Santa Fe Real Estate: Looking Back on 2012!

By
Real Estate Broker/Owner with eXp Realty LLC NM Broker License 16161

Santa Fe Real Estate: Looking Back on 2012!

EmilyMedvec_SantaFeRealEstate

You are probably wondering why I am looking back already on 2012. After all the year just started. Well it seems like it is moving at twice the speed of 2011 when it comes to working in real estate. Something has shifted and I looking for clues and your insights. I do not know if this is only about our Santa Fe real estate market or whether you are seeing shifts in your market. I see more activity from buyers. Either they are off the fence or they have finally discovered how to search for real estate online. I find sellers more interested in market statistics now than in 2011. My instincts told me something is different. It was time to check the numbers.

In the first 21 days of this new year, this is what the numbers say about activity in Santa Fe real estate for single family homes, town homes and condos in Santa Fe County.

  • 112 new listings for homes, town homes and condos
  • 91 properties in this category went pending, pending please show or pending bank approval
  • 55 properties in this category were SOLD, lowest sale price $80,000, highest sale price $3,000,000


It is clear Santa Fe real estate is beyond active and why it pays to look back often at the local market numbers for trends and activity. If anything, it is a way to show all real estate is local and something the national media news needs to remember in their headlines. What do you see in your local market? Are you experiencing a shift in activity?
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Posted by

Our Santa Fe real estate market is a local one. Search All Santa Fe Listings Here and get results in both an easy list or map search. If you want to see a SOLD sign on your property or you want to make a lifestyle change by moving here, call me 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 online. I am available to help you and make a positive difference in your real estate experience. Remember dreams are made a reality only when you act on them. Emily Medvec

Today, I represent Sellers and Buyers 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 selling or buying any type of Santa Fe real estate, including homes, land, town homes, condominiums, ranches and commercial property. Here are recent reviews from my past clients about my know-how and service. Until you are ready to Buy or Sell, let's connect and learn more about each other on Facebook or Twitter

Emily Medvec Copyright 2019 All Rights Reserved 2007-2019

Comments (10)

Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Emily, i love the title of your post and your stats are encouraging...we are seeing more houses listed again but buyers are being cautious...we still have a very high unemployment rate here which is stifling housing..good luck in 2012!

Jan 23, 2012 12:48 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Emily, this activity for early 2012 is a great sign of what is to come for the year!

Jan 23, 2012 04:10 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Emily,

First off I have to tell you I love that picture of Santa fe. Secondly the market activity in early January for your area is fantastic news and i hope it continues fr the rest of the year.

Jan 23, 2012 06:50 AM
Marge Piwowarski
Phoenix AZ Horse Property - Phoenix, AZ
Phoenix AZ Horse Property, LLC

Emily, things are looking up.  Gradually but moving in the right direction! 

Jan 23, 2012 11:02 AM
Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

These numbers are very promising Emily.  We are seeing the lowest inventory we have had in some time down here in Albuquerque.  Let's hope it keeps up for all of 2012

Jan 23, 2012 11:08 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Emily I am seeing more activity this year that last year, and I hear of others experiencing the same.  2012 is off to being an excellent year.

Jan 23, 2012 01:45 PM
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Realtor | Serving Santa Fe & Northern NM

Ginny, unemployment is an issue everywhere. For some reason, buyers in our market have seen value and are moving off the fence.

Joan, we are all crossing our fingers on the market. It is the shift in activity that caught my attention.

Robert, what Santa Fe is all about could be in part the reason for what appears to be a surge in activity.

Marge, moving beats stalling and hopefully the activity will bring more supply and demand back to the table.

Rich, ditto on low inventory and it appears supply and demand is returning to our New Mexico communities, at least Santa Fe and Albuquerque.

 

Jan 23, 2012 02:00 PM
Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

Emily - YES!! We shifted into overdrive in December and we are staying really busy. Our first closing last year was Feb 15. We have 5 scheduled for January and 3 more for February already. Hold on to your hat!

Jan 24, 2012 12:48 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Emily,

Yes, there is a shift, and we are delighted you are experiencing it.  As always we wish you continued success. A

Jan 24, 2012 02:00 AM
Karen Winters, Berkshire Hathaway HomeServices KoenigRubloff
Berkshire Hathaway HomeServices Koenig Rubloff Realty Group - Chicago, IL - Chicago, IL
Chicago, IL

Hi Emily,

I haven't seen direct evidence of it, but I am hearing that others in my area are seeing more buyers coming off the fence. I am hopeful that this is real and if so continues through the year.

Jan 24, 2012 03:54 AM

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