Real Estate by the Numbers: November Home Sales
January 6th, 2012By Abigail Davidson, Associate Broker, CRS, ABR, SRES, CLHMS Sotheby’s International Realty
The following information has been compiled to provide you with updated information on sales in Santa Fe and its surrounding areas from November 1, 2011 to November 30, 2011. These statistics are for all residential home sales including
single-family homes, condos and townhomes.
There were a total of 103 home sales during this time period ranging in price from $36,000 to $5,100,000. The number of sales this month was down from 123 homes sold in October 2011. Total sales volume for November was $49,770,631 down $2+ million from October.
The average sales price was $483,210, up slightly from the average sales price of $421,835 for the month of October.
Homes on the market for more than 120 days sold for an average of 93.38 percent of list price at the time of sale and accounted for 65.05 percent of all sales. One home sold in 30 days or less.
The average number of days on the market continues to climb this month to 212, which is higher than 194 average days on the market for October. Here is how number of sales per price-band reported in this month:
53 Homes sold for under $350,000;
19 homes sold from $350,000 to $500,000;
22 homes sold from $500,000 to $1,000,000;
9 homes sold from $1,000,000 to $5,100,000.