SANTA FE Homes for Sale
Logic is a state of mind...a mode of operation...a focal point from which to grow. This is Logic Real Estate. We are the culmination of several experienced professionals who have developed a structure to accomplish a successful real estate transaction. We are happy to provide you with all the information you will need to buy or sell your real estate in Santa Fe, Rio Rancho, Albuquerque, Eldorado, Los Alamos and surrounding areas. We look forward to serving you and will be happy to help at any time.
REVOLUTIONIZING Real Estate
Logic Real Estate is one of the busiest real estate offices in Santa Fe. In today's volatile market, timing and information are everything. Great values go quickly, and we prepare our clients. We EDUCATE our clients about the market and how to get the best value for the home they are buying or selling. We provide INFORMATION by operating in-house Mortgage services, so clients have financing information at their fingertips.
We pride ourselves in developing long-lasting client relationships. Most of our clients come back to us over and over. Referrals and repeat business are the greatest complements clients can give. We are honored to be serving the greater Santa Fe area with the BEST of the BEST in real estate.
Inquire now about how we can revolutionize your buying or selling experience.
Santa Fe Real Estate Market Trends
(Compliments of www.sfar.com)
3RD QUARTER 2016 MEDIAN SALES PRICE ROSE 5% to $315,000. Days on Market went down 14.8% to 155 days. Closed Sales increased 4.7%. New Listings in Santa Fe increased 8.1% to 1,096. Sellers were encouraged as Months Supply Inventory was down 10.2% to 8.2 months. Median Sales Price for Single Family homes in the city during the 3rd Quarter increased 5.9% to $306,000 from $289,000 in the same quarter from last year. The Median Sales Price for Single Family homes in the county is $452,400. Condo/Townhome Median Sales Price for the 2016 3rd Quarter is $271,750. 3rd Quarter 2015 price for Manufactured/Mobile Homes Median Sales Price was $136,525, and increased to $204,750 in the 3rd Quarter of 2016. The Median Sales price for Residential Land in the city in the 3rd Quarter of 2016 is $195,000, and the county Residential Land Median Sales Price is $90,000. The Total Volume of Single Family home sales in the city and county rose from $192.7M in the 3rd Quarter of 2015 to $207.5M in the 3rd Quarter of this year – an increase of 7.7%. In conclusion, according to the Santa Fe Association of REALTORS®, “the demand has remained high through the first three quarters of 2016, propping up sales and prices despite heavy reductions in inventory and months of supply across the country.”
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