SERVING EL DORADO COUNTY
DRE#02092813
New home price reductions outpace existing homes
Realtor.com
News release
Nearly one in five new homes saw price cuts in late 2025, overtaking the resale market for the first time in recent history, according to Realtor. com Quarterly New Construction Insights. In the same quarter, the share of existing homes with cuts was 18.3%, signaling a shift in how builders and existing-sellers are competing for homebuyers.
Price reductions in the existing-home market are generally concentrated in the South and West, and the data reveal that new construction homes also follow this geographic pattern, with some exceptions. Although they are in the Midwest and Northeast, Indiana, Minnesota and New Jersey have more price reductions on newly-built homes than the national level.
“New construction has been one of the steadiest parts of the housing market over the past few years, but builders are clearly responding to today’s affordability pressures and higher-levels of existing-home inventory,” said Danielle Hale, chief economist at Realtor.com.
“Nearly one in five new homes cut prices, more than in the resale market for the first time in recent history. This is not just a reflection of regional divergence and where new homes are built; we are seeing builders compete more directly
on price to keep sales moving, even as overall new-home prices remain relatively stable.”
There are seven states, Nevada, Indiana, South Carolina, Minnesota, North Carolina, New Jersey and Texas, where the rate of price reductions is higher than the national level (18.3%). In these states, there are more price reductions among new construction listings than existing listings, though most of them have relatively high levels of existing home price reductions as well. Four of them are in the South or West, where new construction activity is highest and general home inventory is elevated, but the other three (Indiana, Minnesota, and New Jersey) truly stand out. Four of these are situated in the South or West, regions characterized by high levels of new construction and elevated inventory. Indiana, Minnesota and New Jersey represent the three notable exceptions.
In the fourth quarter of 2025, the median listing price for a newly built home was $451,128, up just 0.3% from a year earlier, while resale home prices were essentially flat. But those topline numbers mask a widening divergence by property type. Newly built condos and townhomes carried a substantially higher premium (30.7%) over existing attached homes, while newly built single-family homes were priced just 10.7% above
existing single-family homes—a gap that has been shrinking.
Condos carry price premium
This report also explored newly built condos compared to newly built single family homes and found newly built condos and townhomes cost more than newly built single-family homes nationwide. This finding is due largely to geography and where new condos are being built.
Newly built attached homes are concentrated in high-cost urban markets, while new single-family construction is expanding in more affordable metros, particularly across the South and West. Nearly 10% of all new condos for sale nationwide are located in the New York and Miami metropolitan areas, where median prices exceed $1 million. Meanwhile, new single-family construction
Images
is dominated by markets such as Houston, DallasFort Worth, San Antonio, Atlanta and Phoenix, where prices are closer to the national median and supply is more plentiful.
“What we’re seeing is a market where single-family new construction is filling an affordability gap
that resale homes increasingly can’t,” said Joel Berner, senior economist, Realtor.com. “Condos are still playing an important role in certain markets, but they’re skewing more luxury, while detached homes are doing more of the work when it comes to expanding supply.”
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All real estate advertising in this newspaper is subject to the federal Fair Housing Act which makes it illegal to advertise “any preference, limitation or discrimination based on race, color, religion, sex, physical handicap, familial status or national origin, or an intention to make any such preferences, limitation or discrimination.” California also extends protection based on age and marital status. The Mountain Democrat makes every effort to comply with these federal and state regulations. We ask your assistance in maintaining an acceptable standard of advertising. While they may seem inconvenient at times, these laws are written to protect you, our readers and advertisers, as well as ourselves. This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this paper are available on an equal opportunity basis. For further information, you can call the Dept. of Fair Employment & Housing at (916) 445-9918 or the State Dept. of Consumer Affairs at (800) 344-9940.Note: Rental ads that contain the phrase “Single Occupancy” refer only to the physical characteristics of the
and are not intended to state a preference of
or
Existing-home sales slip in January
The largest Real Estate publication in the El Dorado County market.
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National Association of Realtors News release
WASHINGTON, D.C.
— Existing-home sales decreased by 8.4% in January, according to the National Association of Realtors Existing-Home Sales Report. The report provides the real estate ecosystem — including agents, homebuyers and sellers — with data on the level of home sales, price, and inventory.
Month-over-month and year-over-year sales fell in all regions.
“The decrease in sales is disappointing. The below-normal temperatures and above-normal precipitation this January make it harder than usual to assess the underlying driver of the decrease and determine if this month’s
numbers are an aberration,” said NAR Chief Economist Dr. Lawrence Yun. “Affordability conditions are improving, with NAR’s Housing Affordability Index showing that housing is the most affordable it’s been since March 2022. This is due to wage gains outpacing home price growth and mortgage rates being lower than a year ago. However, supply has not kept pace and remains quite low.
“Due to low supply, the median home price reached a new high for the month of January,” Yun added. “Homeowners are in a financially comfortable position as a result. Since January 2020, a typical homeowner would have accumulated $130,500 in housing wealth.”
Affordability improved for the seventh consecutive month, according to NAR’s Housing Affordability Index — increasing to 116.5 in January from 111.6 in December and 102 a year ago.
National snapshot
Total existing-home sales for January
• 8.4% decrease in existing-home sales month over month to a seasonally adjusted annual rate of 3.91 million.
• 4.4% decrease in sales year over year.
Inventory in January
• 1.22 million units: Total housing inventory, down 0.8% from December and up 3.4% from January 2025 (1.18 million).
• 3.7-month supply of unsold inventory, up from 3.5 months in December and one year ago.
Median sales price in January
• $396,800: Median existing-home price3 for all housing types, up 0.9% from one year ago ($393,400) — the 31st consecutive month of year-over-year price increases.
Housing affordability in January
• The Housing Affordability Index rose to 116.5 in January, up from 111.6 in December 2025 (and 102.0 a year ago).
• Affordability improved across all regions.
• Northeast +9%
• Midwest +12.2 %
• South +15.2%
• West +17.1%
Single-family homes
• 9% decrease in sales month over month to a seasonally adjusted annual rate of 3.53 million, down 4.3% from January 2025.
• $400,300: Median home price, up 0.6% from last year.
Condominiums and co-ops
• 2.6% decrease in sales month over month to a seasonally adjusted annual rate of 380,000, down 5.0% from last year.
• $364,600: Median price, up 3.8% from January 2025.
Regional Snapshot
Northeast
• 5.9% decrease in sales month over month to an annual rate of 480,000, down 4% year over year.
• $505,400: Median price, up 5.8% from January 2025.
Midwest
• 7.1% decrease in sales month over month to an annual rate of 920,000, down 7.1% year over year.
• $295,400: Median price, up 2.3% from January 2025.
South
• 9% decrease in sales
month over month to an annual rate of 1.81 million, down 1.6% year over year.
• $351,200: Median price, up 0.1% from January 2025.
West
• 10.3% decrease in sales month over month for an annual rate of 700,000, down 7.9% year over year.
• $600,400: Median price, down 1.4% from January 2025.
Realtors Confidence Index for
January
• 46 days: Median time on market for properties, up from 39 days last month and 41 days in January 2025.
• 31% of sales were first-time homebuyers, up from 29% in December and
28% one year ago.
• 27% of transactions were cash sales, down from 28% a month ago and 29% in January 2025.
• 16% of transactions were individual investors or second-home buyers, down from 18% last month and 17% one year ago.
• 2% of sales were distressed sales 4 (foreclosures and short sales), unchanged from December and down from 3% in January 2025.
Mortgage rates
• 6.1%: The average 30-year fixedrate mortgage in January, according to Freddie Mac, down from 6.19% in December and 6.96% one year ago.
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$1,375,000 701 Stanfel Pl
$1,380,000 1014 Via Treviso 5 5 (4 1) 3788 0.52 225028656
$1,398,000 3063
Residential Homes 12601 RESIDENTIAL HOMES
GREATER CAMERON PARK
PRICE STREET ADDRESS BD. BA. SF ACRES LISTING #
$260,000 3953 Arthur Ct #14 2 2 (1 1) 1008 0.02 226005825
$305,000 2515 Merrychase Dr #K 2 2 (1 1) 1044 0.01 226008289
$309,900 2515 Merrychase Dr #F 2 2 (1 1) 1044 0.01 226015211
$387,500 3264 Heights Dr 2 3 (2 1) 1506 0.04 226004498
$399,000 3276 Topaz Ln 3 2 (2 0) 1696 0.08 226009726
$399,999 2725 Yuma Ct 3 2 (2 0) 1284 0.78 226010296
$410,000 3144 Quad Ln #F 3 3 (2 1) 1440 0.03 226002443
$425,000 3276 Heights Dr #A 3 3 (2 1) 1639 0.03 226009273
$475,000 2537 Chesapeake Bay Cir 3 3 (2 1) 1358 0.06 225070863
$479,900 2401 Cold Harbor Way 3 3 (2 1) 1358 0.07 225079128
$519,999 3002 Tri Ln 3 3 (2 1) 1542 0.08 226002508
$525,000 3770 Dita Ct 3 3 (2 1) 1902 0.06 226012743
$550,000 2960 Pasada Rd 3 3 (2 1) 1882 0.3 225140034
$575,000 2435 Sandpiper Way 4 3 (2 1) 2096 0.25 225149100
$575,000 2805 Alhambra Dr 5 3 (3 0) 1858 0.33 225126176
$599,000 3831 Sheridan Rd 3 2 (2 0) 1500 0.32 225082214
$625,000 3571 Sudbury Rd 6 5 (4 1) 3054 0.31 226000067
$625,000 3980 Rustic Rd 3 2 (2 0) 1644 0.37 225105626
$649,900 3463 Orinda Cir 3 2 (2 0) 1711 0.34 226009461
$650,000 2886 Knollwood Dr 3 4 (2 2) 1930 0.35 226012285
$700,000 4734 Castana Dr 5 3 (3 0) 2504 0.26 225139463
$729,000 2797 Alhambra Dr 3 3 (2 1) 2360 0.28 225099853
$739,500 2836 Clemson Dr 5 4 (3 1) 2677 0.26 226012572
$749,000 4683 Abrijo Rd 4 3 (3 0) 2195 0.23 226008056
$749,000 3400 Oxford Ct 3 2 (2 0) 2080 0.31 225107181
$750,000 4883 Can eld Cir 5 3 (2 1) 2692 0.18 226013210
$810,299 7967 Stone Ranch Dr 4 2 (2 0) 2321 0.267 225143486
$871,814 7850 Stone Ranch Dr 4 2 (2 0) 2321 0.23 225138155
$899,000 3257 Chasen Dr 5 3 (3 0) 3521 0.38 225147066
$908,906 7878 Stone Ranch Dr 4 2 (2 0) 2515 0.222 225139619
$980,000 3300 Woodleigh Ln 4 3 (2 1) 2690 0.55 225153945
$1,049,000 3184 Chasen Dr 5 4 (4 0) 4319 0.37 226007586
$1,054,900 3810 Bilbao Ct 5 4 (4 0) 3173 0.26 225119102
$1,090,000 3788 Hillsborough Rd 4 3 (3 0) 3274 0.41 225153701 SHINGLE SPRINGS
$250,000 3104 Cambridge Rd #4C 2 2 (2 0) 1005 0.02 225142660
$299,000 3033 Estepa Dr #7A 2 2 (2 0) 1005 0.02 226007237
$699,000 3301 Meder Rd 3 2 (2 0) 1906 8.36 225117204
Residential Homes
12602 RESIDENTIAL HOMES
EL DORADO HILLS
6509 Primavera Ln
8798
825
$649,000 2480 Starmount Way
$689,000 4004 Prairie Falcon Dr
$689,000 9067 Pomeroy Ln 2 3 (2 1) 1712 0.11 226001803
$699,500 7358 Grassy Creek Way
$714,950 4975 Del Mar Dr
$719,900 8536 Avelin Pl 2 3 (2 1) 1712 0.11 225153484
$725,950 4977 Del Mar Dr 3 3 (2 1) 1642 0.14 226001419
$739,000 4537 Monte Mar Dr 2 3 (2 1) 2329 0.19 226005741
$745,000 9010 Fallsmont Dr
$750,000 699 Montridge Way
$769,000 2007 Santa Rita Ln
226013080
$769,950 4987 Del Mar Dr 3 3 (3 0) 1784 0.14 226001425
$799,000 9021 Fallsmont Dr 2 2 (2 0) 2229 0.14 226015361
$799,000 912 Yosemite Ln 4 3 (2 1) 2013 0.29 225147764
$819,900 2158 Beckett Dr 3 3 (2 1) 2457 0.18 225139534
$825,000 649 Platt Cir 5 3 (3 0) 2628 0.35 226007792
$830,000 7137 Cinnamon Teal Way 3 3 (2 1) 2434 0.2 225109655
$845,000 6013 Ventura Way 4 3 (2 1) 2456 0.13 226008952
$845,000 1247 Senegal Way 4 3 (3 0) 2370 0.1 225139695
$849,000 4897 Danbury Cir 3 3 (3 0) 2665 0.27 226003684
$850,000 3182 Birmingham Way 4 3 (3 0) 2859 0.27 226001790
$859,000 3539 Ridgeview Dr 5 3 (3 0) 2604 0.28 225149571
$859,000 8039 Murcia Way 5 3 (3 0) 2936 0.19 225081586
$875,000 2322 Carlisle Ct 4 3 (3 0) 2786 0.26 226005120
$875,000 2631 Wagner Pl
$875,000 3660 Waldwick Circle
$879,000 377 Platt Circle 4 3 (2 1) 2393 0.55 226005892
$879,000 1580 Daunting Dr 4 3 (3 0) 2285 0.15 226000055
$889,900 2616 Wagner Pl 4 4 (3 1) 3085 0.2 226004932
$890,000 1084 Bevinger Dr 4 3 (2 1) 2659 0.23 226004815
$900,000 3184 Montrose Way 5 3 (3 0) 3198 0.21 225153717
$900,000 5188 Garlenda Dr 5 3
$1,699,000
$1,750,000
$1,795,000
$1,890,000
$2,199,000
$2,199,000
$2,199,000
$2,290,000
$2,299,000 5520 Sur
Dr 5 5 (4 1) 4762 0.45 225102911
$2,388,000 4185 Greenview Dr 5 5 (4 1) 5250 0.61 226006268
$2,449,000 4930 Greyson Crk 5 5 (4 1) 4634 0.6 225147323
$2,499,000 2001 Salmon Valley Ln 5 5 (4 1) 4179 8.16 226011401
$2,950,000 3268 Bordeaux Dr 5 6 (5 1) 5084 0.52 226008543
$2,950,000 3215 Bordeaux Dr 4 4 (3 1) 4433 0.46 226001711
$3,100,000 4805 Moreau Ct 5 6 (5 1) 7144 0.73 226011087
$3,149,900 4934 Breese Cir 5 6 (5 1) 4669 0.71 226008182
$3,199,000 4245 Raphael Dr 4 6 (4 2) 4406 0.54 226003771
$3,250,000 721 Shoreline Pointe 5 5 (5 0) 7381 1 225096863
$3,299,000 4160 Raphael Dr 5 7 (6 1) 5379 0.52 225129104
$3,499,000 325 Kimberlite Way 4 5 (5 0) 4717 0.52 226007176
$3,500,000 4150 Raphael Dr 4 5 (4 1) 4602 0.53 225114344
$3,500,000 4000 Errante Dr 4 6 (5 1) 6245 0.58 225101925
$3,795,000 4838 Moreau Ct 5 6 (5 1) 7319 0.76 225139670
$3,850,000
$3,900,000 4573 Greenview Dr 4 6 (4 2) 4523 0.52 226011688
$3,900,000 4141 Greenview Dr 5 7 (5 2) 7365 0.51 225111741
$3,950,000 101 Powers 7 8 (6 2) 9421 0.77 226011063
$3,995,000 1000 Aqua Haven Ct 4 6 (4 2) 6400 5.01
Residential Homes
12605 Residential Homes
South
$725,000 2468 Oakvale Dr. 4 2 (2 0) 2147 4.11 225153660
$739,000 3680 Reflection Rd 4 4 (3 1) 2296 5 226012425 $749,500 2580 Golden Fawn Trl 3 3 (2 1) 2277 2.44 226008292
$749,900 4760 Holly Dr 4 3 (3 0) 2000 5 226008235
$750,000 3510 El Grande Ct 3 2 (2 0) 1732 1 226012313
$769,000 4460 Fawn St 4 3 (3 0) 2344 3.43 226012223
$795,000 3710 Lakeview Dr 3 2 (2 0) 1340 4.18 225142144
$825,000 5200 Deerwood Dr 3 2 (2 0) 2257 3.86 225144874
$850,000 3820 Cattle Dr 3 2 (2 0) 1721 5 226006331
$875,000 3515 Linda Vista Dr 2 2 (2 0) 1144 1.01 225144081
$1,100,000 4292 Vega Loop 5 4 (3 1) 3408 1 226012495
Residential Homes
12701 Residential Homes
$240,000
Home Source Serving El Dorado County
5045 Free Fox Ln 3 2 (2 0) 1392 4.71 226003976
$679,000 3861 High View Dr 3 2 (2 0) 1800 40 226008730
$725,000 2870 Sand Ridge Rd 3 3 (3 0) 2012 10 225142263
$850,000 3281 Yearling Trl 5 3 (2 1) 2251 10 225149949
$925,000 5383 Dream Ranch Cir 2 2 (2 0) 1560 30 225139881 SOMERSET
$122,900 5664 Siesta Ln 2 1 (1 0) 641 0.27 225149981
Residential Homes
12801 Residential Homes Camino, Cedar Grove
Residential Homes
12802 Residential Homes PolloCk Pines
$389,000 5841
3105
12704 • Somerset, Mt. Aukum, South County (Cont)
Mosquito, Swansboro (Cont)
