Looking For a Home In Santa Fe With A 3 Car Garage? Stop Now!
Here is what the stats say about homes on the market with 3 car garages. There are currently 111 homes on the market with a 3 car garage. The story does not end there. The highest price home with a 3 car garage is $9,900,000 and the lowest priced is $259,000. But wait, the median asking price for a 3 car garage single family home in Santa Fe is $975,000. These numbers say that an affordable home in Santa Fe with a three car garage is RARE!
This property at 4225 Vuelta Colorada, Santa Fe, New Mexico is NOT a short sale or owned by a bank. It is just a rare opportunity. It is more than an affordable one level single family home with a 3 car garage waiting for a smart buyer to make a move. If you need extra space for an office or studio or workshop, now is the time to consider buying a 3 bedroom, 2 bath home with a finished 3 car garage. It is possible in Santa Fe today for under $260,000. If this sounds too good to be true, call us today to schedule an appointment and learn how this fine home can be your next move.
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When was the last time you did something for the first time? At least, that is what some of my garden plants are thinking today. It is January and they have decided to tell me it is spring with some new buds. How could this be happening? It appears my lilacs believe our winter in Santa Fe has indeed been a mild one. Is it mild enough to think differently now when it comes to gardening?
Fortunately, the US Department of Agriculture thinks something is changing. Using new mapping technology, the USDA has revised its plant hardiness zone map this year. This is the first time since 1990. By using weather data, the have created an interactive map by state, county and zip code level. This amazing resource now provides more than an estimate but exact information about the average coldest temperatures. Technology is becoming a new gardening tool too. Now I know something my lilacs knew. It feels like spring in Santa Fe for plants and real estate!
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It is January 2012 and already there are some new signs of life in our local Santa Fe real estate market. It looks like the answer to if not now, when? to buy, might just be now or very soon. After three years of the average home sale price steady at near $400,000, there does appear to be a trend of balance in play. In the last quarter of 2011, there were 22 home sales of over one million. And there were 3 sales of over three million. These were not new record numbers, but they have been a solid pattern. Home sales in the price range of below $150,000 have been consistently above average.
The stable sales in the high price range tell me confidence has returned to the Santa Fe real estate market. A second factor is always the number of homes sold in each quarter. Here again, there is balance and consistency through 2011 with an average of over 425 sales for each quarter. At the same time, our inventory of homes on the market is the lowest now since early 2006. Given the attraction of Santa Fe has not changed, it appears there is still pent up demand for the Santa Fe lifestyle from retiring baby boomers.
If not now, when is the question on every Santa Fe home buyer’s mind who is still sitting on the fence. As supply and demand come back into play in a more balanced market, the inventory of deals and good buys will be reduced. And over time, prices will change too if this is the start of new upward trend. So, if not now, when? is the question today for Santa Fe real estate buyers to answer.
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Santa Fe Real Estate: Looking Back on 2012!
You are probably wondering why I am looking back already on 2012. After all the year just started. Well it seems like it is moving at twice the speed of 2011 when it comes to working in real estate. Something has shifted and I looking for clues and your insights. I do not know if this is only about our Santa Fe real estate market or whether you are seeing shifts in your market. I see more activity from buyers. Either they are off the fence or they have finally discovered how to search for real estate online. I find sellers more interested in market statistics now than in 2011. My instincts told me something is different. It was time to check the numbers.
In the first 21 days of this new year, this is what the numbers say about activity in Santa Fe real estate for single family homes, town homes and condos in Santa Fe County.
It is clear Santa Fe real estate is beyond active and why it pays to look back often at the local market numbers for trends and activity. If anything, it is a way to show all real estate is local and something the national media news needs to remember in their headlines. What do you see in your local market? Are you experiencing a shift in activity?
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Do you love Art? Food? Wine? Fashion? Homes? Santa Fe? Then, it is time to mark your calendar now for the upcoming 15th Annual Santa Fe Art Feast weekend happening on February 24-26, 2012. Good things happen when a community supports the imagination of our youth. Your participation in ArtFeast benefits the nonprofit ArtSmart which has donated $972,000 to support visual art programs in Santa Fe. Perhaps this is why we continue to be a community where art makes a difference and imagination rules.
Tickets for the Edible Art Tour are available from www.ticketssantafe.com. The self-guided Home Tour is sponsored by Santa Fe Properties. The home tour is on Saturday and Sunday from noon to 4 PM and is free.
We are thrilled our livable sculpture home on at 7468 A Old Santa Fe Trail has been selected as one of Santa Fe’s most artistic and elegant homes on tour this year. We look forward to seeing you on tour and helping us make a difference for the kids in our community.
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Experienced Realtor with vision and strategies always focused on achieving your real estate goals. My passion is to make a difference in real estate and Santa Fe. See how here BreakingSantaFeNews.com
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