Welcome to Eldorado!

Eldorado, in Santa Fe, New Mexico, is home to some of the most sought-after real estate properties in the county. My name is Lisa Smith and I am a resident and a realtor in this community. I specialize in Eldorado homes for purchase. It is truly a unique community which offers something for everyone: hiking trails, biking, swimming, tennis, basketball, stables, soccer fields, dog park, children’s parks, a 4,000 acre nature preserve and more.

It’s just 20 minutes to the heart of Santa Fe and the art, culture and history our beautiful city offers as well as excellent year-round climate, gorgeous views, clean air and a variety of recreational activities.

There are 2,600 homes on 8,000 acres with about 6,000 residents. Singles, families, artists, couples, sports enthusiasts, writers, historians—you won’t meet a boring person, believe me! Residents have moved here to enjoy the peaceful atmosphere of Santa Fe or just enjoy the beauty of Eldorado.

The homes are primarily pueblo style with a few Northern New Mexico (pitched metal roof) style mixed in.

Eldorado’s Agora shopping center has restaurants, shops and mail services as well as a beautiful landscaped courtyard. Meet your neighbors on the patio at Copa de Oro.

Dues are an extremely low $300 a year and the county maintains the roads. Eldorado also has the top ranked Volunteer Fire Department in the state. Click on covenants for an explanation of the sensible rules and regulations. There are lots of photos to enjoy too.

I would not live anywhere else! Please let me know if you have any questions regarding this wonderful community or the real estate properties available in Eldorado. I would be happy to introduce you to your future home.

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Simply put, Lisa Smith managing the sale of my house was a gift that I will cherish the rest of my life.  Lisa is a woman of few words, and all action and results. She sold my house in one day. She managed every aspect of the escrow superlatively, informing me of actions needed, and always provided outstanding direction, with the most frequent comment being that she had already taken care of it.  It was the perfect escrow. We even closed a week early.  Lisa is one of the smartest, most capable and caring people I have ever encountered. I made a decision early on to just trust her 100%:  to follow her direction and advice without question. It was one of the best decisions I ever made.  She exceeded my highest expectations on a daily basis. There are not words to adequately praise Lisa Smith. And probably equally as valuable as her brilliant execution, Lisa has a heart of gold. My needs were truly No. 1.  It simply doesn’t get any better than Lisa Smith.
Robin Hale, Calabasas, CA

March – August 2016 Eldorado Real Estate Report

March – August 2016 Eldorado Real Estate Report

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the monthly Eldorado Real Estate Report covering the last six months from March to August 2016. Inventory is on low side. Eldorado should stay busy until just after Thanksgiving.

In August:

44 Active Eldorado Properties 

21 Homes Under Contract

15 Sold

– $190 was the average price per square foot in August – the highest of the year thus far. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This average has ranged from $151 – $190 in the last six months. Some properties are as low as $125 and as high as $250.

103 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 97% is the sales price vs. listing price for August. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 424K was the average listing price in August. The average sales price was 409K.

– 2.9 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.

Number of Homes For Sale vs. Sold vs. Pended (Mar. 2016 – Aug. 2016)
Average Price per SQFT (Sold) (Mar. 2016 – Aug. 2016)
Avg Days On Market & Sold/List Price % (Mar. 2016 – Aug. 2016)
Average Price of For Sale and Sold (Mar. 2016 – Aug. 2016)
Months of Inventory Based on Closed Sales (Mar. 2016 – Aug. 2016)

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Eldorado Real Estate Report – Feb. – July 2016

Eldorado Real Estate Report – Feb. – July 2016

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the monthly Eldorado Real Estate Report covering the last six months from February 2015 to July 2016. Inventory is steady with a few multiple offers in nearly all price ranges. If you are planning to purchase in Eldorado this year and will be getting a loan, it is best to visit with a lender to get the process started before viewing property. The loan process is still lengthy and buyers will need to present a pre-approval letter with an offer. You want to be ready when you find your Eldorado dream home.

If you are planning to put your home on the market, preparation is everything. With increased competition, one’s property must be in the best and most presentable condition possible. It is worth it.

In July:

51 Active Eldorado Properties 

19 Homes Under Contract

10 Sold

– $178 was the average price per square foot in July. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This average has ranged from $151 – $186 in the last six months. Some properties are as low as $125 and as high as $250.

106 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 99% is the sales price vs. listing price for July. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 98% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 413K was the average listing price in July. The average sales price was 363K.

– 5.1 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss current Eldorado market conditions, please feel free to contact me via phone or email.

TrendVision TM

Published August 2016*

Prepared for you by: Lisa Smith

Number of Homes For Sale vs. Sold vs. Pended (Feb. 2016 – Jul. 2016)
Average Price per SQFT (Sold) (Feb. 2016 – Jul. 2016)
Avg Days On Market & Sold/List Price % (Feb. 2016 – Jul. 2016)
Average Price of For Sale and Sold (Feb. 2016 – Jul. 2016)
Months of Inventory Based on Closed Sales (Feb. 2016 – Jul. 2016)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published August 2016, based on data available at the end of July 2016. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Eldorado Real Estate Report – January – June 2016

Eldorado Real Estate Report – January – June 2016

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the Eldorado Real Estate Report covering the first six months of the year from January 2015 to June 2016. Inventory is continuing to increase with a few multiple offers in nearly all price ranges. If you are planning to purchase in Eldorado this year and will be getting a loan, it is best to visit with a lender to get the process started before viewing property. The loan process is still lengthy and buyers will need to present a pre-approval letter with an offer. You want to be ready when you find your Eldorado dream home.

If you are planning to put your home on the market, preparation is everything. With increased competition, one’s property must be in the best and most presentable condition possible. It is worth it.

In June:

53 Active Eldorado Properties 

12 Homes Under Contract

21 Sold

– $186 was the average price per square foot in June. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This average has ranged from $151 – $186 in the last six months. Some properties are as low as $125 and as high as $250.

78 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days. Down from 121 in May.

– 98% is the sales price vs. listing price for June. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 400K was the average listing price in June. The average sales price was 400K.

– 2.5 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss current Eldorado market conditions, please feel free to contact me via phone or email.

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2016 – Jun. 2016)
Average Price per SQFT (Sold) (Jan. 2016 – Jun. 2016)
Avg Days On Market & Sold/List Price % (Jan. 2016 – Jun. 2016)
Average Price of For Sale and Sold (Jan. 2016 – Jun. 2016)
Months of Inventory Based on Closed Sales (Jan. 2016 – Jun. 2016)

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Eldorado Real Estate Report – Dec. 2015 – May 2016

Eldorado Real Estate Report – Dec. 2015 – May 2016

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the Eldorado Real Estate Report covering the last six months from December 2015 to May 2016. Inventory is continuing to increase with homes selling quickly, particularly in the under 350K price range. If you are planning to purchase in Eldorado this year and will be getting a loan, it is best to visit with a lender to get the process started before viewing property. The loan process is still lengthy and buyers will need to present a pre-approval letter with an offer. You want to be ready when you find your Eldorado dream home.

In May:

48 Active Eldorado Properties 

18 Homes Under Contract

18 Sold

– $187 was the average price per square foot in May. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This has ranged from $151 – $203 in the last six months. Some properties are as low as $125 and as high as $250.

121 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 97% is the sales price vs. listing price for May. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller likely receives.

– 424K was the average listing price in May. The average sales price was 372K.

– 2.7 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss current Eldorado market conditions, please feel free to contact me via phone or email.

TrendVision TM

Published June 2016*

Prepared for you by: Lisa Smith

Number of Homes For Sale vs. Sold vs. Pended (Dec. 2015 – May. 2016)
Average Price per SQFT (Sold) (Dec. 2015 – May. 2016)
Avg Days On Market & Sold/List Price % (Dec. 2015 – May. 2016)
Average Price of For Sale and Sold (Dec. 2015 – May. 2016)
Months of Inventory Based on Closed Sales (Dec. 2015 – May. 2016)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published June 2016, based on data available at the end of May 2016. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Eldorado Real Estate Market Report – Nov. 2015 – April 2016

Eldorado Real Estate Market Report – Nov. 2015 – April 2016

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the Eldorado Real Estate Report covering the last six months from November 2015 to April 2016. As we enter the busy season, inventory is starting to increase. Still on the low side, with homes selling quickly, particularly in the under 350K price range. If you are planning to purchase in Eldorado this year and will be getting a loan, it is best to visit with a lender to get the process started before viewing property. The loan process is still lengthy and buyers will need to present a pre-approval letter with your offer. You want to be ready when you find your Eldorado dream home.

In April activity really increased:

43 Active Eldorado Properties 
21 Homes Under Contract
 
12 Sold
– $179 was the average price per square foot in April. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This has ranged from $157 – $204 in the last six months.

125 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 100% is the sales price vs. listing price for April. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 96% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller likely receives. While a few did sell for less than full price, most were full price and a few sold for over the listing price. So this is the average percentage but 100% is significant.

– 412K was the average listing price in April. The average sales price was 412K.

– 3.6 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.
If you would like to discuss current Eldorado market conditions, please feel free to contact me via phone or email.
TrendVision TM

Published May 2016*

Location:   Eldorado (area 14)

Prepared for you by: Lisa Smith, Santa Fe Properties

Number of Homes For Sale vs. Sold vs. Pended (Nov. 2015 – Apr. 2016)
Average Price per SQFT (Sold) (Nov. 2015 – Apr. 2016)
Avg Days On Market & Sold/List Price % (Nov. 2015 – Apr. 2016)
Average Price of For Sale and Sold (Nov. 2015 – Apr. 2016)
Months of Inventory Based on Closed Sales (Nov. 2015 – Apr. 2016)
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published May 2016, based on data available at the end of April 2016. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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Eldorado Real Estate Report – October 2015 – March 2016

Eldorado Real Estate Report – October 2015 – March 2016

Sign up to receive the monthly Eldorado Real Estate Report and weekly Santa Fe Events Calendar.

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Here is the Eldorado Real Estate Report covering the last six months from October 2015 to March 2016. Inventory remains low. Now is an excellent time for sellers to put their properties on the market. California buyers are still active and renters have been purchasing in Eldorado.
In March:
31 Active Eldorado Properties 
16 Homes Under Contract
 
4 Sold
– $157 was the average price per square foot in March. Remember it depends on the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This has ranged from $157 – $209 in the last six months.

160 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.

– 98% is the sales price vs. listing price for March. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 96% – 99% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller likely receives.

– 412K was the average listing price in March. The average sales price was 338K.

– 7.8 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.
If you would like to discuss current Eldorado market conditions, please feel free to contact me via phone or email.
Published April 2016*

Prepared for you by: Lisa Smith

Number of Homes For Sale vs. Sold vs. Pended (Oct. 2015 – Mar. 2016)
Average Price per SQFT (Sold) (Oct. 2015 – Mar. 2016)
Avg Days On Market & Sold/List Price % (Oct. 2015 – Mar. 2016)
Average Price of For Sale and Sold (Oct. 2015 – Mar. 2016)
Months of Inventory Based on Closed Sales (Oct. 2015 – Mar. 2016)

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Santa Fe County Assessor’s Office Announces Community Outreach Schedule

Eldorado residents should have received their Notice of Valuation in the mail. If you disagree with the value, you may protest. Details are below and the assessor will have an outreach set up at the Senior Center today and next Tuesday from 4:30 – 6 pm.

Santa Fe County Outreach Schedule (All Outreach Hours will be held from 4:30 p.m. – 6:00 p.m.)

Rancho Viejo, 23 Calle Agua Clara, Santa Fe, NM
Monday, April 4

Ken and Patty Adam Center, 14 Avenida Torreon, Eldorado, NM
Tuesday, April 5
Tuesday, April 12

The Nancy Rodriguez Community Center, 1 Prairie Dog Loop, Santa Fe, NM
Wednesday, April 6
Wednesday, April 13

Pojoaque Satellite Office, 5 West Gutierrez, Suite 9, Pojoaque, NM
Thursday, April 7
Thursday, April 14
Thursday, April 28

Santa Fe County Public Safety Building, 35 Camino Justicia, Santa Fe, NM
Monday, April 11

Santa Fe County Fairgrounds, 3229 Rodeo Rd., Santa Fe, NM
Monday, April 18
Monday, April 25

Abedon Lopez Senior Center, 145 Santa Cruz Site, Espanola, NM
Wednesday, April 19
Wednesday, April 26

Edgewood Senior Center, 114 Quail Trail, Edgewood, NM
Wednesday, April 20
Wednesday, April 27

Las Campanas Owners Association, 366 Las Campanas Dr., Santa Fe, NM
Thursday, April 21

Please bring your 2016 Notice of Value and copies of any documentation that you would wish to provide. You may also visit the Office of the Santa Fe County Assessor, 102 Grant Ave., April 1 through May 2nd, 2016 between 8 a.m. and 5 p.m. to file appeals, ask questions or file for exemptions. Please call 505-986-6300 for further information.

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Plan would lift restrictions but requires all units to pay taxes

Posted: Tuesday, March 22, 2016 10:30 pm | Updated: 10:57 pm, Tue Mar 22, 2016.
Original posted by Santa Fe New Mexican

The city of Santa Fe is moving forward with a plan to lift many of the restrictions on short-term rental units, but stops short of removing the cap on the total number of rentals allowed citywide.

Members of the Lodgers Tax Advisory Board approved a plan Tuesday to more than double the number of short-term rental permits from about 400 to 1,000. It goes next week to the city Public Works Committee, and will be reviewed by two other panels before consideration, then a public hearing by the Santa Fe City Council on April 27.

The new law would set an initial number of permits at 1,000 and allow all unlicensed units to come under the new law within 90 days.

If an owner is unlicensed after that, the city would impose a fine of $500. If the violation continued for another 14 days, the fine could be continued at $250 a day or the unit could be shut down.

Read the entire article

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