The Eldorado market remains very active!
Inventory is still on the low side, so if you or anyone you know is considering listing property this year, now would be the time to do so. California buyers are becoming our main feeder market as their market continues to heat up.
In June, activity remained strong.
43 Active Eldorado properties 
15 homes went under contract
 
24 sold
– $181 was the average price per square foot in June and it up a bit from last month. Remember it depends on the size of the house, age, quality of the finishes, views, construction, etc. The larger the house, the lower the price per square foot. This has ranged from $166 – $181 in the last six months.

-143 were the average days on the market last month. This includes the number of days the property was under contract.

 

– 97% is the sales price vs. listing price for June. 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 96% – 98% for the last six months.

 

– 411K was the average listing price in April. The average sales price was 329K. The market under 400K is the most in demand price range so far this summer.

 

– 1.8 months of inventory – which means the length of time it would take to sell all the homes listed in Eldorado at the current rate of sales. Eight months indicates a healthy real estate market so Eldorado remains an in-demand neighborhood.
If you would like to discuss current market conditions, give me a call or send me an email.
TrendVision TM

Published July 2015*

Prepared for you by: Lisa Smith, 505-570-5770
Number of Homes For Sale vs. Sold vs. Pended (Jan. 2015 – Jun. 2015)

Average Price per SQFT (Jan. 2015 – Jun. 2015)

Avg Days On Market & Sold/List Price % (Jan. 2015 – Jun. 2015)

Average Price of For Sale and Sold (Jan. 2015 – Jun. 2015)

Months of Inventory Based on Closed Sales (Jan. 2015 – Jun. 2015)

If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart*All reports are published July 2015, based on data available at the end of June 2015. All reports presented are based on data supplied by the Santa Fe MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

 

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