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Simply put, Lisa Smith managing the sale of my house was a gift that I will cherish the rest of my life.  Lisa is a woman of few words, and all action and results. She sold my house in one day. She managed every aspect of the escrow superlatively, informing me of actions needed, and always provided outstanding direction, with the most frequent comment being that she had already taken care of it.  It was the perfect escrow. We even closed a week early.  Lisa is one of the smartest, most capable and caring people I have ever encountered. I made a decision early on to just trust her 100%:  to follow her direction and advice without question. It was one of the best decisions I ever made.  She exceeded my highest expectations on a daily basis. There are not words to adequately praise Lisa Smith. And probably equally as valuable as her brilliant execution, Lisa has a heart of gold. My needs were truly No. 1.  It simply doesn’t get any better than Lisa Smith.
Robin Hale, Calabasas, CA

Eldorado Real Estate Report – March – August 2017

Eldorado Real Estate Report – March – August 2017

Here is the monthly Eldorado Real Estate Report covering the last six months from March through August 2017. Inventory of available properties continues to increase slowly, the rate of sales is brisk. Our neighborhood continues to be popular with folks who appreciate the land, views, biking, hiking and the pool, parks and shopping. The way Days on Market is calculated has changed so it looks drastically shorter than it used to. The Santa Fe MLS now stops counting when a home goes under contract.
 
32 Active Eldorado Properties 

18 Homes Under Contract

25 Sold

– $219 was the average price per square foot in August. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot. This average has ranged from $198 – $225 in the last six months. Some properties sell for as low as $119 and as high as $294.

****29 were the average days on the market last month. *** The Santa Fe MLS has changed the way Days on the Market are reported. You will see here on the graph that the last 5 months have decreased dramatically. No longer are the days counted in which a property is under contract. Which could be 14-65 days typically. Days on the market are stopped the day a seller accepts an offer.

– 98% is the sales price vs. listing price for August. 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 97% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive. The 100% figure takes into account that some homes sold above the listing price.

– 415K was the average listing price last month. The average sales price was 408K.

– 1.3 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. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss the current state of the very active Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Mar. 2017 – Aug. 2017)
Average Price per SQFT (Sold) (Mar. 2017 – Aug. 2017)
Avg Days On Market & Sold/List Price % (Mar. 2017 – Aug. 2017)
Average Price of For Sale and Sold (Mar. 2017 – Aug. 2017)
Months of Inventory Based on Closed Sales (Mar. 2017 – Aug. 2017)
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 September 2017, based on data available at the end of August 2017. 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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Cloud on Avenida Vista Grande

Cloud on Avenida Vista Grande

I have never taken a photo of a cloud before, but this one was so unbelieveable. Fifteen year old son said it looked like a nuclear blast, I suggested the mothership landing to take us home.

Amazing Cloud!

Amazing Cloud!

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Eldorado Real Estate Report – Feb. – July 2017

Eldorado Real Estate Report – Feb. – July 2017

Here is the monthly Eldorado Real Estate Report covering the last six months from February through July 2017. Inventory of available properties continues to increase slowly, the rate of sales is brisk. Our neighborhood continues to be popular with folks who appreciate the land, views, biking, hiking and the pool, parks and shopping.

32 Active Eldorado Properties 

19 Homes Under Contract

9 Sold

– $192 was the average price per square foot in July. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot. This average has ranged from $173 – $225 in the last six months. Some properties sell for as low as $119 and as high as $250.

****18 were the average days on the market last month. *** The Santa Fe MLS has changed the way Days on the Market are reported. You will see here on the graph that the last 5 months have decreased dramatically. No longer are the days counted in which a property is under contract. Which could be 14-65 days typically. Days on the market are stopped the day a seller accepts an offer. 

– 97% is the sales price vs. listing price for July. 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 95% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive. The 100% figure takes into account that some homes sold above the listing price.

– 418K was the average listing price last month. The average sales price was 364K.

– 3.6 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. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss the current state of the very active Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Feb. 2017 – Jul. 2017)
Average Price per SQFT (Sold) (Feb. 2017 – Jul. 2017)
Avg Days On Market & Sold/List Price % (Feb. 2017 – Jul. 2017)
Average Price of For Sale and Sold (Feb. 2017 – Jul. 2017)
Months of Inventory Based on Closed Sales (Feb. 2017 – Jul. 2017)
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Eldorado Living – July 2017

This is the Real Estate Beat column in the July Eldorado Living Magazine. These two have some of the most amazing real estate juju I have ever worked with. Enjoy!

Eldorado residents tell their real estate story

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Eldorado Real Estate Report – Jan. – June 2017

Eldorado Real Estate Report – Jan. – June 2017

Hello All –
Here is the monthly Eldorado Real Estate Report covering the last six months from January through June 2017. Inventory of available properties continues to increase, the rate of sales is steady. Our neighborhood continues to be popular with folks who appreciate the land, views, biking, hiking and the pool, parks and shopping.

39 Active Eldorado Properties 

16 Homes Under Contract

15 Sold

– $219 was the average price per square foot in June. Remember this number depends on a wide range of factors –  the size of the house, age, quality of the finishes, views, heating, construction, etc. The larger the house, the lower the price per square foot. The smaller the house, the higher the price per square foot. This average has ranged from $173 – $225 in the last six months. Some properties sell for as low as $119 and as high as $250.

56 were the average days on the market last month. This includes the number of days the property was under contract which is typically 30-45 days. This has ranged from 51 – 188 in the last six months. Homes sold quickly when priced correctly and properly prepared for sale. 

– 98% 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 95% – 100% for the last six months. The sooner a property goes under contract, the closer to the listing price the seller is likely to receive. The 100% figure takes into account that some homes sold above the listing price.

– 412K was the average listing price last month. The average sales price was 402K.

– 2.6 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. Eldorado remains a popular and in-demand neighborhood.

If you would like to discuss the current state of the very active Eldorado market, or have questions about this beautiful neighborhood, please let me know.

Number of Homes For Sale vs. Sold vs. Pended (Jan. 2017 – Jun. 2017)
Average Price per SQFT (Sold) (Jan. 2017 – Jun. 2017)
Avg Days On Market & Sold/List Price % (Jan. 2017 – Jun. 2017)
Average Price of For Sale and Sold (Jan. 2017 – Jun. 2017)
Months of Inventory Based on Closed Sales (Jan. 2017 – Jun. 2017)
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 2017, based on data available at the end of June 2017. 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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Report: Santa Fe-Area Home Sales Remain Strong

 

Halfway through 2017, home sales remain robust in the Santa Fe market, with closed transactions up more than 9 percent through June and median prices in both the city and county up over last year’s numbers.

The Santa Fe Association of Realtors said Wednesday in its quarterly market report that second-quarter sales — in April, May and June — rose 7.2 percent in the city of Santa Fe, with a median price of $325,000, up 7.4 percent from a year earlier.

During this same period, county home prices rose by 10 percent to $465,000.

The second quarter was especially strong for sales of condominiums and town homes, one indication that baby boomers are still looking to downsize. The share of the market for those units is small in Santa Fe, but closed sales during the quarter increased 25 percent from a year ago, to 116.

While the number of new listings in the Santa Fe region has declined recently, the total inventory of homes for sale in the Santa Fe market stands at 1,711. That is up slightly from the end of March but about where it was 12 months ago.

Alan Ball, the qualifying broker at Keller Williams Santa Fe, said the market is balanced in most price ranges.

“Overall the market is somewhat balanced, with the usual strong and weak pockets. One who wishes to sell a home should find enough of a pool of buyers to make a deal,” he wrote in a recent blog posting about Santa Fe home sales. “Prospects who are considering our area will have a reasonable amount of inventory to shop.”

But there is one sign that less inventory might be having some impact. The count of properties for which contracts have been accepted, pending sales, dropped 25 percent in the second quarter, to 560 from 753.

If that trend continues, it would dampen sales for the remainder of the year.

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Lisa Smith reviews

Lisa Smith

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Reviews on Zillow
2967612
"Lisa is competent and professional. She knows her facts or will quickly find out. She is in close communication with her clients -always in a pleasant ... more "
5.0/5.0
by suzannewolinsky
2966854
"Lisa Smith (Santa Fe Properties) was extremely helpful throughout the escrow period. She sent me an e-mail of the property on October 29th. By ... more "
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by Peter Sitz
2909280
"Lisa helped us sell a home with a challenging layout. She kept us motivated and through her networking skills, helped us to sell! She is a "no ... more "
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