Based upon sales statistics obtained from the Santa Fe Association of Realtors MLS, in the second quarter of 2017, sales activity continued to support the vigorous growth pattern established throughout the first quarter of the year.
Sales prices for residential properties – both average and median – rose by 6% and total units sold increased by 11% when compared to the second quarter of 2016.
All price segments experienced increased sales including an increase in units sold by 4% in homes up to $250,000 to a 150% increase in homes above $2 million.
Impressive sales activity also occurred in homes sold from $750,000 to $1 million, a 53% increase from 55 to 84 units sold, and those sold in the $500,000-$750,000 range which registered a 32% increase when compared to the second quarter of 2016.
Compliments of Adrienne DeGuere & Vanessa Rios y Valles
Adrienne DeGuere & Vanessa Rios y Valles