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 long-time resident and a realtor in this community. I specialize in listing and selling Eldorado area properties. 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 2,670 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 and expansive views of Eldorado.

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

The Agora shopping center in Eldorado has restaurants, vet services, hair salon, shops and mail services as well as a beautifully landscaped courtyard. La Tienda across Avenida Vista Grande has tap room, more restaurants, hardware store and boutique shopping.

Dues are an extremely low $525 a year because Santa Fe County maintains the roads. Eldorado also has the top ranked Volunteer Fire Department in New Mexico.

We 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.

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

Eldorado Real Estate Report – Aug. 2018 – Jan. 2019

Feb 7, 2019 | Eldorado Real Estate Market Report

Here is the monthly Eldorado Real Estate Report covering the last six months from August 2018 – January 2019. The Eldorado market heats up and cools off many times during the year, sometimes it can last a week or a month. At the moment, new listings are selling very quickly with multiple offers in nearly all price ranges. Homes property prepared for sale and priced correctly move fast.

In January:

19 Active Eldorado Properties

10 Homes Under Contract

10 Sold

– $194 was the average price per square foot in January. 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. The smaller the house, the higher the price per square foot. This average has ranged from $199 – $230 in the last 6 months. Some properties sell for as low as $115 and as high as $294.

****54 were the average days on the market last month. **Days on the market are stopped the day a seller accepts an offer and do not include the escrow period which can be 30-60 days. **

– 98% is the sales price vs. listing price for January. 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 or sometimes higher, the seller is likely to receive.

– 468K was the average listing price last month. The average sales price was 455K.

– 1.9 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. Six months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood for buyers all over the United States and in some cases beyond.

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know

Number of Homes For Sale vs. Sold vs. Pended (Aug. 2018 – Jan. 2019)

Average Price per SQFT (Sold) (Aug. 2018 – Jan. 2019)

Avg Days On Market & Sold/List Price % (Aug. 2018 – Jan. 2019)

Average Price of For Sale and Sold (Aug. 2018 – Jan. 2019)

Months of Inventory Based on Closed Sales (Aug. 2018 – Jan. 2019)

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 February 2019, based on data available at the end of January 2019. 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.

2018 Eldorado Real Estate Review

Jan 8, 2019 | Eldorado Real Estate Market Report

2018 was a good year for Eldorado Real Estate. Steady sales volume and fairly low inventory was the theme.

165 properties sold which includes 14 vacant lots. Of the 151 homes sold prices ranged from 183K – 627K. Lot prices were between 30K – 84K.

Compared to 2017, 181 properties sold of which 13 were vacant lots. Home prices ranged from 190K – 599K. Lot prices were between 40K – 100K.

In December:

29 Active Eldorado Properties

15 Homes Under Contract

8 Sold

– $230 was the average price per square foot in December, the highest of the year. 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. The smaller the house, the higher the price per square foot. This average has ranged from $162 – $230 this year. Some properties sell for as low as $115 and as high as $294.

****19 were the average days on the market last month. **Days on the market are stopped the day a seller accepts an offer and do not include the escrow period which is typically 30-60 days. **

– 99% is the sales price vs. listing price for December. This is the listing price when the property went under contract, not the original listing price, which may have been higher.This has remained consistent throughout the year. The sooner a property goes under contract, the closer to the listing price or sometimes higher, the seller is likely to receive.

– 468K was the average listing price last month. The average sales price was 424K.

– 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. Six months indicates a balanced market between buyers and sellers. Less than 6 months means a sellers market, more than 6 months means a buyers market.

Eldorado remains a popular and in-demand neighborhood for buyers all over the United States and in some cases beyond.

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2018 – Dec. 2018)

Average Price per SQFT (Sold) (Jan. 2018 – Dec. 2018)

Avg Days On Market & Sold/List Price % (Jan. 2018 – Dec. 2018)

Average Price of For Sale and Sold (Jan. 2018 – Dec. 2018)

Months of Inventory Based on Closed Sales (Jan. 2018 – Dec. 2018)

Eldorado Real Estate Report Jan.-Nov. 2018

Dec 7, 2018 | Eldorado Real Estate Market Report

Here is the monthly Eldorado Real Estate Report covering January – November 2018. The shift in the Eldorado market can be better understood from the beginning on the year.

Inventory continues to increase and is now at the highest of the year. The pace of sales has slowed a bit this winter. Homes priced well and properly prepared for sale are still selling quickly. A few homes have had more than one price reduction since the summer and remain on the market.

In November:

36 Active Eldorado Properties

9 Homes Under Contract

7 Sold

– $199 was the average price per square foot in November. 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. The smaller the house, the higher the price per square foot. This average has ranged from $162 – $216 this year. Some properties sell for as low as $115 and as high as $294.

****39 were the average days on the market last month. **Days on the market are stopped the day a seller accepts an offer and do not include the escrow period which can be 30-60 days. **

– 99% is the sales price vs. listing price for November. 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 or sometimes higher, the seller is likely to receive. Some homes are selling for over the asking price and we are seeing multiple offer situations in the under 350K price range.

– 475K was the average listing price last month. The average sales price was 422K. A decrease from October which was the highest of the year.

– 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. Six months indicates a balanced market between buyers and sellers. Less than 6 months means a sellers market, more than 6 months means a buyers market.

Eldorado remains a popular and in-demand neighborhood for buyers all over the United States and in some cases beyond.

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2018 – Nov. 2018)

Average Price per SQFT (Sold) (Jan. 2018 – Nov. 2018)

Avg Days On Market & Sold/List Price % (Jan. 2018 – Nov. 2018)

Average Price of For Sale and Sold (Jan. 2018 – Nov. 2018)

Months of Inventory Based on Closed Sales (Jan. 2018 – Nov. 2018)

Eldorado Real Estate Report – Jan. – Oct. 2018

Nov 6, 2018 | Eldorado Real Estate Market Report

Here is the monthly Eldorado Real Estate Report covering the last six months from January – October 2018. The shift in the Eldorado market can be better understood from the beginning on the year.

Listing and sold prices have steadily increased since June. While inventory continues to increase, prices per square foot remain in the 200s since May. Homes priced well and properly prepared for sale are still selling quickly. A few homes have had more than one price reduction since the summer and remain on the market.

In October:

33 Active Eldorado Properties

9 Homes Under Contract

16 Sold

– $205 was the average price per square foot in October. 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. The smaller the house, the higher the price per square foot. This average has ranged from $162 – $216 this year. Some properties sell for as low as $115 and as high as $294.

****17 were the average days on the market last month. **Days on the market are stopped the day a seller accepts an offer and do not include the escrow period which can be 30-60 days. **

– 99% is the sales price vs. listing price for October. 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 or sometimes higher, the seller is likely to receive.

– 500K was the average listing price last month. The average sales price was 474K. You can see from the graph below, this is the highest of the year.

– 2.1 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. Six months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood for buyers all over the United States and in some cases beyond.

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2018 – Oct. 2018)

Average Price per SQFT (Sold) (Jan. 2018 – Oct. 2018)

Avg Days On Market & Sold/List Price % (Jan. 2018 – Oct. 2018)

Average Price of For Sale and Sold (Jan. 2018 – Oct. 2018)

Months of Inventory Based on Closed Sales (Jan. 2018 – Oct. 2018)

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 November 2018, based on data available at the end of October 2018. 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.

December is Santa Fe – Events Not to Miss

Nov 6, 2018 | New Mexico Happenings, Santa Fe New Mexico

December Events You Just Can’t Miss

Do you want to experience December differently this year? Then plan a visit to The City Different. Santa Fe never looked prettier dressed in all her holiday color and lights! Add to that a town nestled in historic traditions, then throw in some snow, mix in a bit of annual celebration and voila! You have the perfect Santa Fe winter holiday getaway! It’s our good fortune to have a myriad of festive events that spotlight a different kind holiday season. Bright blue skies with crisp frosty air and ski ready landscape? Got it. World-renowned regional cuisine? Always. Holiday music and performing arts? Hello! We’ve got it all. Here are a few of the top December events taking place in The City Different.

ORDER MY 2018 SANTA FE TRAVEL GUIDE

Christmas at the Palace

Christmas at the Palace is one of the beloved December Events

Did you know Santa Fe has its own Palace? The Palace of the Governors that is, which distinguishes Santa Fe with the oldest continuously operating government building in the United States. On December 7, 2018, the annual celebration, Christmas at the Palace, takes place in the magical setting of this venerable historic compound on the Santa Fe Plaza from 5:30 to 7:00 p.m.

The Palace welcomes revelers to an old-fashioned holiday party that honors the holiday traditions of the Pueblo people and the Spanish settlers. Settle in with a cup of hot cider for the music and merriment of the evening. The History Museum and Palace will close at 3 p.m. to prepare for this event. Enter through the Palace at 105 W. Palace Ave. The History Museum will remain closed during the event.

Las Posadas

This December events is a Santa Fe Tradition — Photo courtesy of the New Mexico History Museum

Hosted by the New Mexico History Museum, Las Posadas is a re-enactment of the legendary journey of two exhausted travelers on their way to Bethlehem. Visitors are invited to join the candle-lit procession following the young couple around the Plaza as they seek shelter for the night. At the conclusion, everyone comes together at the Palace of the Governors for cookies and cider before heading back to their own beds for the night. Don’t forget to wear warm clothing! This time honored event takes place on December 9, 2018 at 5:30 pm.

Santa Fe Artists in Residence

All winter long, artists create their masterpieces in our hotels and galleries. Get a first-hand look at their creative process and be sure to take a piece home with you!

GLOW

The brightest annual December event

Light up your holiday season with GLOW – Cosmic Nights! This annual event features thousands of twinkle lights and beautiful large scale light installations all aglow throughout the Santa Fe Botanical Garden. Enjoy live music, festive beverages, and meet Santa with the kiddos (12 and under get in free!). GLOW opens on December 14 and runs through December 31, 2018.

Santa Fe Winter Indian Market

Do your holiday shopping with native artists, in a festive environment at a downtown Santa Fe landmark. The SWAIA Winter Indian Market is an annual holiday art show that will be held on December 15, 2018 from 9 a.m. to 5 p.m. and December 16, 2018 from 10 a.m. to 3 p.m. at La Fonda on the Plaza hotel. This year the Winter Indian Market includes 150 Native artists selling jewelry, pottery, paintings, weavings and much more; a fabulous silent auction; live music and dance round out the festivities.

Desert Chorale Winter Festival

The renowned choir presents a series of concerts, including carols and lullabies from South and Central America. Concerts take place December 15 – 23, 2018 at the United Church of Los Alamos, Immanuel Presbyterian Church of Albuquerque, Cristo Rey church, and the Cathedral Basilica of St. Francis of Assisi.

A Baroque Christmas

For over 30 years Santa Fe Pro Musica has performed “A Baroque Christmas” which is a Santa Fe favorite during the holidays. The Santa Fe tradition returns to the beautiful Loretto Chapel and will have performances from December 19 through December 24, 2018. Clara Rottsolk, soprano and Deborah Domanski, mezzo-soprano will be the featured vocalists.

Canyon Road Farolito Walk

One of Santa Fe’s most beloved December events, the Canyon Road Farolito Walk, lights up the hearts and souls of thousands who stroll the iconic road on Christmas Eve. While touring Christmas lights is a tradition everywhere, the experience is totally unique in Santa Fe. After all, how many towns commit hours of preparation to creating an awe-inspiring display for just one night? The annual walk leads you from the Santa Fe Plaza to the surrounding historic neighborhoods. This night is a truly magical and breathtaking experience you do not want to miss. The event takes place on December 24, 2018.

Christmas Eve at Picuris Pueblo

Embrace the region’s rich Native American culture at sundown on Christmas Eve with a torchlight Procession of the Virgin at Picuris. Learn more about the holiday season events at the Northern New Mexico Pueblos here.

New Year’s Eve on the Plaza

Santa Fe is set to ring in the new year on the Santa Fe Plaza! There will be live entertainment, and a digital media display will countdown to 2019. The Kiwanis Club of Santa Fe will provide hot chocolate and biscochitos, along with a memorial banner for all to write down their hopes and dreams for a Prospero Año Nuevo. Check out New Year’s Eve for more information.

Discover a December different when you spend the holidays in Santa Fe—they are truly filled with magic and good cheer here. Bring a friend or family, or just give yourself the unique gift of a Santa Fe holiday that’ll be a heartfelt memory. Make your December getaway even more special by checking out our Deals and Specials.

Reduced to 429K! Best studio/casita in Eldorado

Oct 30, 2018 | Eldorado Homes

New kitchen in main house.

If you need room for parents, kids or your art – schedule a showing for 12 Azul Loop in Eldorado. Darling passive solar main house with new kitchen, two bedrooms and an office. Casita/studio has 3/4 bath and three rooms. Private entrance.

Eldorado Real Estate Report – March – August 2018

Sep 6, 2018 | Eldorado Real Estate Market Report

Eldorado Real Estate Report – Feb. – July 2018

Aug 7, 2018 | Eldorado Real Estate Market Report

Here is the monthly Eldorado Real Estate report covering the last six months from February – July 2018.

**Inventory Has Increased, Some Prices Reduced **

Our market has cooled slightly. Sales volume is still busy, with some sellers reducing their listing prices.

In July:

25 Active Eldorado Properties. This is the most homes for sale since January 2018.

6 Homes Under Contract

15 Sold

– $208 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. The smaller the house, the higher the price per square foot. This average has ranged from $162 – $216 in the last six months. Some properties sell for as low as $115 and as high as $294.

****38 were the average days on the market last month. **Days on the market are stopped the day a seller accepts an offer. **

– 98% 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% – 99% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive.

– 486K was the average listing price last month. The average sales price was 432K.

– 1.7 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. Six months indicates a healthy real estate market. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss the current state of the Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Feb. 2018 – Jul. 2018)

Average Price per SQFT (Sold) (Feb. 2018 – Jul. 2018)

Avg Days On Market & Sold/List Price % (Feb. 2018 – Jul. 2018)

Average Price of For Sale and Sold (Feb. 2018 – Jul. 2018)

Months of Inventory Based on Closed Sales (Feb. 2018 – Jul. 2018)

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Lisa Smith
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Read all my Zillow Reviews

Christmas at the Palace

Las Posadas

Santa Fe Artists in Residence

GLOW

Santa Fe Winter Indian Market

Desert Chorale Winter Festival

A Baroque Christmas

Canyon Road Farolito Walk

Christmas Eve at Picuris Pueblo

New Year’s Eve on the Plaza

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