ON THE MARKET
MARKET UPDATE | Q4 2013 SANTA FE
SOLD
LISTINGS AROUND THE WORLD IN THIS PRICE RANGE
SANTA FE, NM
in metropolitan markets
Listed at: $1,095,000 Agent: Neil Lyon Just minutes from the Plaza, perched on a hillside and crafted with careful design, this well-executed 3-bedroom home plus an office has warm hand-troweled interior plaster and expansive views. The separation of the master suite from the guest bedrooms and the inviting entertaining areas make for a wonderful and relaxing retreat. The guest suites are each comfortably appointed and enjoy wonderful views as well as their own in-suite baths. The central portal is sizable, and has a fireplace to cut the chill and add ambiance. The great room enjoys a built-in entertainment center, lots of natural light and a custom water feature. The kitchen features granite countertops and deluxe appliances – truly the heart of this home. Vigas and beams, central vac, in-floor radiant heat, refrigerated air conditioning, security system, and a two-car attached garage round off some of the additional amenities.
Houston
New York
San Francisco
4 br / 3 ba / 1 hf ba $1,875,000
1 br / 1 ba $1,645,000
1 br / 1 ba / 1 hf ba $995,000
in resort markets
GREGG ANTONSEN SANTA FE
PALM BEACH
Santa Ynez
3 br / 3 ba / 1 hf ba $1,375,000
2 br / 2 ba $975,000
3 br / 3 ba $1,795,000
t: 505.988.2533 gregg.antonsen@sothebyshomes.com
in foreign markets
A MESSAGE FROM qualifying broker gregg antonsen:
South Africa
Puerto Rico
Australia
5 br / 4 ba / 1 hf ba $1,500,306
4 br / 4 ba / 1 hf ba $1,850,000
2 br / 2 ba Price Upon Request
AT SOTHEBY’S AUCTION
SOTHEBYS.COM santa fe brokerages 231 Washington Avenue Santa Fe, NM 87501 t: 505.988.8088 326 Grant Avenue Santa Fe, NM 87501 t: 505.988.2533
Songye “Four Horn” Community Power Figure The Collection of Allan Stone 15 November, 2013 Estimate: $600,000-$900,000
Number of Units Sold, Average Days on Market (DOM), and Average Sales Price for Residential Listings Sold (Single Family, Condos, and Townhouses) 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, and 2013
The Pink Star Rare English & European Magnificent Jewels 13 November, 2013 Sold: $84,730,214.30
417 East Palace Avenue Santa Fe, NM 87501 t: 505.982.6207 sothebyshomes.com/santafe
The Santa Fe real estate market ended 2013 on a positive note continuing a trend set in the last two quarters of the year. Our market ended 2013 reflecting a slight increase both in the number of units sold as well as a slight increase in average sales price, according to the Santa Fe Association of Realtors Multiple Listing Service. This news, combined with fewer days on market, confirmed that the Santa Fe real estate market continued to move in a positive direction through the final quarter of 2013. Sales on opposite ends of the price spectrum have been particularly brisk with the $250,000 - $499,000 range increasing 20 percent in 2013 from 2012 and in the ranges of $1M - $2M, coming in at a 18.67 percent increase in 2013 as compared to 2012. We are pleased to report that the highest residential sale in Santa Fe in 2013 was listed by our firm at $7,500,000 (Rancho Alegre). We have just concluded the first month of 2014 by representing the purchaser of the Double M Ranch in Abiquiu at the listing price of $6,400,000. With this great start to the New Year, now is the time to contact a broker at our firm in order to explore all that SantaFeStyleMagazine.com Santa Fe has to offer in terms of real estate value. Statistics and numbers are obtained from the Santa Fe Association of Realtors Multiple Listing Service. They are deemed reliable but are not guaranteed and are subject to change. They many not reflect all real estate activity in the market area.
SALES
SINGLE FAMILY HOMES, townhouses and condominiums
LISTING INVENTORY as of 12/31/13: santa fe county
CLOSED SALES PRICE RANGE
2011
2012
2013
Up to $249,999 $250,000-$499,999 $500,000-$749,999 $750,000-$999,999 $1M-$2M Above $2M
651 654 195 94 86 17
795 710 267 108 75 14
804 852 255 113 89 14
% CHANGE
PRICE RANGE
2011
2012
2013
1.13% 20.00% -4.49% 4.63% 18.67% 0%
Up to $249,999 $250,000-$499,999 $500,000-$749,999 $750,000-$999,999 $1M and Above
346 470 252 154 226
285 362 186 125 207
264 445 181 146 219
(2013 v 2012)
PRICE RANGE
2011
2012
2013
Up to $249,999 $250,000-$499,999 $500,000-$749,999 $750,000-$999,999 $1M-$2M Above $2M
174 197 251 327 276 312
197 194 254 305 292 335
166 166 192 235 217 334
% CHANGE (2013 v 2012)
-15.74% -14.43% -24.41% -22.95% -25.68% -0.30%
AVERAGE AND MEDIAN SALES PRICES, FULL YEAR YEAR
% CHANGE (2013 v 2012)
-7.37% 22.93% -2.69% 16.80% -5.80%
SALES by price range
AVERAGE DAYS ON MARKET
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
SALES
SINGLE FAMILY HOMES, townhouses and condominiums
AVERAGE SALE PRICE $281,848 $298,767 $322,289 $374,679 $410,534 $447,716 $486,375 $473,255 $405,950 $402,721 $415,166 $392,900 $396,370
PRICE RANGE
2013
2012
2012
2013
Up to $249,999
40%
38%
$250,000-$499,999
36%
40%
$500,000-$749,999
14%
12%
$750,000-$999,999
5%
5%
$1M-$2M
4%
4%
Above $2M
1%
1%
Up to $249,999
$250,000-$499,999
$500,000-$749,999
$750,000-$999,999
$1M-$2M
Above $2M
RESIDENTIAL SOLDS BY MONTH – ALL PROPERTY TYPES
MEDIAN SALE PRICE $224,000 $240,000 $258,000 $290,000 $310,500 $345,000 $373,000 $330,000 $299,500 $305,000 $300,000 $292,500 $300,000 Obtained from the Santa Fe Association of Realtors Multiple Listing Service. Deemed reliable but not guaranteed and subject to change.
sothebyshomes.com/santafe
SALES
SINGLE FAMILY HOMES, townhouses and condominiums
LISTING INVENTORY as of 12/31/13: santa fe county
CLOSED SALES PRICE RANGE
2011
2012
2013
Up to $249,999 $250,000-$499,999 $500,000-$749,999 $750,000-$999,999 $1M-$2M Above $2M
651 654 195 94 86 17
795 710 267 108 75 14
804 852 255 113 89 14
% CHANGE
PRICE RANGE
2011
2012
2013
1.13% 20.00% -4.49% 4.63% 18.67% 0%
Up to $249,999 $250,000-$499,999 $500,000-$749,999 $750,000-$999,999 $1M and Above
346 470 252 154 226
285 362 186 125 207
264 445 181 146 219
(2013 v 2012)
PRICE RANGE
2011
2012
2013
Up to $249,999 $250,000-$499,999 $500,000-$749,999 $750,000-$999,999 $1M-$2M Above $2M
174 197 251 327 276 312
197 194 254 305 292 335
166 166 192 235 217 334
% CHANGE (2013 v 2012)
-15.74% -14.43% -24.41% -22.95% -25.68% -0.30%
AVERAGE AND MEDIAN SALES PRICES, FULL YEAR YEAR
% CHANGE (2013 v 2012)
-7.37% 22.93% -2.69% 16.80% -5.80%
SALES by price range
AVERAGE DAYS ON MARKET
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
SALES
SINGLE FAMILY HOMES, townhouses and condominiums
AVERAGE SALE PRICE $281,848 $298,767 $322,289 $374,679 $410,534 $447,716 $486,375 $473,255 $405,950 $402,721 $415,166 $392,900 $396,370
PRICE RANGE
2013
2012
2012
2013
Up to $249,999
40%
38%
$250,000-$499,999
36%
40%
$500,000-$749,999
14%
12%
$750,000-$999,999
5%
5%
$1M-$2M
4%
4%
Above $2M
1%
1%
Up to $249,999
$250,000-$499,999
$500,000-$749,999
$750,000-$999,999
$1M-$2M
Above $2M
RESIDENTIAL SOLDS BY MONTH – ALL PROPERTY TYPES
MEDIAN SALE PRICE $224,000 $240,000 $258,000 $290,000 $310,500 $345,000 $373,000 $330,000 $299,500 $305,000 $300,000 $292,500 $300,000 Obtained from the Santa Fe Association of Realtors Multiple Listing Service. Deemed reliable but not guaranteed and subject to change.
sothebyshomes.com/santafe
ON THE MARKET
MARKET UPDATE | Q4 2013 SANTA FE
SOLD
LISTINGS AROUND THE WORLD IN THIS PRICE RANGE
SANTA FE, NM
in metropolitan markets
Listed at: $1,095,000 Agent: Neil Lyon Just minutes from the Plaza, perched on a hillside and crafted with careful design, this well-executed 3-bedroom home plus an office has warm hand-troweled interior plaster and expansive views. The separation of the master suite from the guest bedrooms and the inviting entertaining areas make for a wonderful and relaxing retreat. The guest suites are each comfortably appointed and enjoy wonderful views as well as their own in-suite baths. The central portal is sizable, and has a fireplace to cut the chill and add ambiance. The great room enjoys a built-in entertainment center, lots of natural light and a custom water feature. The kitchen features granite countertops and deluxe appliances – truly the heart of this home. Vigas and beams, central vac, in-floor radiant heat, refrigerated air conditioning, security system, and a two-car attached garage round off some of the additional amenities.
Houston
New York
San Francisco
4 br / 3 ba / 1 hf ba $1,875,000
1 br / 1 ba $1,645,000
1 br / 1 ba / 1 hf ba $995,000
in resort markets
GREGG ANTONSEN SANTA FE
PALM BEACH
Santa Ynez
3 br / 3 ba / 1 hf ba $1,375,000
2 br / 2 ba $975,000
3 br / 3 ba $1,795,000
t: 505.988.2533 gregg.antonsen@sothebyshomes.com
in foreign markets
A MESSAGE FROM qualifying broker gregg antonsen:
South Africa
Puerto Rico
Australia
5 br / 4 ba / 1 hf ba $1,500,306
4 br / 4 ba / 1 hf ba $1,850,000
2 br / 2 ba Price Upon Request
AT SOTHEBY’S AUCTION
SOTHEBYS.COM santa fe brokerages 231 Washington Avenue Santa Fe, NM 87501 t: 505.988.8088 326 Grant Avenue Santa Fe, NM 87501 t: 505.988.2533
Songye “Four Horn” Community Power Figure The Collection of Allan Stone 15 November, 2013 Estimate: $600,000-$900,000
Number of Units Sold, Average Days on Market (DOM), and Average Sales Price for Residential Listings Sold (Single Family, Condos, and Townhouses) 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, and 2013
The Pink Star Rare English & European Magnificent Jewels 13 November, 2013 Sold: $84,730,214.30
417 East Palace Avenue Santa Fe, NM 87501 t: 505.982.6207 sothebyshomes.com/santafe
The Santa Fe real estate market ended 2013 on a positive note continuing a trend set in the last two quarters of the year. Our market ended 2013 reflecting a slight increase both in the number of units sold as well as a slight increase in average sales price, according to the Santa Fe Association of Realtors Multiple Listing Service. This news, combined with fewer days on market, confirmed that the Santa Fe real estate market continued to move in a positive direction through the final quarter of 2013. Sales on opposite ends of the price spectrum have been particularly brisk with the $250,000 - $499,000 range increasing 20 percent in 2013 from 2012 and in the ranges of $1M - $2M, coming in at a 18.67 percent increase in 2013 as compared to 2012. We are pleased to report that the highest residential sale in Santa Fe in 2013 was listed by our firm at $7,500,000 (Rancho Alegre). We have just concluded the first month of 2014 by representing the purchaser of the Double M Ranch in Abiquiu at the listing price of $6,400,000. With this great start to the New Year, now is the time to contact a broker at our firm in order to explore all that SantaFeStyleMagazine.com Santa Fe has to offer in terms of real estate value. Statistics and numbers are obtained from the Santa Fe Association of Realtors Multiple Listing Service. They are deemed reliable but are not guaranteed and are subject to change. They many not reflect all real estate activity in the market area.