Detailed Analysis Santa Fe Rea
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Santa Fe Real Estate Market - Single Family Homes
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First Quarter 2008 compared to First Quarter 2007
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Santa Fe - Northeast
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2008
|
2007
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Difference |
% change
|
|
Average Sale Price
|
$835,947
|
$863,167
|
-$27,220
|
-3.2%
|
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Median Sale Price
|
$710,000
|
$822,500
|
-$112,500
|
-13.7%
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Number of homes sold
|
15
|
18
|
-3
|
-16.7%
|
|
Santa Fe - Southeast
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2008
|
2007
|
Difference |
% change
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|
Average Sale Price
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$667,416
|
$739,463
|
-$72,047
|
-9.7%
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Median Sale Price
|
$588,054
|
$624,750
|
-$36,696
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-5.9%
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Number of homes sold
|
34
|
36
|
-2
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-5.6%
|
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Santa Fe - Northwest
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2008
|
2007
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Difference |
% change
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|
Average Sale Price
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$449,563
|
$536,886
|
-$87,323
|
-16.3%
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Median Sale Price
|
$288,875
|
$376,250
|
-$87,375
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-23.2%
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Number of homes sold
|
4
|
11
|
-7
|
-63.6%
|
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Santa Fe - Southwest
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2008
|
2007
|
Difference |
% change
|
|
Average Sale Price
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$299,171
|
$310,748
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-$11,577
|
-3.7%
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Median Sale Price
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$275,000
|
$295,250
|
-$20,250
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-6.9%
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Number of homes sold
|
49
|
62
|
-13
|
-21.0%
|
|
Santa Fe - Airport Road
|
2008
|
2007
|
Difference |
% change
|
|
Average Sale Price
|
$257,627
|
$273,926
|
-$16,299
|
-6.0%
|
|
Median Sale Price
|
$254,500
|
$255,000
|
-$500
|
-0.2%
|
|
Number of homes sold
|
36
|
37
|
-1
|
-2.7%
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South of I-25/Rancho Viejo
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2008
|
2007
|
Difference |
% change
|
|
Average Sale Price
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$410,601
|
$408,227
|
$2,374
|
0.6%
|
|
Median Sale Price
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$355,000
|
$404,003
|
-$49,003
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-12.1%
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Number of homes sold
|
19
|
39
|
-20
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-51.3%
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Old Las Vegas Corridor
|
2008
|
2007
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Difference
|
% change
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|
Average Sale Price
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$507,200
|
$903,000
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-$395,800
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-43.8%
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|
Median Sale Price
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$564,400
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$580,000
|
-$15,600
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-2.7%
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Number of homes sold
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4
|
7
|
-3
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-42.9%
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Old Las Vegas Corridor
|
2008
|
2007
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Difference
|
% change
|
|
Average Sale Price
|
$507,200
|
$903,000
|
-$395,800
|
-43.8%
|
|
Median Sale Price
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$564,400
|
$580,000
|
-$15,600
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-2.7%
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Number of homes sold
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4
|
7
|
-3
|
-42.9%
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|
Hwy 285
|
2008
|
2007
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Difference
|
% change
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|
Average Sale Price
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$616,375
|
$606,722
|
$9,653
|
1.6%
|
|
Median Sale Price
|
$577,500
|
$570,000
|
$7,500
|
1.3%
|
|
Number of homes sold
|
8
|
9
|
-1
|
-11.1%
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|
Eldorado
|
2008
|
2007
|
Difference
|
% change
|
|
Average Sale Price
|
$413,235
|
$423,750
|
-$10,515
|
-2.5%
|
|
Median Sale Price
|
$376,500
|
$420,000
|
-$43,500
|
-10.4%
|
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Number of homes sold
|
22
|
31
|
-9
|
-29.0%
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|
Tesuque/NE City Limits
|
2008
|
2007
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Difference
|
% change
|
|
Average Sale Price
|
$3,381,449
|
$1,179,167
|
$2,202,282
|
186.8%
|
|
Median Sale Price
|
$3,125,000
|
$1,000,000
|
$2,125,000
|
212.5%
|
|
Number of homes sold
|
3
|
6
|
-3
|
-50.0%
|
|
Las Campanas
|
2008
|
2007
|
Difference
|
% change
|
|
Average Sale Price
|
$1,461,688
|
$1,329,038
|
$132,650
|
10.0%
|
|
Median Sale Price
|
$1,400,000
|
$1,222,500
|
$177,500
|
14.5%
|
|
Number of homes sold
|
7
|
13
|
-6
|
-46.2%
|
|
NW City Limits
|
2008
|
2007
|
Difference
|
% change
|
|
Average Sale Price
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$744,659
|
$794,704
|
-$50,045
|
-6.3%
|
|
Median Sale Price
|
$683,500
|
$725,000
|
-$41,500
|
-5.7%
|
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Number of homes sold
|
22
|
31
|
-9
|
-29.0%
|
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The above information was supplied in whole or in part through the Multiple
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Listing Service of Santa Fe Association of Realtors, and is presumed
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to be accurate. Broker cannot warrant accuracy of information. Data
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maintained by SFAR MLS may not reflect all real estate activity in the
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market.
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Leslie Muth
City Different Realty
1709 Paseo de Peralta
Santa Fe
NM
87501
© 2003 – 2010 Real Pro Systems, LLC
Last modified 7/30/2010