Posted by John Lockwood on 14th July 2007
Jamie Boling-Puebla just listed this beautiful Jackson home.
Beautiful Home with a View
Location: Terrace View
Gorgeous view!!! Italian tile through out entire downstairs, new upgraded carpet, flooring in upstairs bathrooms, interior/exterior paint, 30 year roof front and back landscaping,fencing. Custom pantry. Community pool and playground.
Information
Contact Information
Jamie Boling-Puebla
(877) 735-5657
Property Location
205 Terrace View CircleJackson, CA 95642View Map
Features
Bedrooms: 3
Bathrooms: 2 1/2
Parking: Garage
Year Built: 1993
Subdivision: Terrace View
Lot Size: .070
Garage Size: 2 car
School District: Amador Unified
Square Footage: 1631
Agent Name: Jamie Boling-Puebla
Broker: Elite Properties
MLS #: 70072741 (Metrolist)
Attributes
Appliances
Range/Oven
Dishwasher
Sink Disposal
Microwave
Posted in Amador County, Featured Listings, Jackson | Add a Comment »
Posted by John Lockwood on 4th July 2007
No really, quit it.
I just got done writing about El Dorado County’s real estate sales in June, and noticed in the course of that article that prices aren’t really falling much in El Dorado County. Instead, for the same price, buyers are getting a bigger house. (Another way to put that is to say prices really are falling — it’s just not obvious just by looking at the median price and the average price).
Well, it looks like I spoke too soon on that one, because the same thing is going on in Amador County — only more so! In Amador County, this year’s average price and median prices actually rose from last year, or appeared to. The average home sold in June for $392,504, up .6% from last year’s average of $390,052. Meantime, the median sale price increased 3.4%, from $350,000 last year to $362,000 this year.
But while prices rose moderately, the average size rose dramatically, some 21%, from approximately 1,548 square feet on average to 1,869 square feet on average.
One of the things I don’t really track here is how much land people are getting with these such-and-such “average square feet” homes. It’s not that it’s not an interesting question, it’s just that the MLS doesn’t provide aggregate statistical info for acreage. I suspect people are getting bigger yards in many cases as well as bigger homes.
Meantime, in other indicators, Amador County’s market continues to show signs of stress. Inventory is higher than in any local market we study, at 16.04 months — that’s also up almost one month past last month’s figure of 15.3 months
Posted in Amador County, Real Estate Market | Add a Comment »
Posted by John Lockwood on 4th July 2007
Here’s a quiz for you:
What happens to El Dorado County real estate prices when prices everywhere around them are falling?
A) They fall.
B) The rise.
C) They stay the same.
D) They stay about the same — people just buy bigger houses.
I’ll give you a hint. The answer is D.
(That’s a really good hint, isn’t it?)
In June, 161 lucky buyers got to be like me and live in El Dorado County, and they paid about $543,043, on average, for the privilege. A year ago, there were 225 buyers, but they paid not much more — $547,701 on average. So from last year to this year, the average sale price changed only .9%. Similarly, the median sale price only changed 1%, from $515,000 last June to $510,000 this June.
At the same time, however, the average home size increased 7.1%, from 2168 square feet to 2322 square feet. As a result, the sold price per square foot dropped 7.4% over this period.
In El Dorado County, the game is not, “How low can I go”, the game is “Here’s my half million — what can I get for it?”
Inventory in El Dorado County is fairly high at twelve months.
Posted in El Dorado County, Real Estate Market | 1 Comment »
