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Santa Fe Real Estate Scene
April 2007

Broker Remarks

New 2007 listings now available in Santa Fe, New Mexico. Spring is best time to visit Santa Fe to see the gem homes and condos, they will not last long in our popular marketplace. Keep in mind Santa Fe tourist season begins May 2007 and always draws real estate investors to Santa Fe.

Status of the Santa Fe market

In column to right see median values by area and current sales.

MLS home statistics for Santa Fe & Santa Fe City Limits, March 2007:

Price Range

Current # Listings

Avg # Sales
Per month

Selling Price
% of list price

Avg days on market

Remaining Months
Inventory

100K-300K

28

29

97

118

1.56

301K-500K

72

46

98

150

4.00

501K-800K

63

34

98

197

2.74

801K-1.1mil

29

14

94

292

3.22

1.2mil-5 mil

35

10

94

365

3.89

Comments: Santa Fe, Single Family Home Market 3/07
Demand remains strong, sold/list pricing remains very strong, inventory reflects new listings 2007. Prices will continue to rise.
MLS, Single Family Home, Areas: 1-3,4N,4S,5-7,10-11,13-15,24-27
 

Tip of the Day – Call Gary Miller for your complimentary financial pre-qualification, 505-920-4239.

Spring in Santa Fe
Real Estate benefits versus Stock benefits...

  1. Real estate is far less volatile than the stock market.
  2. Real estate has superior tax benefits.
  3. Real estate can generate significant cash flow.
  4. Real estate allows investors a high degree of leverage with lower risk.
  5. Real estate appreciates because housing is a universal need, long term growth trend as populations grow and resources shrink.

"Create Wealth Through Santa Fe Real Estate”
Call Broker Atwell Now, 505-670-2177

Click here to search the MLS.




Santa Fe Properties for Sale

Cruz Blanca Court, Santa Fe, b2004, 3986 sqr/ft, 3 bedroom, 3 bath, 3.3 acres, $2,400,000Click to View This Fabulous Property!

Nestled in some huge Ponderosa Pines, ten minute drive to the Santa Fe Plaza. This home has it all – 180 views of Santa Fe and Rio Grande Valley, privacy on 3.3 acres, gated community, security, five kiva fireplaces, covered deck with grill area, kitchen withkiva fireplace, flagstone flooring with radiant heated, plastered walls, wired for the latest entertainment centers, and more!

Click image above right to view more information and an online video clip

Click to View This Fabulous Property!


6 Praire Vista, Santa Fe, b 2003, 1600 sqr/ft, 3 bedroom, 2 bath, 2.51 acres, horses allowed, $459,000

 

Click to View This Fabulous Property!6433 Cerros Grandes Dr, Santa Fe, b 2004, 2106 sqr/ft, 4 bedroom, 3 bath, .29 acre, $375,000



 

Listing Tips

  • Complimentary Home Market Analysis
  • Complimentary Pre Listing Package
  • Strategic Internet Presence
  • Proven Marketing Campaigns
  • Consistent and Responsive Communication
  • Pricing and Negotiation Strategies
  • Seller Tips, see http://www.santafeone.com/articles/sellers.html
Call Broker Atwell Now, 505-670-2177.
or email tony@santafeone.com

Statistics


Santa Fe Association
of Realtors
2007 First Quarter
Santa Fe Area

Existing and new single family detached home sales:

City of Santa Fe (MLS codes)

Northeast, 01
16 sold, median price $850,000
Northwest, 02
10 sold, median price $373,125
Southeast, 03
31 sold, median price $625,000
Southwest, 04, 04N, 04S, 13
85 sold, median price $275,000
Total City of Santa Fe
142 sold, median price $354,125

Santa Fe County

North, 15, 16
11 sold, median price $625,000
Northwest, 24, 25
43 sold, median price $815,000
Southeast, 05, 07, 08, 10, 14, 26
53 sold, median price $475,000
Southwest, 06, 11,12, 27
48 sold, median price $380,000
Eldorado, 14
29 sold, median price $411,000
Total Santa Fe County
197 sold, median price $425,000

Condo/Townhome  City and County
85 sold, median price $311,250
Duplex, Xplex  City and County
6 sold, median price $702,500
Mobile/Manufactured City and County
7 sold, median price $190,000

Note: The City of Santa Fe and Santa Fe County offer homes and land for all levels of buyers and sellers.

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. Neither the Association nor its MLS guarantees or is any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

Finance


New Mexico Mortgage Brokers
Call or email today for your free financial pre-qualification.

Gary Miller, Santa Fe Mortgage Source
1-877-982-9530 toll free, gary@santafemortgagesource..com

Chuck Watkins, The Watkins Group,
505-989-9900,
charles@watkinsgroup.biz

Patrick Baldonado, First National Bank of Santa Fe,
505-992-2266,
PBaldonado@1stnationalbanknm.com

Whitney Smith, Wells Fargo Home Mortgage,
505-319-1908,
whit.smith@wellsfargo.com

Troy Lepisto, Countrywide Home Loans
505-995-3138,
Troy_lepisto@countrywide.com

Interest rates, See www.Bankrate.com

Jobs in Santa Fe

Check out this job resource page, loaded with essential job and relocation information.

Also:
http://www.santafehasjobs.com/
http://newmexicojobs.com/

Santa Fe Resources

Government, Non Profit, Schools, Jobs, Media, Finance, Appraisal, Inspection, Title, Survey, Moving, Utility, Contractors & Construction, Wells, Design, Home Services, Property Management, Transportation, Hotels & Motels, Arts & Recreation.
Santa Fe Resources

Inside Santa Fe www.insidesantafe.com
Santa Fe Visitors Guide, www.santafe.org

If you cannot facilitate your inquiries, contact us and we will help you - info@santafeone.com

RE/MAX Capital Realty services: City of Santa Fe, and the following counties: Santa Fe County, Rio Arriba County, Mora County. Other cities and towns include: Santa Fe, Los Alamos, Espanola, Abiquiu, Medanales, Alcalde, Dixon, Pojoaque, Tesuque, Las Campanas, Nambe, Chimayo, El Dorado, Glorietta, Pecos, Hwy 285, Galisteo, Lamy, Hwy 14, Cerrillos, Madrid, Rio Chama, Rio Grande, Pecos River and more!

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Member, National Association of Realtors  Accredited Buyer Agent  RE/Max Capitol
  Certified Residential Specialist
  Anthony Atwell, Jr.   ABR, CRS, ePRO
505-670-2177,

RE/MAX Capital - Each Office Independently Owned and Operated
411 St. Michaels Dr. Ste. 3, Santa Fe, New Mexico, 87505 505-988-4688

 

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