This market report is based on residential sales and residential land sales in Santa Fe County.
Residential - Market Growth
The Median Sales Price continues to grow and Average Days On Market continue to shorten. There was a drop in the number of Properties Sold which may be reflective of an inventory that has decreased.
Residential - Comparable Sales in Price Categories
Sales below $250,000 continue to drop as the availability of homes for sale in that price point diminishes. The strongest price point continues to be homes selling below $500,000.
Residential - Third Quarter Volume Comparison by Month
Steady growth as the year proceeds appears to be the pattern. It will be interesting to see if the trend continues through the