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)