Red River NM Real Estate Market Update

By
Real Estate Agent with Resort Realty Red River New Mexico

Red River Real Estate July 2009 Market Update   This year the Red River real estate market appears to be promising with nineteen sold properties and an additional five pending.  Last year Resort Realty was #1 at selling Red River real estate and continues to remain on top in 2009.  Mortgage rates are low and it is a great time to buy your Red River vacation home.  We have several great cabins and vacation homes to choose from.  Check out all the Red River buyer resources we have on our website. If you are considering selling your Red River home, condo, land or business contact us at Resort Realty and check out our #1 Marketing Plan to sell your property fast!  

www.BuyRedRiver.com  
 

Active Red River Listings Average Price Average Days on Market Single Family Condo's

Town-

house

Lots

Land

Unimpr.

Lots

Land

Impr.

Lots

Land

Comm.

Comm. Other Fract.
124 $281,191 285 53 19 5 28 11 1 2 1 1

                                       Under Contract 7/29/09 Total: 5  

Type Contract Date List Price Selling Company
Single Family 6/18/09 $375,000 Remax
Land 7/10/09 $77,500 Resort Realty
Single Family 7/14/09 $405,000 Remax
Single Family 7/22/09 $265,000 Resort Realty
Single Family 7/23/09 $175,000 Resort Realty

                                   Sold 1/1/09 through 7/29/09 Total: 19  

Sales Price Stats 2009- High $430,000   Low $35,000   Average $168,838   Median $150,250
 

Type Sold Date Sold Price Selling Company
Condo 2/23/09 $35,000 Calhoun Real Estate
Condo 2/16/09 $52,000 Calhoun Real Estate
Townhouse 1/13/09 $99,900 Bella Tierra/Angel Fire
Condo 2/13/09 $105,000 Resort Realty
Condo 2/13/09 $110,000 Resort Realty
Comm/Industrial 2/13/09 $115,000 Bandana Real Estate
Condo 4/8/09 $142,500 Non MLS
Single Family 2/11/09 $200,000 Remax
Single Family 2/25/09 $393,000 Resort Realty
Single Family 2/11/09 $430,000 Remax
Single Family 4/24/09 $269,000 Resort Realty
Townhouse 6/19/09 $165,000 Resort Realty
Townhouse 6/24/09 $174,000 Resort Realty
Townhouse 6/24/09 $205,800 Resort Realty
Condo Muskie 6/29/09 $80,000 Resort Realty
Condo Watson 7/9/09 $84,900 Resort Realty
Condo  Clayton 7/12/09 $70,000 Resort Realty
Single Family 7/13/09 $265,000 Resort Realty
Townhouse Rice 7/15/09 $158,000 Resort Realty

   (Source: Taos County Association of Realtors.  Tcar does not guarantee or is in any way responsible for its accuracy.  Data maintained by TCAR may not reflect all real estate activity in the market.)    Go to www.BuyRedRiver.com to view all property listed on Taos county Board of Realtors MLS system... From foreclosures to mountain cabins we have every listing on the MLS.  NO REGISTRATION REQUIRED. 

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