Real Estate by the Numbers
By Abigail Davidson CRS, ABR, SRES, CLHMS, CNE, Broker Associate, Sotheby’s International Realty
The following information has been compiled to provide you with updated information on sales in Santa Fe and its surrounding areas for June, 2014. These statistics are for all Santa Fe residential home sales including single-family homes, condos, and townhomes.
There were a total of 161 home sales in June up from May’s total of 138. Prices ranged from $29,900 to $3,475,000. Total sales volume for June was $67,022,452, up from May’s figure of $59,624,461. The average sold to list price was 95.81 percent. 43 percent of the sales were cash transactions. These transactions accounted for 52 percent of the total sales volume.
The average sales price in June was $416,288, down slightly from May’s figure of $432,061. The median sales price for June was $310,000, up from May’s median of $293,337. The average number of days on the market in June was 188 and May’s was 171.
Here is how number of sales per price-band reported in June 2014:
- 97 homes sold for under $350,000
- 24 homes sold from $350,001 to $500,000
- 33 homes sold from $500,001 to $1,000,000
- 7 homes sold from $1,000,001 to $3,475,000