4
A MESSAGE FROM QUALIFYING BROKER GREGG ANTONSEN: 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 Santa Fe has to offer in terms of real estate value. MARKET UPDATE | Q4 2013 SANTA FE 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 417 East Palace Avenue Santa Fe, NM 87501 t: 505.982.6207 sothebyshomes.com/santafe GREGG ANTONSEN t: 505.988.2533 [email protected] 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. 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 SantaFeStyleMagazine.com

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Page 1: Santa Fe Market Update Q4 2013

A MESSAGE FROM quAliFyinG bROkER GREGG AntOnSEn:

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

Santa Fe has to offer in terms of real estate value.

MARKET UPDATE | Q4 2013SAntA FE

sAnTA fE bRoKERAgEs231 Washington AvenueSanta Fe, nM 87501t: 505.988.8088

326 Grant AvenueSanta Fe, nM 87501t: 505.988.2533

417 East Palace AvenueSanta Fe, nM 87501t: 505.982.6207sothebyshomes.com/santafe

gREgg AnTonsEnt: [email protected]

Listed at: $1,095,000Agent: 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.

PuERtO RicO4 br / 4 ba / 1 hf ba $1,850,000

HOuStOn4 br / 3 ba / 1 hf ba $1,875,000

nEW yORk1 br / 1 ba $1,645,000

SAn FRAnciScO1 br / 1 ba / 1 hf ba $995,000

in METRoPoLiTAn MARKETssAnTA fE, nM

in REsoRT MARKETs

in foREign MARKETs

liStinGS AROunD tHE WORlD in tHiS PRicE RAnGESOlD

AT soTHEbY’s AUCTion soTHEbYs.CoM

THE PinK sTARRare English & European Magnificent Jewels13 november, 2013sold: $84,730,214.30

Songye “Four Horn” Community Power Figurethe collection of Allan Stone15 november, 2013Estimate: $600,000-$900,000

SAntA FE3 br / 3 ba / 1 hf ba $1,375,000

SOutH AFRicA5 br / 4 ba / 1 hf ba $1,500,306

PAlM bEAcH2 br / 2 ba $975,000

SAntA ynEz3 br / 3 ba $1,795,000

AuStRAliA2 br / 2 ba Price Upon Request

On tHE MARkEt

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.

number of units Sold, Average Days on Market (DOM), and Average Sales Pricefor Residential listings Sold (Single Family, condos, and townhouses)2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, and 2013

santafestyleMagazine.com

Page 2: Santa Fe Market Update Q4 2013

CLosED sALEs

AVERAgE DAYs on MARKET

AVERAgE AnD MEDiAn sALEs PRiCEs, fULL YEAR

YEAR AVERAgE sALE PRiCE MEDiAn sALE PRiCE2001 $281,848 $224,0002002 $298,767 $240,0002003 $322,289 $258,0002004 $374,679 $290,0002005 $410,534 $310,5002006 $447,716 $345,0002007 $486,375 $373,0002008 $473,255 $330,0002009 $405,950 $299,5002010 $402,721 $305,0002011 $415,166 $300,0002012 $392,900 $292,5002013 $396,370 $300,000

PRiCE RAngE 2011 2012 2013 % CHAngE(2013 v 2012)

Up to $249,999 651 795 804 1.13%$250,000-$499,999 654 710 852 20.00%$500,000-$749,999 195 267 255 -4.49%$750,000-$999,999 94 108 113 4.63%$1M-$2M 86 75 89 18.67%Above $2M 17 14 14 0%

PRiCE RAngE 2011 2012 2013 % CHAngE(2013 v 2012)

Up to $249,999 174 197 166 -15.74%$250,000-$499,999 197 194 166 -14.43%$500,000-$749,999 251 254 192 -24.41%$750,000-$999,999 327 305 235 -22.95%$1M-$2M 276 292 217 -25.68%Above $2M 312 335 334 -0.30%

LisTing inVEnToRY As of 12/31/13: sAnTA fE CoUnTY

REsiDEnTiAL soLDs bY MonTH – ALL PRoPERTY TYPEs

sALEs bY PRiCE RAngE

PRiCE RAngE 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%

PRiCE RAngE 2011 2012 2013 % CHAngE(2013 v 2012)

Up to $249,999 346 285 264 -7.37%$250,000-$499,999 470 362 445 22.93%$500,000-$749,999 252 186 181 -2.69%$750,000-$999,999 154 125 146 16.80%$1M and Above 226 207 219 -5.80%

Obtained from the Santa Fe Association of Realtors Multiple listing Service. Deemed reliable but not guaranteed and subject to change.

SAlES SAlESSinGlE FAMily HOMES, tOWnHOuSES AnD cOnDOMiniuMS SinGlE FAMily HOMES, tOWnHOuSES AnD cOnDOMiniuMS

sothebyshomes.com/santafe

up to $249,999 $250,000-$499,999 $500,000-$749,999

$750,000-$999,999 $1M-$2M Above $2M

2012 2013

Page 3: Santa Fe Market Update Q4 2013

CLosED sALEs

AVERAgE DAYs on MARKET

AVERAgE AnD MEDiAn sALEs PRiCEs, fULL YEAR

YEAR AVERAgE sALE PRiCE MEDiAn sALE PRiCE2001 $281,848 $224,0002002 $298,767 $240,0002003 $322,289 $258,0002004 $374,679 $290,0002005 $410,534 $310,5002006 $447,716 $345,0002007 $486,375 $373,0002008 $473,255 $330,0002009 $405,950 $299,5002010 $402,721 $305,0002011 $415,166 $300,0002012 $392,900 $292,5002013 $396,370 $300,000

PRiCE RAngE 2011 2012 2013 % CHAngE(2013 v 2012)

Up to $249,999 651 795 804 1.13%$250,000-$499,999 654 710 852 20.00%$500,000-$749,999 195 267 255 -4.49%$750,000-$999,999 94 108 113 4.63%$1M-$2M 86 75 89 18.67%Above $2M 17 14 14 0%

PRiCE RAngE 2011 2012 2013 % CHAngE(2013 v 2012)

Up to $249,999 174 197 166 -15.74%$250,000-$499,999 197 194 166 -14.43%$500,000-$749,999 251 254 192 -24.41%$750,000-$999,999 327 305 235 -22.95%$1M-$2M 276 292 217 -25.68%Above $2M 312 335 334 -0.30%

LisTing inVEnToRY As of 12/31/13: sAnTA fE CoUnTY

REsiDEnTiAL soLDs bY MonTH – ALL PRoPERTY TYPEs

sALEs bY PRiCE RAngE

PRiCE RAngE 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%

PRiCE RAngE 2011 2012 2013 % CHAngE(2013 v 2012)

Up to $249,999 346 285 264 -7.37%$250,000-$499,999 470 362 445 22.93%$500,000-$749,999 252 186 181 -2.69%$750,000-$999,999 154 125 146 16.80%$1M and Above 226 207 219 -5.80%

Obtained from the Santa Fe Association of Realtors Multiple listing Service. Deemed reliable but not guaranteed and subject to change.

SAlES SAlESSinGlE FAMily HOMES, tOWnHOuSES AnD cOnDOMiniuMS SinGlE FAMily HOMES, tOWnHOuSES AnD cOnDOMiniuMS

sothebyshomes.com/santafe

up to $249,999 $250,000-$499,999 $500,000-$749,999

$750,000-$999,999 $1M-$2M Above $2M

2012 2013

Page 4: Santa Fe Market Update Q4 2013

A MESSAGE FROM quAliFyinG bROkER GREGG AntOnSEn:

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

Santa Fe has to offer in terms of real estate value.

MARKET UPDATE | Q4 2013SAntA FE

sAnTA fE bRoKERAgEs231 Washington AvenueSanta Fe, nM 87501t: 505.988.8088

326 Grant AvenueSanta Fe, nM 87501t: 505.988.2533

417 East Palace AvenueSanta Fe, nM 87501t: 505.982.6207sothebyshomes.com/santafe

gREgg AnTonsEnt: [email protected]

Listed at: $1,095,000Agent: 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.

PuERtO RicO4 br / 4 ba / 1 hf ba $1,850,000

HOuStOn4 br / 3 ba / 1 hf ba $1,875,000

nEW yORk1 br / 1 ba $1,645,000

SAn FRAnciScO1 br / 1 ba / 1 hf ba $995,000

in METRoPoLiTAn MARKETssAnTA fE, nM

in REsoRT MARKETs

in foREign MARKETs

liStinGS AROunD tHE WORlD in tHiS PRicE RAnGESOlD

AT soTHEbY’s AUCTion soTHEbYs.CoM

THE PinK sTARRare English & European Magnificent Jewels13 november, 2013sold: $84,730,214.30

Songye “Four Horn” Community Power Figurethe collection of Allan Stone15 november, 2013Estimate: $600,000-$900,000

SAntA FE3 br / 3 ba / 1 hf ba $1,375,000

SOutH AFRicA5 br / 4 ba / 1 hf ba $1,500,306

PAlM bEAcH2 br / 2 ba $975,000

SAntA ynEz3 br / 3 ba $1,795,000

AuStRAliA2 br / 2 ba Price Upon Request

On tHE MARkEt

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.

number of units Sold, Average Days on Market (DOM), and Average Sales Pricefor Residential listings Sold (Single Family, condos, and townhouses)2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, and 2013

santafestyleMagazine.com