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.
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In March, Eldorado saw its highest average sold price in history at 813K.
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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.
In March:
6 Active Listings
15 Under Contract
9 Sold
$334 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 $333 – $380 in the last six months. Keep in mind this is the average – some homes have a much lower price per square foot and some have a much higher number.
100% – is the average of what sellers received on their listing price. This is based on the original price of the property, not the reduced price. This has ranged from 92% – 100%.
23 – were the average days on the market in March. This has ranged from 21 – 74 in the last six months. This is the number of days it took for sellers to accept a contract, not to close.
802K – average listing price.
813K – average sold price. HIGHEST AVERAGE SOLD PRICE IN ELDORADO HISTORY
0.7 months of inventory. This means the length of time it would take to sell all the homes on the market at the current rate of sales.
If you would like to discuss the current state of the Eldorado market or have questions about this wonderful neighborhood, please don’t hesitate to contact me.
| Number of Homes For Sale vs. Sold vs. Pended (Oct. 2024 – Mar. 2025) |
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| Average Price per SQFT (Sold) (Oct. 2024 – Mar. 2025) |
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| Avg Days On Market & SP/Orig LP % (Oct. 2024 – Mar. 2025) |
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| Average Price of For Sale and Sold (Oct. 2024 – Mar. 2025) |
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| Months of Inventory Based on Closed Sales (Oct. 2024 – Mar. 2025) |
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