. Prices have settled somewhat, however, it is the foreclosures that dictate the home values for El Dorado Hills, and this is a trend that is expected to continue for at least a year.
El Dorado Hills Demographics
- Males: 10,037
– Females: 10,106
– Median resident age: 37.6
– Average household size: 3.1
– Estimated median household: $116,551
– Family households: 88.3%
-Households w/ income below the poverty level: 1.7%
Attractions & Things to Do Near El Dorado Hills:
El Dorado Hills is in a prime location for lots a few recreational activities as well plenty of little boutique shops. The following is just a short list of things you can do near El Dordado Hills.
- Shopping in the El dorado Hills plaza.
– Shopping at Folsom Outlet Shopping Center
– Fine Dinning at the Mask restaurant
– See a show at the massive movie theater
– A country drive out the scenic Latrobe road
– Easy Access to anything within the Highway 50 Corridor
– 1.5 hour drive to South Lake Tahoe / State line Nevada
– Golf Courses
– Easy work commute to Sacramento or Roseville
El Dorado Hills Homes for Sale
Home for sale in El dorado Hills presents a great value in today’s market. The location of El Dorado Hills is one of it’s best features. The values soared in the boom due to the huge demand and availability of financing. Home for sale in El Dorado Hills have now come back to earth and there is great opportunity to pick up a wonderful home that is well appointed, in a safe neighborhood, among home values that have certainly stabilized on the bottom end.
To find homes for sale in El Dorado Hills as well as other real estate opportunities, please visit our MLS Search Page.
