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
2016 First Quarter Statistics (Compliments of sfar.com)
1ST QUARTER 2016 MEDIAN SALES PRICE ROSE 8.5% to $293,000. Days on Market went down 13.3% to 155 days. Closed Sales decreased 1.6%. New Listings in Santa Fe decreased 0.8% to 785. Sellers were encouraged as Months Supply Inventory was down 23.1% to 6.9 months. Median Sales Price for Single Family homes in the city during the 1st Quarter increased 8.8% to $283,875 from $261,000 in the same quarter from last year. The Median Sales Price for Single Family homes in the county is $431,750. Condo/Townhome Median Sales Price decreased from $220,000 to $207,000. The Manufactured/Mobile Homes Median Sales Price increased 20% to $180,000. Residential Land sales in the city went down 26.3% during the 1st Quarter of this year to $140,000, and the county Residential Land Median Sales Price increased 25.7% to $110,000. The Total Volume of home sales declined from $74.7M in the 1st Quarter of 2015 to $63.7M in the 1st Quarter of this year – a decrease of 14.7%. However, according to the Santa Fe Association of REALTORS®, “the second quarter tends to rank as the best time to list a home for sale.” In conclusion, “as seller and builder confidence increases, we should see more activity in Q2 2016.”
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