Eldorado Real Estate Report – March – August 2014

Here is the monthly Eldorado Real Estate report, covering the last six months from March 2014 through August 2014.- 75 active listings in August, 11 went under contract and 14 sold.- $168 was the average price per square foot in August. Remember it depends on the size and age of the property 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.-135 was the average days on the market in August.

– 98% is the sales price vs. listing price last month.This has ranged from 94% – 98% for the six months. This largely depends on sellers pricing their properties near where the home will sell. This is the listing price when the home sold, not the original listing price.

– 362K was the average listing price in August.

 – 362K was also the average sales price.- 5.4 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 September 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, Santa Fe Properties

Number of Homes For Sale vs. Sold vs. Pended (Mar. 2014 – Aug. 2014)
Average Price per SQFT (Mar. 2014 – Aug. 2014)
Avg Days On Market & Sold/List Price % (Mar. 2014 – Aug. 2014)
Average Price of For Sale and Sold (Mar. 2014 – Aug. 2014)
Months of Inventory Based on Closed Sales (Mar. 2014 – Aug. 2014)