Santa Fe, NM Land Values

By Anthony • August 19th, 2009

For those of you thinking about building in Santa Fe years from now, realize the value of Santa Fe land has never been more attractive today.

Below, compare the total 2008 values to total 2009 values and you will realize significant price reductions.

Looking down on Santa Fe, Ski Basin Rd

Looking down on Santa Fe, Ski Basin Rd

As an investor, realize land in Santa Fe, New Mexico  is a dwindling resource and ultimately prices will rise.  Santa Fe is surrounded by: National Forest, State Land, BLM Land, and Pueblo Land. Unlimited growth is not in Santa Fe’s future.

Investors, also know there are land construction loans available where you buy land now and build in 3-5 years. Ask a mortgage broker to quote you the latest land construction loans.

Nave Ade, SW Santa Fe

Nave Ade, SW Santa Fe

City Land

NE    None the market 2009,  $399,000 median price 2008

NW $400,000 median price 2009, $380,000 median price 2008

SE  $295,000 median price 2009, $285,000 median price 2008

SW $120,000 median price 2009, $102,000 median price 2008

TOTAL CITY $160,000 median price 2009, $286,000 median price 2008

Santa Fe County NW

Santa Fe County NW

County  Residential Land

N   $103,000  median price 2009, $382,000 median price 2008

NW $149,900 median price 2009, $185,000 median price 2008

SE $130, 500 median price 2009, $180,000 median price 2008

SW $155,000 median price 2009, $137,500 median price 2008

Total County $149,900 median price 2009, $180, 000 median price 2008

Total City County $152,000 median price 2009, $195,000 median price 2008

SW Santa Fe County

SW Santa Fe County

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Copyright © 2009 Anthony Atwell