Santa Fe Real Estate Scene
February 2003 |
I've just returned from Argentina where the land flows
forever, the water is clean and blue, fishing is hot, the food
terrific, and the people friendly. Because of a 3:1 exchange
rate and an ongoing recession in Argentina, you can find some
great deals in real estate. Surprisingly, much of the climate
was like Santa Fe county — dry and breezy with many sunny
days. If you don't retire in Santa Fe, retire in Argentina.
Now we are back at work for you in Santa Fe, New Mexico. As
you will see in the MLS statistics below, fourth quarter Santa
Fe 2002 real estate sales were record setting almost across
the board. This mirrored the nation's strong demand for real
estate due to historically low interest rates and buyer demand
for investment security with tax benefits. Median price for
City of Santa Fe rose to $272,000. Higher Santa Fe prices were
driven by out-of-state demand for quality lifestyles, less
inventory available under $500,000; and inexpensive financing.
Santa Fe One Realty is now established in our new offices.
Thank you Lord !
Our new location is conveniently located in the middle of the
city -- off Old Pecos Trail on Calle Medico.
Santa Fe One Realty, 1850 Old Pecos Trail, Suite H, Santa Fe,
New Mexico, 87505
Phone: 505-424-4848, fax 505-424-9628,
mailto:info@santafeone.com
STATISTICS
Santa Fe Association of
Realtors
property statistics 1/20/03
Fourth Quarter Santa Fe Area
Existing and new single family detached home sales:
Total City of Santa Fe
4th Qtr 2002 195 sold, median price $272,000
4th Qtr 2001 208 sold, median price $241,000
Total Santa Fe County
4th Qtr 2002 231 sold, median price $276,000
4th Qtr 2001 187 sold, median price $232,900
Condo/Townhome sales
Total City and County
4th Qtr 2002 122 sold, median price $203,000
4th Qtr 2001 57 sold, median price $198,000
Duplex, Xplex
Total City and County
4th Qtr 2002 7 sold, median price $375,000
4th Qtr 2001 6 sold, median price $279,500
Mobile/Manufactured
City and County
4th Qtr 2002 7 sold, median price $130,000
4th Qtr 2001 6 sold, median price $114,000
Note: The City of Santa Fe and Santa Fe County offer homes
and land for all levels of buyers and sellers.
Note: This representation is based in whole or in part on data
supplied by the Santa Fe Association of Realtors or its
Multiple Listing Service. Neither the Association nor its MLS
guarantees or is any way responsible for its accuracy.
Data maintained by the Association or its MLS may not reflect
all real estate activity in the market.
FINANCE
Pre-qualify your finances and set a budget before you shop for
homes and lands in Santa Fe. Check out our financial contacts
who specialize in Santa Fe and Northern New Mexico.
NEW MEXICO WEEKLY QUOTES, NOW ON LINE!
Get current mortgage rates from the best N.M. lenders now!
CLICK HERE
New Mexico Mortgage Brokers
Call or email today for your free financial pre-qualification.
Gary Miller, Citivest Mortgage
1-877-982-9530 toll free, garym@hubwest.com
Ron Blessy, John Schwelnus Capitol City Partners
505-983-9222, capitolpartners@qwest.net
Troy Lepisto, Countrywide Loans
800-264-2114, 505-670-6390, 505-995-3138
Clare Easterwood, Cissy Moore, The Mortgage Company
505-984-9121, http://www.mtgcompany.com
Yvonne Edwards, City Mortgage
505-570-2002, loanarrangr2002@qwest.net
*** From Santa Fe One Real Estate
Take advantage of the lowest interest rates in forty years !
Real Estate is your investment alternative. Diversified
portfolios are stronger portfolios. With today's historically
low interest rates, why not invest in Santa Fe Real Estate?
JOBS IN SANTA FE
Check out this job resource page, loaded with essential job and relocation information.
Also: Santa Fe Resources:
GOVERNMENT & TAXES
Call the experts !
New Mexico Tax
and Revenue 505-827-0700
City of Santa
Fe 505-984-6500
Santa Fe
County 505-986-6200
See Santa Fe Resources / Government
http://www.tonyatwell.com/links.html
Are you ready to Buy or Sell a property?
Get professional help from a Real Estate Broker who understands service!
Anthony Atwell, Qualifying Broker, Owner, EPro
tony@santafeone.com,
cell 505-501-2732, toll free 1-866-424-4848
WEATHER
& HABITAT
Average Temperature F, high/low: January 40/19, February 44/22,
March 51/28, April 60/3 , May 69/43, June 79/52, July 91/57, August
91/56, September 74/49, October 63/38, November 50/27, December
41/20
Santa Fe averages
300 days of sunshine per year, 11.4 inches of rainfall and 32 inches
of snow per year
Rising from 6500 to 7500 ft, most of central New Mexico is in
the transition zone. Ponderosa pines, oak, juniper, spruce, aspen
and Douglas fir grow here.
FYI - Santa Fe, see our resources page.
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