Santa Fe NM: Real Estate Stats For Sellers and Buyers
By Emily Medvec, Broker | Realtor | Serving Santa Fe & Northern NM
(eXp Realty LLC)
Santa Fe Association of Realtors - news release of overall City and County of Santa Fe home sales statistics for the last quarter of 2016 tells the story of another shift in our Santa Fe real estate market and trends which appear to be looking up! Home sales increased by 16% with 388 units sold the last quarter of 2016 compared to 336 in the last quarter of 2015. (This increase appears to be continuing as Santa Fe experiences low inventory in 2017). The Santa Fe City median home price leaped 13% from $300,250 in the 4th quarter of 2015 to $339,928 in the last quarter of 2016. (If this trend continues more homeowners may decide to put their houses on the market in 2017). Santa Fe County revealed a different result. Home prices fell by about 10% in the last quarter of 2016 compared to 20...