Eldorado Real Estate Report – September 2013 – February 2014

Here is the monthly Eldorado Real Estate report, covering the last six months from September 2013 through February 2014. Our market remains stable and listing prices are competitive.
– 63 active listings in February, 7 went under contract and 9 sold.- $173 was the average price per square foot in February – no change from January. Remember it depends on the size of the house and the quality of the finishes.  The larger the house, the lower the price per square foot. This has ranged from $163 – $176 over the last six months.

-279 were the average days on the market last month. This is up from 163 in January – this means some aging inventory was sold.

– 97% is the sales price vs. listing price for February.This is the listing price when the property went under contract. This has ranged from 94% – 97% for the last six months.

– 374K was the average listing price in February.

 – 318K was the average sales price.- 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. In September is was 14.4 months due to a Fall lull in our market. Eight months signals a healthy market – Eldorado remains a popular neighborhood.

TrendVision TM

Published March 2014*

Location:   Eldorado (area 14)
Price Range:   $0 – No Limit
SQFT Range:   0 – No Limit
Property Types:   All Residential Prop.
Bedrooms:   0 – No Limit
Full Baths:   0 – No Limit
Half Baths:   0 – No Limit
Year Built:   0 – No Limit

Prepared for you by: Lisa Smith, 505-570-5770

Number of Homes For Sale vs. Sold vs. Pended (Sep. 2013 – Feb. 2014)
Average Price per SQFT (Sep. 2013 – Feb. 2014)
Avg Days On Market & Sold/List Price % (Sep. 2013 – Feb. 2014)
Average Price of For Sale and Sold (Sep. 2013 – Feb. 2014)
Months of Inventory Based on Closed Sales (Sep. 2013 – Feb. 2014)
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 March 2014, based on data available at the end of February 2014. 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.