Eldorado Real Estate Report – March – August 2012

Below is the monthly real estate report for Eldorado covering the last six months through August 2012.

  Inventory has decreased slightly to 64 active listings and activity remains stready.  – 11 went under contract and 11 sold in the month of August.

  – $146 was the average price per square foot for August. Remember it depends on the size of the house, the larger the house, the lower the price per square foot.

 -123 were the average days on the market (DOM) in August way down from 237 in June.

 – 97% is the sales price vs. listing price for August. This has ranged from 94% – 99% for the last 3 years.

  – 374K was the average listing price for August.

 – 283K was the average sales price for August.

– 5.8 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, so Eldorado still remains a popular neighborhood.

 If you would like more information, please email me or give me a call.