June 2011 Eldorado Real Estate Market Report

Here is the Eldorado Market Report for the last six months. In June 2011:
 
80 properties are currently on the market in Eldorado, of those, 8 went under contract. Another 8 properties sold in June.
$169 is the average sold price per sq. ft. Keep in mind this changes based on the sizes of the properties sold.
246 is the average Days on the Market (DOM), up from 135 in May 2011.
96% is the average of sales price vs. list price. What sellers can expect to sell for based in their current listing price.
$393,000 is the average listing price in June
$301,000 is the average sales price In June
10 months is the amount of inventory on the market. Meaning it would take 10 months to sell all the homes on the market at the current rate of sales. Eight months of inventory signals a healthy real estate environment, so Eldorado is still doing well at the moment.

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