7 Sold

$342 was the average price per square foot last month. 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. This has ranged from $308 – $343 in the last six months.

51 – were the average days on the market in January. This is the number of days it took for sellers to accept a contract, not to close. This is the highest it has been in the last six months. Should start decreasing as we head into the Spring market.

93% – is the average of what sellers received on their listing price last month.This is based on the original price of the property, not the reduced price. This has ranged from 92% – 98% in the last six months. This should start increasing now that the dip is over.

683K – average listing price

592K – average sold price

1 Month of Inventory – 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. This has begun to decrease as we head into Spring.

If you would like to discuss the current state of the Eldorado market or have questions about this wonderful neighborhood, please don’t hesitate to contact me. 

Sotheby’s is proud to be the

Eldorado Market Leader for 2020 – 2022.