Do you ever wonder what can happen in real estate in 7 days? Today I got a call about Santa Fe? They wanted to know what happened in our local Santa Fe real estate in the past 7 days. They believed looking a real estate stats in a 7 day time stretch was a good indicator about what to do next. This is what I reported happened for land, home and condo properties in Santa Fe County, New Mexico in the past 7 days from today (November 30, 2015).
36 new properties arrived with prices ranges $140,000 to $2,900,000.
11 properties had price changes with price ranges from $140,000 to $1,245,000.
49 properties are currently under contract in price ranges from $120,000 to $2,578,000
31 homes were SOLD price ranges from $83,000 to $1,550,000.
What is your take?
What is I think 7 day time stats give you more of a realtime indication of the range of activity in our Santa Fe real estate market. The trend I see is our inventory contines to remain low given number of homes under contract or sold in past 7 days vs new properties on the market. In your experience do you see any value in this data snapshot? Given this trend in our market, if you have a property you want SOLD, let's talk.
If Santa Fe is on your radar to sell or buy, check out all properties on the market (click here).