Ask Sonny The Real Estate Hound

Stunning Las Campanas Property

2007-11-20T12:48:00.000-08:00

It's hard to say what will strike a prospective buyer most about this 4050 Sq.Ft. Las Campanas home and casita. But, the stunning views from this home will be unforgettable. Located at The Pueblos, this simply superb McDowell built rastra block home on the 1st fairway has unbeatable Sangre and Jemez Mt.views.

$1,635,000 3 Eagle Feather Court MLS # 707887 4 Bedrooms 4 Baths 4050 sq. Ft. .36 Acres
	To take a video tour, use http://homes.realtor.com/realestate/santa+fe-nm-87506-1091788516/

July Sales Report

2007-08-08T20:46:00.000-07:00

July 1 – July 31, 2007 Sales Activity

What’s the market been like over the past month?

At this time, there are 1122 houses for sale in the City of Santa Fe and 842 homes for sale in the County. (House is a single-family, townhouse, or condominium.)

City Home Sales
There were 86 houses sold from July 1 through July 31, 2007. They had a median sales price of $360,000. This compares with 118 sales during the same period in 2006. In 2006, the median sales price for this period was $311,250.

County Home Sales
There were 67 houses sold from July 1 through July 31, 2007. They had a median sales price of $417,500. This compares with 51 sales during the same period in 2006. In 2006, the median sales price for this period was $524,000.

Las Campanas Home Sales
There were 2 houses sold from July 1 through July 31, 2007. They had a median sales price of $1,135,000. This compares with 5 sales during the same period in 2006. In 2006, the median sales price for this period was $1,055,000.

Las Campanas Lot Sales
There were 5 Lots sold from July 1 through July 31, 2007. They had a median sales price of $255,000. This compares with 6 sales during the same period in 2006. In 2006, the median sales price for this period was $231,500.

Eldorado Area and HY 285 Home Sales
There were 15 houses sold from July 1 through July 31, 2007. They had a median sales price of $400,000. This compares with 10 sales during the same period in 2006. In 2006, the median sales price for this period was $379,000.

April 15 – May 15, 2007 Sales Activity

2007-05-17T08:30:00.000-07:00

What’s the market been like over the past month?

At this time, there are 1001 houses for sale in the City of Santa Fe and 831 homes for sale in the County. (House is a single-family, townhouse, or condominium.)

City Home Sales

There were 91 houses sold from April 15 through May 15, 2007. They had a median sales price of $334,000. This compares with 96 sales during the same period in 2006. In 2006, the median sales price for this period was $350,000.

County Home Sales

There were 51 houses sold from April 15 through May 15, 2007. They had a median sales price of $600,290. This compares with 72 sales during the same period in 2006. In 2006, the median sales price for this period was $424,000.

Las Campanas Home Sales

There were 5 houses sold from April 15 through May 15, 2007. They had a median sales price of $1,258,267. This compares with 4 sales during the same period in 2006. In 2006, the median sales price for this period was $1,412,500.

Las Campanas Lot Sales

There were 4 Lots sold from April 15 through May 15, 2007. They had a median sales price of $233,293. This compares with 6 sales during the same period in 2006. In 2006, the median sales price for this period was $205,750.

Eldorado Area and HY 285 Home Sales

There were 19 houses sold from April 15 through May 15, 2007. They had a median sales price of $470,000. This compares with 20 sales during the same period in 2006. In 2006, the median sales price for this period was $385,000.

1st Quarter 2007 Las Campanas Sales

2007-04-30T14:19:00.000-07:00

Whether for land or for housing, Las Campanas has finally arrived as a Real Estate shopping destination. Greater product mix, a world class equestrian facility and the proposed development of a commercial service center have contributed to the luxury development’s newly emerging appeal.

1^st Quarter 2007 Las Campanas Lot Sales Steady

Sales of Las Campanas lots have maintained a good pace through the 1^st quarter of 2007, with 18 sales, but below the 25 sales for the same period in 2006. 2005 sales were 8; and 2004 sales 4. There are currently 149 lots on the Las Campanas market with a median price of $304,500.

The median lot sales price for the 1^st quarter 2007 was $300,000 vs. $198,000 for the same period in 2006.

1^st Quarter 2007 Las Campanas Home Sales

Sales of Las Campanas houses, single-family, town house, condominium, continue last year’s upward trend through the 1^st quarter of 2007, with 13 sales, while sales for the same period in 2006 were 10; for 2005 were 11; and for 2004 were 5.

The median house sales price for the 1^st quarter 2007 was $1,222,500 reflects a much improved product mix at Las Campanas than that offered in previous years. The median sales price of a Las Campanas house for the same period in 2006, was $1,395,000

Right now there are 82 homes listed for sale in Las Campanas with a median price of $1,425,000.

Las Campanas, appears to be a good opportunity for a personal residence, or for an investment opportunity.

1st Quarter 2007 Residential Sales

2007-04-26T10:16:00.000-07:00

City of Santa Fe residential sales (single-family, town house and condominium) were down dramatically for the 1st quarter (Jan. 1 – April 19) of 2007. In fact, this was the slowest 1st quarter in 4 years. Total sales for 2007 during this period were 255. For the same period in 2006, 350 units were sold; in 2005, 325 units were sold; and in 2004, 333 units were sold.

On the other hand, Santa Fe County residential sales (single-family, town house and condominium) were only down slightly for the 1st quarter (Jan. 1 – April 19) of 2007. Total sales for 2007 during this period were 192. For the same period in 2006, 205 units were sold; in 2005, 180 units were sold; and in 2004, 153 units were sold.

1st Quarter 2007 Median Sale Price
The median price for City of Santa Fe residential sales (single-family, town house and condominium) continued to rise for the same period year over year. Median price for 2007 during this period was $322,000. For the same period in 2006, the median price was $315,125; in 2005, the median price was $270,000; and in 2004, the median price was $270,000.

The median price for Santa Fe County residential sales (single-family, town house and condominium) continued to rise for the same period year over year. Median price for 2007 during this period was $503,000. For the same period in 2006, the median price was $429,900; in 2005, the median price was $382,500; and in 2004, the median price was $332,000.

Special Report City

2006-09-20T15:11:00.001-07:00

City of Santa Fe Home Sales Activity

New Home Sales
June 1 – August 31, 2006 Sales Down 24% over Same Period 2005
Sales Activity New Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo
NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 46 $19,297,949 $419,521 $288,336 185

Sales Activity New Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 35 $18,622,134 $532,061 $368,000 293

Resale Home Sales
June 1 – August 31, 2006 Sales Down 19% over Same Period 2005

Sales Activity Resale Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 349 $144,865,182 $415,086 $300,000 121

Median Price $193/Sq. Ft.

Sales Activity Resale Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 282 $131,053,377 $464,728 $324,000 107
Median Price $215/Sq. Ft.

Current Active Listings
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$12,500,000 $46,000 $646,584 $425,500 $449,375,987 695

*DOM = Days on the Market

NW Santa Fe County & Las Campanas

New Home Sales (By No.)
June 1 – August 31, 2006 Sales Up 48% over Same Period 2005
Sales Activity New Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo
NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 21 $17,885,626 $851,696 $605,000 202

Sales Activity New Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo
NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 31 $23,592,787 $761,058 $669,000 234

Resale Home Sales (By No.)
June 1 – August 31, 2006 Sales Down 46% over Same Period 2005

Sales Activity Resale Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo
NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 57 $51,476,300 $903,093 $760,000 195

Median Price $239/Sq. Ft.

Sales Activity Resale Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo
NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 31 $29,389,583 $948,051 $898,000 160

Median Price $260/Sq. Ft.

Current Active Listings
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$8,000,000 $260,000 $1,375,513 $1,195,000 $303,988,400 221

Las Campanas

New Home Sales (By No.)
June 1 – August 31, 2006 Sales Even over Same Period 2005
Sales Activity New Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 4 $7,930,000 $1,982,500 $1,925,000 265

Sales Activity New Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 4 $4,849,934 $1,212,484 $1,105,717 337

Resale Home Sales (By No.)
June 1 – August 31, 2006 Sales Down 47% over Same Period 2005

Sales Activity Resale Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 15 $18,810,400 $1,254,027 $1,180,000 321

Median Price $303/Sq. Ft.

Sales Activity Resale Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 8 $10,217,900 $1,277,238 $1,122,450 195

Median Price $338/Sq. Ft.

Current Active Listings
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$8,000,000 $849,000 $2,057,962 $1,680,000 $111,130,000 54

Las Campanas Lot Sales Activity

Lot Sales (By No.)
June 1 – August 31, 2006 Sales Down 46% over Same Period 2005

June 1 – August 31, 2005

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 25 $7,249,625 $289,985 $238,500 554

June 1 – August 31, 2006

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 16 $4,169,904 $260,619 $225,000 330

Current Active Listings
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$1,100,000 $140,000 $395,512 $375,000 $82,266,700 208

Eldorado Area 14

New Home Sales (By No.)
June 1 – August 31, 2006 Sales Down 20% Period 2005
Sales Activity New Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 5 $2,577,900 $515,580 $500,000 161

Sales Activity New Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 4 $2,480,000 $620,000 $612,500 149

Resale Home Sales (By No.)
June 1 – August 31, 2006 Sales Down 35% over Same Period 2005

Sales Activity Resale Homes: June 1 – August 31, 2005/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 71 $24,948,850 $351,392 $333,000 94

Median Price $187/Sq. Ft.

Sales Activity Resale Homes: June 1 – August 31, 2006/ Single-Family, Town House, Condo

NO. TOTAL $ AVG $ MEDIAN $ DOM
All Sold Listings 46 $18,559,965 $403,478 $395,000 66
Median Price $216/Sq. Ft.

Current Active Listings
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$689,000 $269,000 $447,685 $432,000 $41,634,790 93