Take a look at the statistical data for the Santa Fe real estate market compiled by our three expert Santa Fe Real Estate Consultants
Current Absorption Rates
Calculations based on use of the following variables: # of homes listed for sale as of 12-31-11 in Santa Fe Association of Realtors MLS – and # of homes sold and entered into MLS database in the most recent 12 months.
Continue reading→Luxury home sales picking up?
Is that a glimmer of hope you see with the most recent sales numbers for upper end homes? For the first time since 2004, the absorption rate for homes above $1,000,000 in the Santa Fe, NM market area is now down to slightly more than two years. This is the length of time
Continue reading→Recent presentation on Santa Fe and USA housing
Within the last month I was fortunate to be able to attend and listen to an important presentation on housing,
Continue reading→What is an Absorption Rate?
A little housekeeping; and explanation and definition of a statistic I throw around freely – Absorption Rate. Every month I post four spreadsheets that show a direct comparison between the number of homes for sale and the number that have been sold in the last 12 months. This illustrates the length
Continue reading→Some sales charts to soothe your statistical craving
NEW chart posted showing 3rd quarter residential sales from 2001 thru 2010 in Santa Fe city and county. Note the totals overall and in each range are still lagging behind recent years. Which brings up another subject: just how valuable and reliable and useful are home sales stats from say 5 years ago when anyone […]
Continue reading→Monthly sales stats updated
I have posted my freshly updated chart of monthly residential (look for link on your right) real estate statistics for Santa Fe, NM city and county. This information comes from the Santa Fe Association of Realtors database and is deemed reliable but is not guaranteed. As time permits please feel free to check back here […]
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