Eldorado at Santa Fe's real estate market is experiencing a price correction, with values down 7.9% from last year. The median home price in Eldorado at Santa Fe currently stands at $668,000. With 2.9 months of supply, Eldorado at Santa Fe's inventory levels remain relatively tight. Homes are now taking an average of 79 days to sell, significantly longer than the 44 days typical for this market. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 14.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Eldorado at Santa Fe market with the affordability index at 503.8. Based on current market indicators, home prices in Eldorado at Santa Fe are projected to decrease by approximately 3.3% over the next month.
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