What to know about 2024 to make real estate decisions for 2025

The 2024 real estate market in El Dorado Hills showcased resilience and stability, offering plenty of opportunities for buyers, sellers, and investors. While some metrics revealed a shift from past highs, others highlighted new potential for growth in 2025. Here’s a breakdown of the market trends and a look at how the Yoffie Real Estate Group continues to deliver results for our clients.

1. Homes for Sale: Inventory on the Rise

• 2024: 1,723 homes were available, marking an increase from 1,359 in 2023 but still below the peak of 2,250 in 2019.
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• Opportunity: With more homes on the market, buyers have greater choices, while sellers benefit from informed pricing strategies to stand out. At Yoffie Real Estate Group, we specialize in crafting strategic marketing plans that help our clients rise above the competition.

2. Homes Sold: Steady Demand

• 2024: 563 homes sold, slightly more than 559 in 2023, though below the 2020 high of 992.
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• Opportunity: The slight rebound signals buyer confidence returning. The Yoffie Real Estate Group assisted 34 families with buying and selling homes in 2024, demonstrating our expertise in navigating this competitive market and ensuring smooth, successful transactions.

3. Absorption Rate: Balanced and Predictable

• 2024: The absorption rate averaged 37, signaling a stable pace of sales similar to 2019 and improved from 2023’s 42.
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• Opportunity: Balanced conditions are ideal for both buyers and sellers. With years of local expertise, the Yoffie Real Estate Group knows how to negotiate win-win deals in this kind of market.

4. Days on Market: Staying Competitive

• 2024: Homes averaged 45 days on the market, comparable to 43 in 2023 and far better than 54 days in 2019.
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• Opportunity: Selling faster means strategy is key. Our team at Yoffie Real Estate Group has mastered the art of pricing, staging, and marketing to attract the right buyers and get homes sold quickly.

5. Price Trends: Record-High Values

• Average Price Per Foot:

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  • 2024: $373, a new high, up from $367 in 2023 and $255 in 2019.
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• Average Sales Price:

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  • 2024: $1.106M, the highest on record, up from $1.086M in 2023 and $764K in 2019.
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• Median Sales Price:

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  • 2024: $935K, holding strong at 2022’s peak.
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• Opportunity: Rising prices reinforce El Dorado Hills as a top-tier investment market. The Yoffie Real Estate Group helps clients maximize their homes' value by identifying the best market opportunities and tailoring strategies to each client’s goals.

6. Luxury Market: Continued Strength

• 2024: 85 homes sold over $1.5M, an increase from 78 in 2023 and further proof of the area’s appeal to high-end buyers.
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• Opportunity: The luxury market remains robust, and with our experience in representing luxury properties, the Yoffie Real Estate Group is your go-to partner for selling or buying in this exclusive segment.

The Yoffie Real Estate Group Difference in 2024

This past year, the Yoffie Real Estate Group had the privilege of assisting 34 families with their real estate needs, from first-time buyers to seasoned investors. Each transaction was handled with the utmost care, attention to detail, and expertise that have become the hallmark of our team. Whether navigating complex negotiations or finding that perfect dream home, we’re proud to deliver exceptional results time and time again.

Looking Ahead to 2025

As we move into 2025, the El Dorado Hills real estate market is poised for continued opportunity:

1. For Buyers: A growing inventory and steady prices create the perfect environment for finding the right home.
2. For Sellers: Record-high price trends mean it’s still a great time to sell—especially with the support of a trusted team like Yoffie Real Estate Group.
3. For Investors: El Dorado Hills continues to deliver strong returns, especially in the high-demand luxury segment.

Whether you’re buying, selling, or investing, the Yoffie Real Estate Group is here to guide you every step of the way.

Let’s make 2025 the year we achieve your real estate goals together!

Reach out today to get started.