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 July, 2014. These statistics are for all Santa Fe residential home sales including single-family homes, condos, and townhomes.
There were a total of 170 home sales in July, up from June, which was 161. Prices ranged from $65,900 to $2,625,000. Total sales volume for July was $74,319,368, up from June which was $67,022,452. The average sold to list price was 96.73 percent. 37 percent of the sales were cash transactions. These transactions accounted for 40 percent of the total sales volume.
The average sales price in July was $437,172, up from June, which was $416,288. The median sales price for July was $345,000, up from June’s median of $310,000. The average number of days on the market in July was 168 and June’s was 188.
Here is how number of sales per price-band reported in July 2014:
- 86 homes sold for under $350,000
- 39 homes sold from $350,001 to $500,000
- 35 homes sold from $500,001 to $1,000,000
- 10 homes sold from $1,000,001 to $2,625,000
There was an increase in sales in the $350,000 – $1,000,000+ ranges.