Monthly Market Update

Eldorado Area Market Update: October 1, 2012

During January - September 2012, 82 homes sold in Eldorado with a median  selling price of $298,500 vs. 76 homes sold with a median selling price of $319,000 during the same period 2011.

During January – September 2012, 37 homes sold in the Hwy. 285 area with a median selling price of $430,000 vs. 34 homes sold  with a median selling price of $388,500 during the same period 2011.

As of  October 1st in the Eldorado/Hwy. 285 area, the number of active homes decreased from 147 as of September 1st to 139 and the number of under contract homes increased from 23 to 28.

Check this site at the beginning of each month for the most up-to-date information on asking and selling prices in the Eldorado/285 area.

Eldorado Area Homes Sold, January – September, 2012
Eldorado Hwy 285 Area
Number by Price Range
$200,000 – 299,999 42 6
$300,000 – 399,999 27 8
$400,000 – 499,999 10 10
$500,000 – 599,999 3 8
$600,000 – 699,999 0 1
$700,000 – 799,999 0 3
$800,000 – 899,999 0 0
$900,000 – 999,999 0 0
$1,000,000 + 0 1
Total Number Sold 82 37
Median Days on Market 116 247
Median Selling Price, Year-to-Date $298,500 $430,000
Eldorado Area History – Sold Homes 2007 – 2011
Total Number Sold in 2011 108 50
Total Number Sold in 2010 98 52
Total Number Sold in 2009 97 31
Total Number Sold in 2008 98 33
Total Number Sold in 2007 142 59
2011 Median Selling Price $306,750 $388,500
(change from 2010) -7.7% -13.4%
2010 Median Selling Price $332,500 $448,700
(change from 2009) -4.2% -2.7%
2009 Median Selling Price $347,000 $461,000
(change from 2008) -4.4% -14.0%
2008 Median Selling Price $363,000 $536,000
(change from 2007) -10.9% -2.5%
2007 Median Selling Price $407,250 $550,000
Eldorado Area Active and Under Contract Homes, October 1, 2012
Active/Under Contract Active/Under Contract
Number by Price Range
$200,000 – 299,999 15/11 5/0
$300,000 – 399,999 24/6 13/3
$400,000 – 499,/999 18/4 16/2
$500,000 – 599,999 2/0 10/0
$600,000 – 699,999 0/1 10/1
$700,000 – 799,999 0/0 9/0
$800,000 – 899,999 0/0 1/0
$900,000 – 999,999 0/0 3/0
$1,000,000 + 0/0 13/0
Total Number 59/22 80/6
NOTE: This representation is based in whole or in part on data supplied by the Santa Fe Association of REALTORS or its Multiple Listing Service for the periods indicated above. Neither the Association nor its M.L.S. guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its M.L.S. may not reflect all real estate activity in the market.
A SantaFeSIR.com Broker - Design By santafewebdesign.com
Sotheby's International Realty Grant Office  326 Grant Avenue Santa Fe, NM 87501
Phone: 505.988.2533 Fax: 505.988.4492 Toll Free: 800.322.9852