Santa Fe Real Estate Stats August 2009

By Anthony • August 7th, 2009

Santa Fe Home Market

Santa Fe MLS, 2nd Quarter Stats 2009

City – single family

NE 1   17 sold, $617,500 median price

NW2  13 sold, $370,373

SE 3   27 sold, $580,00

SW 4N,4S,13   59 sold, $250,000

Total City       116 sold, $307,500

County Single Family

N 15,16  4 sold, $395,000

NW24,25   26 sold, $724,000

SE 5,7,8,14,26   41  sold, $432,500

SW 6,11,12,27   27 sold, $355,000

Total County Homes  98 sold, $450,000

Eldorado Homes  22 sold, $423,250

Total City/County Homes  214 sold, $402,057

Note this information provided by Santa Fe Association of Realtors MLS. SFAR is not responsible for it’s accuracy and MLS may not reflect all real estate activity in the market.

Santa Fe Association of Realtors, 2nd quarter sales stats indicate the total volume of real-estate sales has taken quite a drop since 2006, where 2008 sales volume was almost back to 2002 sales volume.

This means fewer buyers in the marketplace and pricing is negotiable.

This also means buyers are financially qualifying for less and banks requiring larger downpayments on home mortgages.

Timing for the astute Santa Fe real estate investor -

THERE HAS NEVER BEEN A BETTER TIME TO BUY IN SANTA FE.

La Pradera, BT Homes

La Pradera, BT Homes

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Copyright © 2009 Anthony Atwell