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Eldorado Real Estate Report – April-Sept. 2015

The Eldorado market remains strong and very active.

In September:
41 Active Eldorado Properties 
12 Homes Went Under Contract
24 Sold
– $179 was the average price per square foot in September, up a bit from last month. Remember it depends on the size of the house, age, quality of the finishes, views, construction, etc. The larger the house, the lower the price per square foot. This has ranged from $166 – $182 in the last six months.

-107 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days.- 97% is the sales price vs. listing price for September. This is the listing price when the property went under contract, not the original listing price, which may have been higher. This has ranged from 97% – 98% for the last six months.

– 412K was the average listing price in September. The average sales price was 350K.

– 1.7 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. Eight months indicates a healthy real estate market so this is very low. Eldorado remains a popular and in-demand neighborhood.
If you would like to discuss current Eldorado market conditions, please feel free to contact me via phone or email.
Number of Homes For Sale vs. Sold vs. Pended (Apr. 2015 – Sep. 2015)
Average Price per SQFT (Apr. 2015 – Sep. 2015)
Avg Days On Market & Sold/List Price % (Apr. 2015 – Sep. 2015)
Average Price of For Sale and Sold (Apr. 2015 – Sep. 2015)
Months of Inventory Based on Closed Sales (Apr. 2015 – Sep. 2015)
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 2015, based on data available at the end of September 2015. 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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