43 Active Eldorado Properties
21 Homes Under Contract
– $179 was the average price per square foot in April. Remember this number depends on a wide range of factors – the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. This has ranged from $157 – $204 in the last six months.
125 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.
– 100% is the sales price vs. listing price for April. 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 96% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller likely receives. While a few did sell for less than full price, most were full price and a few sold for over the listing price. So this is the average percentage but 100% is significant.
– 412K was the average listing price in April. The average sales price was 412K.
– 3.6 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. 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.