Eldorado Real Estate Report – February – July 2026

Eldorado Real Estate Report – February – July 2026

Here is the Eldorado Real Estate Report for the last six months from February – July 2026. Today there are 25 properties on the market ranging in price from 475K- 1.7M. Of these, 13 have had one or more price reductions – which is signaling we are entering a buyer’s market which may last until interest rates start decreasing or inventory drops by 50%. This is happening all over Santa Fe County and in all price ranges. There are not enough active buyers for the amount of inventory available. In Santa Fe County – there are about 20-30 price reductions a day.
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Eighteen properties are under contract from 475K – 850K. Two lots are for sale for between 140K – 275K.
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In July:
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28 Active Listings  – this is the highest inventory has been since the winter of 2018.
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10 Under Contract
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12 Sold
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$324 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 $324 – $426 in the last six months.

58– were the average days on the market in July – about double from June. This is the number of days it took for sellers to accept a contract, not to close. This has ranged from 4 – 58 days in the last six months.

95% – 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 95% – 101% in the last six months.

757K – average listing price in July.

748K – average sold price in July.

2.3 Months of Inventory in July – 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.

If you would like to discuss the state of the Eldorado market or have questions about this wonderful neighborhood, please feel free to contact me. 

 

Number of Homes For Sale vs. Sold vs. Pended (Feb. 2026 – Jul. 2026)

 

Average Price per SQFT (Sold) (Feb. 2026 – Jul. 2026)

 

Avg Days On Market & SP/Orig LP % (Feb. 2026 – Jul. 2026)

 

Average Price of For Sale and Sold (Feb. 2026 – Jul. 2026)

 

Months of Inventory Based on Closed Sales (Feb. 2026 – Jul. 2026)