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Eldorado Real Estate Report – April – September 2014

Here is the monthly Eldorado Real Estate report, covering the last six months from April 2014 through September 2014.- 71 active listings in September, 15 went under contract and 10 sold. We are seeing strong activity in Eldorado in the beginning of the fourth quarter.

– $170 was the average price per square foot in last month. 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.

-109 was the average days on the market in September.  A decrease from 135 in August.

– 97% 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.

– 363K was the average listing price in September.

 – 388K was also the average sales price.- 7.1 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. Eight months signals a healthy real estate market, so Eldorado continues to do well.

If you would like more information, please email or give me a call. If you would like to be removed from this mailing list, please hit reply and type unsubscribe.

Best,
Lisa Smith
Santa Fe Properties

 

TrendVision TM

Published October 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 (Apr. 2014 – Sep. 2014)

Average Price per SQFT (Apr. 2014 – Sep. 2014)

Avg Days On Market & Sold/List Price % (Apr. 2014 – Sep. 2014)

Average Price of For Sale and Sold (Apr. 2014 – Sep. 2014)

Months of Inventory Based on Closed Sales (Apr. 2014 – Sep. 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 October 2014, based on data available at the end of September 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.
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