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Market Conditions in Santa Fe County : Real Estate Advice

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  • Local Info0
  • Home Buying7
  • Home Selling0
  • Market Conditions1

Activity 23
Fri Mar 10, 2017
Bernadettemcdougal answered:
Mon Dec 14, 2015
Jeri Patrick answered:
I would contact a local real estate agent to help with the days on the market in your area. Bets of luck
0 votes 1 answer Share Flag
Tue Jan 6, 2015
Richard Anderson asked:
Manager; available? I'm a Realtor / Trulia Pro client. I tried to register for today's "Winning More 2015 Clients: New Marketing Strategies You Need to Know" with Pierre…
0 votes 0 Answers Share Flag
Fri May 2, 2014
Aaron Borrego answered:
We have 1370 square foot plans starting at $230,000. Check out the website at http://www.plazabonitasantafe.com/home.html and let me know if you have any questions. Thanks!
0 votes 1 answer Share Flag
Tue Apr 1, 2014
Leigh-Jo Anzures answered:
What question(s) do you have about this property?

Leigh-Jo
Syan Real Estate
Call/Text: (505) 730-8181
FREE Listing Alerts: www.syan.com/alerts
0 votes 3 answers Share Flag
Tue Feb 4, 2014
Steve Rizika answered:
You can find The Rio Grande School location by using the map link below.
0 votes 2 answers Share Flag
Wed Jan 29, 2014
Leigh-Jo Anzures answered:
There are a number of factors that can come into play (e.g. size, type, etc.). I would recommend contacting a few local stucco companies to give you quotes and provide you with all of your options.

Leigh-Jo
Syan Real Estate
Call/Text: (505) 730-8181
FREE Listing Alerts: www.syan.com/alerts
... more
0 votes 2 answers Share Flag
Tue Jan 28, 2014
Lisa Smith answered:
Hello -

I showed this property over the weekend, and I would estimate between 2000 - 2300. There is no square footage listed in the MLS. This is a wonderful property and a good value. Two large living areas and the studio/office next to the garage is bright and sunny. It is bank owned. If you would like to take a look, please let me know.

Lisa Smith
Santa Fe Properties
505-570-5770
... more
0 votes 1 answer Share Flag
Wed Jan 22, 2014
T. Abrehamson answered:
Jiri -- Please contact me at taa-yoga@hotmail.com
Tom Abrehamson, Silicon Valley CA ( for now)
0 votes 8 answers Share Flag
Sun Jan 19, 2014
Rose Lopez-Brown,CRS Rsps answered:
Hello Noelle,

Thank you for your question. I am familiar with Santo Nino off Richards Avenue, because my great niece attends school there. I am happy to research it. Do you have any questions about the property at 34 Cresencio Lane? I am available at 505-490-0615 for any questions.

Thank you for your time,
Rose

Rose Lopez-Brown, CRS, SRES, RSPS, WCR, AHWD
Keller Williams Realty
130 Lincoln Avenue, Suite K
Santa Fe, NM 87501
505-490-0615
www.SantaFeRealHomes.com
RealtorRoseKW@Gmail.com
... more
0 votes 1 answer Share Flag
Sat Dec 28, 2013
Burke Denman answered:
Santa Fe has a municipal water system, which draws water from three main sources: reservoirs in the mountain watershed above the city (in other words, from the snowpack -- the city is at 7,000 feet, and the mountains reach 12,000 ft.), fields of city-owned wells, and from the Rio Grande.

In the unincorporated areas in the county surrounding the city limits, some areas have shared water systems, and others feature homes with their own wells. In the MLS system, the source of the water (well, shared well or municipal) is always mentioned. If it isn't, and the home is within city limits, it almost certainly has municipal water.

If your question is really, is there enough water, well, that's a hot topic, which is relevant to the entire western half of the country! Santa Fe city says it does, due to longterm planning over the last 20 years and a fairly aggressive water conservation drive, and increasingly stringent requirements in new construction. But there are dissenters, and everyone acknowledges that we live in a semi-arid climate zone -- albeit at the foot of mountains.

The city's water department has links to multiple studies of the water supply: http://www.santafenm.gov/water_division

And if you want to build or remodel "green," I invite you to contact us. We have a great deal of experience with energy and water conservation building techniques, especially for Northern New Mexico climate: http://www.denmansantafe.com
And if you want to build green
... more
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Thu Dec 5, 2013
Leigh-Jo Anzures answered:
Yes, there are K-8 schools. For more information, visit the Santa Fe public school website at www.sfps.info


Leigh-Jo
Syan real Estate
Call/Text: (505) 730-8181
FREE Listing Alerts: www.syan.com/alerts ... more
0 votes 4 answers Share Flag
Sat Sep 7, 2013
Spence Ralston answered:
Hi Maxine,
Here's a link to a great site for anyone interested in Santa Fe's water availability.
As you'll see, we have the lowest water useage per household of any city - in other words we conserve our water resources better than most, and the site will show you all the different sources for current and future water supplies for our city.
And yes, the water source - whether well, community or city - should be listed for any property in our MLS. If you see a property you're interested in that's FSBO and it doesn't show the water source, just ask the seller.

Spence Ralston
Barker Realty
505.231.1528
... more
1 vote 2 answers Share Flag
Thu Aug 8, 2013
Hannah Levbarg answered:
To expand on Aaron's commentary in his second point, there is a bit of a "drag" on the market when doing a comparative market analysis - as a broker, for a buyer client. Buyers are potentially shopping the WHOLE market, so they are seeing "bargains" alongside regular sales, and may begin to think that way. Also, some distressed properties are in very good shape, physically, and this amplifies the effect in the marketplace - a buyer is really weighing this whole picture and questioning higher prices, especially if unaware of the status of the home. When advising sellers on setting price, if there is a significant number of foreclosure homes that are comparable in the particular market, and we see that homes have been selling at lower prices, we may include one in our analysis to help demonstrate that market reality. However, if there are plenty of non-distressed properties to compare, both recently sold and currently active, those homes will be the reference points for the analysis. ... more
0 votes 5 answers Share Flag
Sun May 12, 2013
Joan Grossman answered:
I just sold a house that was in the middle of town but not on a sewer that is serviced by the City. The solution to this situation is that the neighbors that share the line will be forming an agreement for sharing of future maintenance or replacement. Their sewer line is sub-standard at 4" and below the City code, but at the point that it is replaced with a 5" line they can go to the City and ask for it to be adopted for City maintenance. ... more
0 votes 1 answer Share Flag
Tue Apr 30, 2013
Spence Ralston answered:
Gee ed, I spoke with 2 contractors and they agreed with everything I said. Guess you're the only one who knows what he's talking about….. "Expanding a bath…." per se does not mean replacing or adding a bathroom, with all that entails. As one other responder said, moving/putting up interior walls to expand a room, add a closet, etc. can be quite economical. That's why virtually all of us have advised the poster to call in contractors to discuss the scope of the project and get bids. I've done a ton of remodeling, and I do know what I'm talking about. Aside from your unwarranted slam, I agree with the rest of your advice. ... more
0 votes 8 answers Share Flag
Fri Oct 5, 2012
hugomdavis67 answered:
Why should professional realtors spend their valuable time answering moronic questions such as yours? Why? So that you may decide to hire one of us?

I tell you what, don't be so lazy and pick up the phone! ... more
0 votes 3 answers Share Flag
Fri Jun 8, 2012
Anthony Atwell answered:
I can send you the MLS solds, which also includes solds that were not listed.

Trulia's accuracy on average home values is high for Santa Fe. So I do not think they have all the info at hand. But I will say Trulia has been a valuable resource to my clients, a tool that helps them see an overview of the Santa Fe marketplace. ... more
0 votes 5 answers Share Flag
Sat Sep 25, 2010
Emily Medvec answered:
Ron, I see your question is still out there. Market conditions in Santa Fe, NM are not even close to your statement even going back to 2007 or certainly to today. My best advice would be to contact a local Santa Fe Realtor for current stats and information. Homes are selling in Santa Fe everyday. If you are looking to take advantage of our market today and the current interest rates, it is best to work with a buyer broker or a Realtor experienced in Relocation. I am available to help you save time and money and certainly give you real stats and a better explanation of our real estate market and opportunities. ... more
0 votes 3 answers Share Flag
Thu Sep 2, 2010
Spence Ralston answered:
Oops - I forgot to give you the # of sales by month for the past year. It's pretty steady. Here they are:
Sept. '09 - 3
Oct. - 2
Nov. - 2
Dec. - 3
Jan. '10 - 2
Feb. - 1
Mar. - 2
Apr. - 2
May - 2
Jun. - 2
Jul. - 3
Aug. - 2
Sept. - 1 to-date
... more
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