Here is the Eldorado Real Estate Report for the last 6 months from October 2014 – March 2015. We are coming into the busy season and it is shaping up to be a good one.

48 Eldorado properties currently on the market.  This is still relatively low inventory. 12 homes went under contract and 13 sold.
– $170 was the average price per square foot in March. Remember it depends on the size of the house, age and the quality of the finishes. The larger the house, the lower the price per square foot. This has ranged from $149 – $173 last year.

 

-224 were the average days on the market last month. This still largely depends on price. The more competitive the pricing, the more quickly a property will sell. This is an increase which means some properties that have been lingering on the market have sold.

– 97% is the sales price vs. listing price for March. 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.

– 373K was the average listing price in March. The average sales price was 388K.

– 3.7 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 is an in-demand neighborhood.
If you would like more information on the Eldorado Real Estate Market, please let me know.
TrendVision TM

Published April 2015*

 

Number of Homes For Sale vs. Sold vs. Pended (Oct. 2014 – Mar. 2015)

Average Price per SQFT (Oct. 2014 – Mar. 2015)

Avg Days On Market & Sold/List Price % (Oct. 2014 – Mar. 2015)

Average Price of For Sale and Sold (Oct. 2014 – Mar. 2015)

Months of Inventory Based on Closed Sales (Oct. 2014 – Mar. 2015)

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