On Santa Fe...and beyond

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Santa Fe Real Estate May 26, 2011 Market Moment

 EmilyMedvec_SantaFe_SunSet

The Santa Fe NM Multiple Listing Service Market Report or Snapshot is always a good indicator of activity and trends in our local market. The information is close to real time and today's report this evening revealed the following summary. The numbers will give you a glimpse into the current activity in our market represented by our local Santa Fe Association of Realtors Multiple Listing Service. They are numbers for the City of Santa Fe and surrounding communities.

Why moment? The data presented is a real time slice of dynamic information provided by the Santa Fe Association of Realtors Multiple Listing Sevice. It changes every hour. This data report is 8 PM today.  

This is what I learned happened today just while the sun was beginning to set over the Jemez Mountains.

  • 14 New Listings - Lowest Price Home $169,000   Highest Price Home $3,500,000
  • 8 Back on Market - Lowest Price Home $359,000   Highest Price Home $390,000
  • Price Increases - ZERO
  • 16 Price Reductions - Lowest Price Home Drop $217,000   Highest Price Home Drop $899,000 
  • 12 Pending Sales -  Lowest Pending $299,000  Highest Pending $6,975,000
  • 5 Solds - Lowest Price Sold $139,500   Highest Price Sold $445,000
  • 4 Expired (Rejected by Market)  Lowest Price  $84,900  Highest Price $249,00

The bottom line for anyone interested in taking advantage of our current buyer's market is to begin working with a qualified Buyer Broker and meet with a lender to learn about mortgage financing today and your real buying power. You could be the next "sold" number in my random market snapshot "moment" reports. If you love Santa Fe and want to live here, then let's get started on where you see the sun set.

The Santa Fe real estate market is a local one. Real estate news reports and trends in other communities does not apply here. Search all current properties here with a fast and easy list or map search. If you are thinking about selling your home or considering a lifestyle change in relocating to Santa Fe, I suggest you give me a call at 505-660-4541 to schedule a real estate consultation. No one has time or money to waste in this new landscape of real estate. I am available to help you and make a positive difference in your real estate experience. Remember, dreams can be made a reality when you act on them. Emily Medvec

Today, I work with buyers and represent sellers in all price ranges in Santa Fe and throughout northern New Mexico. My focus is to use my experience, vision and strategies to find you opportunities and solutions. My goal is always to save you time and money whether you are buying or selling any form of Santa Fe real estate, including homes, land, town homes, condominiums, ranches and commercial property.

Emily Medvec Copyright 2012 All Rights Reserved 2007-2012