Eldorado Real Estate Report Jan. – June 2021

Eldorado Real Estate Report Jan. – June 2021

Here is the Eldorado Real Estate Report report for the last six months – January – June 2021.

Inventory has ticked up a bit, but we still don’t have enough homes to sell to those who want to live in Eldorado. There were a few price reductions today…

In June:

10 Active Listings

12 Under Contract

22 Sold

****$268 was the average price per square foot last month.  This has ranged between $245 and $285 over the last six months. This number depends on such a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc.. and is not a fully accurate measure of value, just one tool of many. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot.

26 – were the average days on the market in June, almost triple the number in May. This is the highest in the last 6 months. Does this signal a cooling of the market? Very hard to say as there is not a pattern yet. We will see in the next month or so. These are the number of days it took for sellers to accept a contract, not to close.

103% – is what sellers received on their listing price last month. This has been over 100% for the last six months. This is the price in which the home was listed when it sold, not necessarily the original listing price. This has ranged from 101% – 106% over the last 6 months.

$589K average listing price

$557K average sales price

– 0.5 months of inventory – THIS IS ABOUT TWO WEEKS. Months of inventory means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales.

Six months indicates a balanced market between buyers and sellers. Less than 6 months means a seller’s market, more than 6 months means a buyer’s market.

If you would like to discuss the current state of the Eldorado market or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2021 – Jun. 2021)


Average Price per SQFT (Sold) (Jan. 2021 – Jun. 2021)


Avg Days On Market & Sold/List Price % (Jan. 2021 – Jun. 2021)


Average Price of For Sale and Sold (Jan. 2021 – Jun. 2021)


Months of Inventory Based on Closed Sales (Jan. 2021 – Jun. 2021)

Real New York Bagels in Eldorado

At long last, Santa Fe has authentic New York Bagels. New York transplants typically ask where to get a real bagel and good pizza.
    • Let’s get right to the point: East Coasters, we’ve got New York bagels.

You’ll find them just outside of Santa Fe at Eldorado Coffee Corral in La Tienda at Eldorado shopping center. They’re individually wrapped and stacked in a small display case featuring a mix of the bagels, Whoo’s Donuts and a range of other house-baked goodies.


And yes, they’re the real deal: This upstate New York transplant can vouch for it. Whether it’s that New York City water, the hand-rolling or the boiling that gives them that signature glossy, chewy consistency, these bagels are all that and a side of schmear (here made in-house with cream cheese, smoked salmon, capers, red onion and lemon).


Mark Hawrylak, who owns the coffee shop with wife Kathleen King and son Sam King, has them shipped in fresh from a bakery in Queens.


“We moved here from New York, and we both missed a good bagel,” said Hawrylak, now a longtime Eldorado resident. They’d been ordering bagels shipped by the dozen to enjoy at home, so when they began building the concept for the Coffee Corral, they decided to add the bagels as an option.


Whether you miss the incomparable mouthfeel of a true New York bagel or you’ve never had one and just want to finally understand all the angles of the Great Santa Fe Bagel Debate, $3 is all you need to pick up a plain or everything bagel or one of a rotating selection of other flavors. You can also preorder a dozen or half-dozen from among some 20 flavors.


The family opened the Coffee Corral on April 1 in the space formerly occupied by The Coffee Wheel. A chef who spent 16 years working for Sysco, Hawrylak retired in October and soon realized he wasn’t ready to slow down completely.


“Being around the food industry all my life … there was some osmosis there as to what I felt would work as a coffee shop,” he said. “My business plan was to have a locally roasted coffee that was organic and fair trade, and to have as much food as possible that was made in-house.”


They settled on coffee from local roaster Agapao as well as a medium roast from a small Colombian plantation owned by a friend’s family. An inventive hot and cold coffee menu features classics as well as drinks like the Metro ($4.50) — a refreshing mix of iced sparkling water, espresso and vanilla syrup — and the cheekily named Naughty Babysitter ($5) — a Cubano with honey, chocolate, toffee nut syrup, steamed milk, whipped cream and caramel drizzle. Other drinks include teas, blended tea drinks, and housemade Italian sodas and lemonade.


In-house, Coffee Corral makes croissants, pastries, cookies, coffee cake and other goodies. The scones ($3) are a standout and can show up in flavors such as cranberry, cherry or apricot lemon ginger. Highly recommended: adding housemade clotted cream and jam for an extra $1.


Croissants come in plain, chocolate and almond varieties, as well as a savory offering that uses prosciutto and Gruyere from the new cheese shop, El Sabor, next door.


“I feel like our businesses complement each other well,” he said. “People will go buy salami, then come get a bagel and I’ll put it on there for them.”


For now, most of the shop’s customers have come from Eldorado and Lamy, and some have told him they appreciate not having to travel into town for one of those signature Whoo’s blue corn blueberry lavender doughnuts. And now, Santa Feans can find authentic New York bagels just down the road, too.