If you want an accurate picture, contact agents in the area. They won't make you sign a contract, they will be more than happy to send information to you in hopes of earning your future business. If you don't want them to contact you after a few days/weeks, just let them know. If you want correct no BS answers, contact a Realtor. They use the MLS, which you have to pay for. Zillow is free, to everyone, and they pull free information. You get what you pay for.
Technically New Mexico is a partial disclosure state as of January 1, 2004. Prior to that date, only Realtors and principals knew prices of what was bought and sold. Now, by law, the assessor is informed of sales by the title companies (except for commercial real estate which is still not reported to assessor), but it is true a member of the public cannot obtain this information. Sold prices are not available to you doing your own research.
I have found in the past that Zillow has been fairly accurate on occasion but wildly inaccurate just as often. I would never recommend them as valid guide to values here. A licensed Realtor is the only way to go. Our neighborhoods vary tremendously and the area so unique you need the expertise of of a Realtor. Hope this helps.
Good questions... I'd be happy to send you sold listings in Santa Fe. They will come automatically by email, and will tell you listed price vs. sales price. Easy....
You will get automatic, real time updates and can shut it off any time you want.
Email me or call me with your email address and I will set you up.
Marc Nussbaumer, AB, NAR ePro
Santa Fe Realty Partners
417 E Palace Ave
Santa Fe, NM 87501
I'm an an associate broker with Prudential Santa Fe. Zillow prices are ONLY estimates given from afar, without any real time, actual knowledge of the local real estate market and trends. All real estate, like politics IS LOCAL. To access the most accurate Santa Fe Real Estate information (so you have the knowledge you need to make your OWN informed decsion) you can go to: http://www.sfar.com the website for the Santa fFe Association of Realtors.
There you can access all kinds of local statistics yourself and seardh the local Santa Fe MLS listings which, of course are the most complete and accurate.
Finally, a good, professional agent will be able to send you new listings, changed prices etc.on any one home or any you may be interested in. You may call any agent you see listed as a Realtor on that website, myself included.
I believe that "information is power" and you deserve the power to make your own best choices!
If you ever want more information feel free to email or call me at 505-660-5063 or email@example.com.
Homes are indeed staying on the market for longer in Santa Fe - it's categorized as a buyer's market, and will be for some time. Above around $400,000 many of the purchases are made by people from elsewhere, so inevitably we are affected by those buyers' liquidity and ability to compete a transaction.
Most Santa Fe brokers are used to working with out of town buyers, and will be happy to work with you as you educate yourself on the market. It costs you nothing and it's a shortcut to getting the information you need!
Sold data is difficult to find here in our state. Even if you stumble upon a website or web form advertising closed sales data they are usually providing estimates since they don't have the real data. Our MLS does not feed that data to websites like it does the home for sale information.
The only way to get the closed sales data is to contact a real estate agent. Once you are ready to buy and have selected a real estate agent they will be able to provide you with information on sold comparables. Until then beware the inaccurate data that's out there.