Wednesday, May 6, 2009

HOUSING MARKET AND COMMERCIAL DEVELOPMENT

The market stock is currently running from 80 to 250 days on the market, with a few recently listed within the last 60 days. The cost per square foot on sale homes ranges between $150 and $250. There are currently 16 homes available on the market.

The median household income, as of 2007, in El Dorado County, is $64,256.

The dominant architectural style is a single story ranch home, although there are a few A-frame cabins. There are also a few older homes in the area that are farmhouse style.

Due to the rural nature of the subdivisions and community, there are few commercial developments, other than several small home-based businesses. At this point, there is no future commercial development planned within a 5-8 mile radius.

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