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2020 Santa Fe Housing Report
The Santa Fe Housing Report is a comprehensive and neutral study of our real estate market. This report is helpful for home buyers and sellers as well as business owners, community leaders, and non-profit organizations.
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Santa Fe 2020 Third Quarter Real Estate Reports
Hits: 83Lack of inventory is again the theme for the third quarter. The market continues to roar as buyers jump on everything that hits the market forcing prices further and further up. Median home prices in the City of Santa Fe grew by 16% from $396,500 in the 3rd Quarter of 2019 to $461,500 this […]
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Santa Fe Real Estate First Quarter Reports 2020
Hits: 60All eyes are on the real estate market to see what will happen as a result of the coronavirus and the crash of the stock market. The first quarter data here will be the last report that is not affected by the pandemic so it will be worth coming back to at a later […]
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A time of transition
Hits: 51Over the next month or so this blogsite will undergo some changes in authorship and management. Eventually the style and design will likely change also, but that will be up to the new administrators. A little review; many years ago I started a monthly newsletter with information about Santa Fe residential real estate. It […]
Continue readingReal estate has (maybe) never been hotter
Hits: 34Remind me when the residential real estate market in Santa Fe NM has ever been as “hot” as it is today. Maybe my memory is failing, but we have never seen absorption rates this low (number of months to sell existing inventory) and I know of no other measure that is as accurate in […]
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Pushing uphill
Hits: 17We cannot just roll along but must push uphill in order to get into a home or to help a purchaser buy. The lack of inventory is scary and sales would see even higher numbers if more product were available to buy. New highs were set again last month: most sales above $1 million […]
Continue readingSame song, different verse
Hits: 15Take a quick look at the most recently updated statistics on this blog site and tell me, honestly, if you think sales units would be down if there was a selection of homes for buyers looking under $500,000. Go ahead, I’ll wait. It is not pleasant to report that sales are down, but they […]
Continue readingHow can it be so thin?
Hits: 19Just how can the capital city of New Mexico, with somewhere above 75,000 residents plus a bunch of part timers, be so short of inventory in homes available for sale? What do buyers do when they want to buy a home in Santa Fe? First, they watch to learn how the market is behaving. […]
Continue reading2018 in review = part one
Hits: 24Actually in the rear view mirror, we’ll now look at 2018 for statistics relevant to Santa Fe residential real estate. I’ll point out a few things available for you to see on the spreadsheets and charts I have posted (see left margin for access to same). An annual posting known as Fourth Quarter Sales […]
Continue readingSteady as you go
Hits: 15I am pleased to share updated statistics about the Santa Fe residential real estate market in this autumn season of 2018. You will find several spreadsheets and reports available for viewing (and printing) on the left side of each of the blog pages you wish to view. Please note the consistency of finding out […]
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