El Dorado Hills Real Estate Market Report
Nestled in the foothills of the Sierra Nevada mountains, El Dorado Hills combines upscale living with stunning natural beauty. This comprehensive market report analyzes current trends, neighborhood performance, and future projections to guide your real estate decisions in this sought-after Sacramento suburb.
Home Prices and Sales Trends
$897K
Median Home Price
Up 8.3% year-over-year
$305
Price Per Sq Ft
Premium over Sacramento County
23%
Homes Selling Above List
Competitive buyer demand
102
Monthly Transactions
Slight decrease from 2022
El Dorado Hills continues to command premium prices in the Sacramento region, with luxury properties showing particularly strong appreciation. While transaction volume has moderated from pandemic highs, prices remain resilient due to the area's desirability and limited inventory.
Inventory and Days on Market
Available inventory in El Dorado Hills has been gradually increasing since January, reaching a 6-month high in June. Simultaneously, days on market have decreased, indicating stronger buyer activity during the spring and early summer months. This seasonal pattern is typical but more pronounced in 2023.
Neighborhood Breakdown
Serrano
Median: $1.2M | DOM: 19
El Dorado Hills' premier gated golf community continues to command top dollar. Homes here sell 15% faster than the regional average with premium amenities driving demand.
The Summit
Median: $1.6M | DOM: 28
Exclusive neighborhood featuring custom estates on large lots with panoramic views. Limited inventory keeps prices stable despite longer selling periods.
Highland View
Median: $825K | DOM: 14
Family-friendly area with excellent schools and newer construction. High demand from Bay Area transplants seeking value has created competitive bidding conditions.
Buyer and Seller Markets
1
Entry-Level ($600K-800K)
Strong seller's market with multiple offers common. Inventory at 1.3 months of supply. Most competitive segment with many first-time buyers competing.
2
Mid-Range ($800K-1.2M)
Balanced market conditions with 2.1 months of supply. Properly priced homes sell within 30 days. Buyers have more negotiating power than in lower brackets.
3
Luxury ($1.2M+)
Buyer's market with 4.5 months of supply. Extended marketing periods typical. Significant price adjustments increasingly common for properties above $2M.
El Dorado Hills presents distinct market conditions across different price points. While affordably priced homes continue to sell quickly with minimal negotiation, the mid and upper segments have shifted toward more balanced conditions.
Luxury Home Market

$2M+ Segment
38 active listings | 9.2% of market

115 DOM Average
218% higher than market average

7.2% Price Growth
Outperforming regional luxury markets

Buyer Demographics
65% from Bay Area/tech sector
The luxury segment in El Dorado Hills continues to attract affluent buyers from coastal California markets seeking more space and value. While selling periods are extended, properties with exceptional views, modern finishes, and smart home technology command premium prices and sell more quickly.
New Construction and Development
Current Projects
5 active developments with 247 homes under construction. Primarily focused in the northern and eastern growth corridors.
Price Points
New construction homes starting at $750K with premium communities averaging $1.3M. Builder incentives becoming more common.
Completion Timeline
Most current projects slated for completion by Q2 2024. Supply chain issues have extended some timelines by 3-6 months.
Future Approvals
Three major developments with 650+ units pending final approval. Focus on mixed residential with integrated commercial spaces.
Economic Factors and Future Outlook

Strong Long-Term Growth
5-7% annual appreciation projected
Employment Opportunities
Tech corridor expansion & remote work
Limited Development Space
Geographic constraints on new building
Infrastructure Improvements
Highway 50 expansion & fiber network
El Dorado Hills remains positioned for sustained growth due to its strategic location, excellent schools, and high quality of life. While interest rate fluctuations may create short-term market adjustments, the fundamental drivers of demand remain strong, particularly as remote work continues to reshape living preferences.