Eldorado Real Estate Report March – August 2025
Here is the Eldorado Real Estate Report for the last six months from March – August 2025. Today there are 22 properties on the market ranging in price from 450K – 1.2M. Nine properties are under contract from 549K – 799M. Three lots are for sale for between133K – 148K. All three of these lots require a well and an electric transformer. Two of these lots have been on the market more than of 400 days.
Of the 22 active properties in Eldorado, 13 have had one or more price reductions. Pricing a property correctly the first time gives sellers a much greater chance of selling more quickly and closer to the asking price.
The market continues to turn in the buyer’s favor not quite a buyer’s market but inching closer. Today’s buyers feel if they are paying Covid-era prices, the property needs to be in excellent condition.
**Contract terminations are STILL running unusually high with buyers walking away from their transactions due almost exclusively to inspection issues. Not just in Eldorado – all over Santa Fe County and in all price ranges. I cannot stress enough how critical listing preparation is to a successful outcome.**
Eldorado Real Estate Report – February – July 2025
Here is the Eldorado Real Estate Report for the last six months from February – July 2025. Today there are 21 properties on the market ranging in price from 450K – 950K. Sixteen properties are under contract from 460K – 925M. One lot is for sale for133K.
The market has changed and continues to do so in the buyer’s favor. The number of buyers looking in Santa Fe has decreased for now and they don’t appear to be in a hurry to purchase. While interest rates dropped a bit in the last week, it may not be enough to spur the activity we are used to.
**Contract terminations are STILL running unusually high with buyers walking away from their transactions due almost exclusively to inspection issues. Not just in Eldorado – all over Santa Fe County and in all price ranges. I cannot stress enough how critical listing preparation is to a successful outcome.**
Eldorado Real Estate Report – January- June 2025
Here is the Eldorado Real Estate Report for the last six months from January – June 2025. Today there are 27 properties on the market ranging in price from 454K – 995K. Eighteen properties are under contract from 460K – 875M. Two lots are for sale – 133K and 152K.
**Contract terminations are STILL running unusually high with buyers walking away from their transactions due almost exclusively to inspection issues. Not just in Eldorado – all over Santa Fe County in all price ranges. I cannot stress enough how critical listing preparation is to a successful outcome.
Eldorado Real Estate Report – Dec. 2024 – May 2025
Here is the Eldorado Real Estate Report for the last six months from December 2024 – May 2025. Today there are 17 properties on the market ranging in price from 464K – 1M. Nineteen properties are under contract from 420K – 1.1M. Two lots are for sale – 133K and 152K.
**Contract terminations are STILL running unusually high with buyers walking away from their transactions due almost exclusively to inspection issues. Not just in Eldorado – all over Santa Fe County in all price ranges. I cannot stress enough how critical listing preparation is to a successful outcome.
Eldorado Real Estate Report – Nov. 2024 – April 2025
Here is the Eldorado Real Estate Report for the last six months from November 2024 – April 2025. Today there are 15 properties on the market ranging in price from 464K – 1M. Eighteen properties are under contract from 495K – 1.2M. Two lots are for sale and two are under contract.
Eldorado Real Estate Report – October 2024 – March 2025
Here is the Eldorado Real Estate Report for the last six months from October 2024 – March 2025. Today there are 7 properties on the market ranging in price from 464K – 1.2M. Thirteen properties are under contract from 530K – 1M. Two lots are for sale and three are under contract.
In March, Eldorado saw it’s highest average sold price in history at 813K.
Obviously there is a tremendous amount of uncertainty in the market and no one knows where this will go. Multiple offers are back in the under 700K range and particularly in the under 600K category.
Eldorado Real Estate Report – Sept. 2024 – Feb. 2025
Here is the Eldorado Real Estate Report for the last six months from September 2024 – February 2025. Today there are 7 properties on the market ranging in price from 469K – 1.3M. Four lots are for sale between 133K – 190K. Fourteen homes are under contract from 495K – 1M.
At the moment, our inventory is quite low and buyers are here looking. While current events are unsettling and many things are uncertain, what we do know is that the vast majority of buyers come from other states and Santa Fe feels like a safe place to land.
Eldorado Real Estate Report – August 2024 – January 2025
Here is the Eldorado Real Estate Report for the last six months from August 2024 – January 2025. Today there are 11 properties on the market ranging in price from 469K – 1.3M. Six lots are for sale between 130K – 189K. Ten homes are under contract from 545K – 720K.
On a recent listing of mine, there were 15 showings and four offers. Buyers are back – at least for now. This property received a lot of attention for a couple of reasons – one, the seller spent a lot of time and money getting it properly prepared for sale – and there was a lot to do. Two, there is also a separate studio space with a bedroom and bath. Today’s buyers are looking for properties in good shape with no deferred maintenance.
2024 YTD Eldorado Real Estate Report
Here is the year-end round up of the Eldorado real estate activity for 2024. There were 108 properties sold last year ranging in sales price from 420K to 1.1M. Two Eldorado homes sold for more than 1M. No listings came on the market under 400K.
Eldorado Real Estate Report – Jan. – Nov. 2024
Here is the Eldorado Real Estate Report from January through November – I thought it would be interesting to see the year-to-date to really see the inventory movement this year. After a slow October and November, activity has increased with more buyers entering our market. The Eldorado market remains stable and balanced. Should interest rates begin to decrease in the new year, our market will become more competitive and multiple offers will come back.
Eldorado Real Estate Market Report 2014
Having lived in Eldorado for 15 years, I know the market well and have listed property and worked with relocating buyers for 10 years. I will be updating the Eldorado Real Estate Market Report monthly with statistics new listings, sales, sales vs. list prices, days on the market, average sales prices and months of inventory. If you would like to subscribe to this report, you may do so on the right hand side of the homepage.
Please let me know if you have any questions or need any additional information. You will love living here!
-140 were the average days on the market last month.
– 96% is the sales price vs. listing price for December. 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 94% – 99% for the last 3 years.
– 355K was the average listing price in December. The average sales price was 306K.
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