Elite Properties, El Dorado County

El Dorado County Food Bank Hunger Walk

Posted by John Lockwood on 21st October 2007

Last year Bridget and I sponsored a Blogathon for Hunger, which, interestingly enough, raised no money online even though it was a blogathon, and raised a little bit of money offline.

This year I’m returning to the scene of the accident to see how much money I can can raise for this year’s Hunger Walk, sponsored by the El Dorado County Food Bank.

I was feeling pretty badly about the donations a couple of hours ago.

What a difference a couple of hours make.

Last year online we raised $0. This year thanks to the generous donation of New York Realtor, Laurie Mindnich (blog) — not only did we raise more than zero dollars, we reached our goal of raising $200 for the El Dorado County Food Bank.

But we don’t have to stop there. Let’s see if that donation form still works if we go past our goal.

Remember, the El Dorado County food bank contributes $9.00 of food for every dollar in cash donations they receive.

Thank you, Laurie Mindnich, and congratulations on your achievement award!

Huge Price Reduction in Placerville - Open House Wednesday October 10th, 9AM to Noon

Posted by John Lockwood on 8th October 2007

We’ve recently had a price reduction of over $40,000 on this beautiful Placerville home on almost four acres. This home features many upgrades including laminate floors and newer appliances. The low maintenance front yard awaits your finishing touches, while the pool and the deck out back are already a paradise among the pines.

This home will be open this Wednesday, 9AM to Noon, for the Placerville Realtor® tour, but all are welcome to stop by and check it out as well.

Beautiful Home Among Stately Pines — Price Reduced

Location: Pleasant Valley

This is a beautiful home on picturesque acreage. Plenty of room for a growing family or for vacation home with 1950 square feet and four bedrooms. Back yard features pool, a seasonal creek, and a large deck, with low maintenance landscaping and the smell of pines. Open floor plan with bright and lovely kitchen and a pantry. Plenty of parking and room for a boat or RV, etc. Large master bedroom with walk-in closet. Minutes from downtown and highway 50. Must see inside to appreciate.

Information

Contact Information

John Lockwood

(530) 672-9160

Contact Reply Form

Forward to a Friend

View Other Flyers

Pricing

Asking Price: $389,000.00

Property Location

3400 Fort Jim Road
Placerville, CA 95667
View Map

Links

View Details

Features

Bedrooms: 4

Bathrooms: 2

Parking: Ample

Year Built: 1999

Lot Size: 3.856

Garage Size: None

School District: Placerville Union

Square Footage: 1950

Agent Name: John Lockwood

Broker: Elite Properties

MLS #: 70087796

Attributes

Appliances

Range/Oven

Dishwasher

Sink Disposal

Satellite

Interior Amenities

Kitchen Island

Wood Stove

Pantry

Exterior Amenities

Swimming Pool

Secluded setting

Large Front and Rear Decks

Low Maintenance Landscaping

Photo Gallery

View as Slideshow View Photo Gallery (11 Photos)

Powered by vFlyer.com

Equal Housing Opportunity

VFLYER ID: 1243384

El Dorado County Real Estate - Market Update

Posted by John Lockwood on 2nd October 2007

What the heck happened in September?

Will someone tell me what happened to unit volume in September? In El Dorado County it was down 25.3% from last year, while in Sacramento County it was down 43%.

I don’t know about you, but for me, selling fewer houses is bad for business.

OK, ok, on to the El Dorado County numbers:

The average home sold for $494,933 in September, down 11.3% from last year’s average of $557,866. The median price dropped 10.2%, from $484,250 last year to $435,000 this year. As if reading its mind, the sold price per square foot also dropped 10.2%, from $250.61 last year to $225.07 this year.

As we mentioned already, unit volume dropped 25.7% — the actual numbers involved are 144 units last September, and 107 units this September. On the plus side, there are 157 units pending, so it’s looking like in October / things may pick up.

Average days on market remained constant at 76 days in September of 2006 and September 2007.

Bank owned foreclosures (REOs) accounted for less than one percent of the units sold in September 2006 (one unit out of 144). This September, of 107 units sold, eleven were REOs (10.3%). Of currently active properties, 5.8% are Real Estate Owned.

Placerville Open House on Sunday

Posted by John Lockwood on 21st September 2007

Vicki Agregado-Babcock and I will be holding our 3400 Fort Jim Road, Placerville (map) open on Sunday, September 23, from 1PM to 4PM. This is a really beautiful 4 bedroom home with a pool on almost four quite, pine-studded acres.

Please join us and check out this immaculate home. Double click on the video below to preview it.

Note: visit our open house and receive a free list of other homes being held open in Western El Dorado County this Sunday.

El Dorado County Real Estate Market

Posted by John Lockwood on 20th September 2007

Prices fell in El Dorado County in August from the year earlier, with moderately falling unit volume. This year’s average home sold for $520,956, a nine per cent drop from last year’s average of $572,647. This year’s home being slightly bigger than last year’s the sold price per square foot dropped somewhat more dramatically, 11.5%, from $255.87 last August to $226.40 this August. The median price fell 14.8%, from $502,000 to $427,500.

This year we saw our first significant foreclosure activity in El Dorado County in some time. There were no foreclosures among the 176 units that closed escrow recorded in the MLS for August of 2006. A year later, nineteen of the 164 units (11.6%) that sold were bank-owned properties. Of the 1797 properties currently active in El Dorado County, 96 (5.3%) are bank owned.

Over the last twelve months, an average of 155 units sold every month, so the 1797 active units we have now represents 11.6 months of inventory.

Beautiful Four Bedroom Home on Acreage

Posted by John Lockwood on 30th August 2007

Vicki Agregado-Babcock and I just listed this gorgeous home on almost four acres in the Pleasant Valley area. If you’re in the market for a home that’s in a great location and is immaculately maintained, check this one out.

Beautiful Home Among Peaceful Pines

Location: Pleasant Valley

This beautiful manufactured home on peaceful acreage shows better than many “stick built” homes we’ve seen. Plenty of room for a growing family or for vacation home with 1950 square feet and four bedrooms. Back yard features pool, a seasonal creek, and a large deck, with low maintenance landscaping and the smell of pines. Open floor plan with bright and lovely kitchen and a pantry. Large master bedroom with walk-in closet. Minutes from downtown and highway 50. Don’t miss this one!

Information

Contact Information

John Lockwood

(530) 672-9160

Contact Reply Form

Forward to a Friend

View Other Flyers

Pricing

Asking Price: $430,000.00

Property Location

3400 Fort Jim Road
Placerville, CA 95667
View Map

Features

Bedrooms: 4

Bathrooms: 2

Parking: Ample

Year Built: 1999

Lot Size: 3.856

Garage Size: None

School District: Placerville Union

Square Footage: 1950

Agent Name: John Lockwood

Broker: Elite Properties

MLS #: 70087796

Attributes

Appliances

Range/Oven

Dishwasher

Sink Disposal

Satellite

Interior Amenities

Kitchen Island

Wood Stove

Pantry

Exterior Amenities

Swimming Pool

Secluded setting

Large Front and Rear Decks

Low Maintenance Landscaping

Photo Gallery

View as Slideshow View Photo Gallery (13 Photos)

Powered by vFlyer.com

Equal Housing Opportunity

VFLYER ID: 1243384

El Dorado County Real Estate Market

Posted by John Lockwood on 10th August 2007

In July, the average home in El Dorado County sold for $541,094, down 6.4% from last July’s average of $578,118. As we’ve seen elsewhere, buyers have continued to opt for larger homes, so this year’s average home in El Dorado County was 2,289 square feet, up modestly from last year’s average of 2,224 square feet. As a result, sold price per square foot showed a more dramatic drop from year to year. This year the average was 236.39, down 9.1% from last year’s average of $259.95.

At the same time, the median price of a home this year dropped only modestly. This July’s median home sale price was $490,000, compared to $499,475 last year, a 1.9% drop.

The expired to sold ratio for July was 91.7%, compared to last year’s value of 68.2%.

Inventory is just over 12 months worth. Unit sales in July (157) were pretty close to the average for the last year (155), however, they’re down 10.8% from last July’s total of 176 units.

At The Signpost, Up Ahead, Your Next Stop . . . El Dorado County

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.

Boondock Trail Leads the Way on Point2NLS

Posted by John Lockwood on 19th June 2007

We started listing some of our sellers’ homes on Poin2NLS, an interesting shared listing platform allowing us to list our homes on other agents’ web sites.

We started this off with Bridget’s gorgeous Boondock Trail listing (see the flier we recently posted).

The Point2NLS version of the listing appears here.