Eldorado Real Estate Report – January – July 2014

Here is the monthly Eldorado Real Estate report, covering the last six months from January 2014 through June 2014. Inventory in Eldorado has increased by 14 properties in June.

– 72 active listings in May, 12 went under contract and 13 sold.

– $173 was the average price per square foot in June – an increase of $24 per foot. 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 $149 – $173 over the last six months.

-156 was the average days on the market last month – a slight decrease

– 97% is the sales price vs. listing price for June.This has ranged from 94% – 97% for the six months. This largely depends on sellers pricing their properties near where it will sell.

– 389K was the average listing price in June.

 – 337K was the average sales price.- 5.5 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 signals a healthy real estate market, so Eldorado continues to do well.
TrendVision TM

Published July 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 (Jan. 2014 – Jun. 2014)
Average Price per SQFT (Jan. 2014 – Jun. 2014)
Avg Days On Market & Sold/List Price % (Jan. 2014 – Jun. 2014)
Average Price of For Sale and Sold (Jan. 2014 – Jun. 2014)
Months of Inventory Based on Closed Sales (Jan. 2014 – Jun. 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 July 2014, based on data available at the end of June 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.