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 - Second 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 Summer and