Eldorado Real Estate Report – June – November 2025
Happy Holidays!
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Here is the Eldorado Real Estate Report for the last six months from June – November 2025. Today there are 19 properties on the market ranging in price from 450K – 1.3M. Four properties are under contract from 489K – 889K. Three lots are for sale for between 140K – 147K.
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Santa Fe is predicted to have a robust 2026 with 2025 sales up 18% over 2024. Interest rate reductions will play a large part in this which will increase buyer confidence.
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**Contract terminations have tapered off but buyers are still very selective, price sensitive and are still watching price adjustments very closely.
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In November:
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17 Active
3 Under Contract
4 Sold
As the graph below shows, pending and sold activity was way down for November.
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$338 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 $320 – $383 in the last six months. Keep in mind this is the average – some homes have a much lower price per square foot and some have a much higher number.
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95% – is the average of what sellers received on their listing price. This is based on the original price of the property, not the reduced price. This has ranged from 94% – 99% in the last six months.
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35 – were the average days on the market in November. This has ranged from 8 – 43 in the last six months. This is the number of days it took for sellers to accept a contract, not to close.
787K – average listing price
621K – average sold price
4.3 months of inventory. ***THIS IS THE HIGHEST MONTHS OF INVENTORY SINCE NOVEMBER 2019.** This means the length of time it would take to sell all the homes on the market at the current rate of sales. This will likely decrease and we head into 2026, but is another illustration of how slow November was in Eldorado.
If you would like to discuss the current state of the Eldorado real estate market or have questions about this wonderful neighborhood, please feel free to contact me.
| Number of Homes For Sale vs. Sold vs. Pended (Jun. 2025 – Nov. 2025) |
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| Average Price per SQFT (Sold) (Jun. 2025 – Nov. 2025) |
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| Avg Days On Market & SP/Orig LP % (Jun. 2025 – Nov. 2025) |
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| Average Price of For Sale and Sold (Jun. 2025 – Nov. 2025) |
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| Months of Inventory Based on Closed Sales (Jun. 2025 – Nov. 2025) |
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