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Santa Fe NM: First Quarter 2017 Real Estate Takes Off!
Santa Fe Association of Realtors - news release  Santa Fe home sales statistics for the lst Quarter of 2017 show UPWARD shift in our Santa Fe real estate market and trends which appear to be heating up in some areas and flying off the MLS in others. The bottom line is the lst Quarter 2017 takes off with the upward shift in both sales and prices. In fact, the market continues to have a record low number of inventory homes looking back for the past 10 years! 
Total Santa Fe home sales increased by 16% with 458 units sold this quarter compared to 395 units sold in the lst Quarter of 2016. City of Santa Fe home sales increased by 26% with 196 units sold this quarter compared to 155 units in the lst Quarter of 2016. Santa Fe County continued to reveal a different result. Home prices fell by 8% this quarter compared to 2016 or from $434,250 in the lst Quarter of 2016 to #399,900 in the lst Quarter of 2017. Condos and townhome sales are showing some heat. The median price of condos and townhomes rose by 7% from $210,000 in the lst Quarter of 2016 to $225,000 ... more

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