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Moo Thorpe
Associate Broker

    GRI: Graduate REALTORĀ® Institute

Direct: (505) 780-0310



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Sotheby's International Real Estate
326 Grant Avenue
Santa Fe, NM


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Archive for July 2009

Santa Fe Wins High Marks from Travel and Leisure Magazine! (And Other Good Real Estate Market News)

Monday, July 13th, 2009

I recently learned that Santa Fe has been rated as one of the 2009 Best U.S. and Canadian cities for best travel experience. Not only was Santa Fe in the top ten, it was rated in the top 5!!!!! (Last year we were rated in the top ten). You should consider picking up a copy of the August edition of the magazine as Santa Fe will be featured with the other four top destinations.

While honored by Travel and Leisure, U.S. News and World Report named Santa Fe as “One of the Top Ten Housing Markets for the Next 10 Years” and it names Santa Fe as its Editor’s pick for “Best Places to Retire”.

Coming back to the present, we have just concluded the second quarter and are compiling the statistics for year to date sales activity. As traditionally happens, sales picked up in the second quarter with there being 249 more residential sales this quarter than last. The average days on the market has held steady at 185 days while the average price/square foot has slipped from $272 to $261. I’ll have more to report next week and will post an updated State of the Market Report. Be sure to check in then to get the full picture!

As always, just let me know if we can assist you or help in any way with your real estate needs-

Santa Fe’s Foothills For Great Vistas

Monday, July 6th, 2009

Of Santa Fe’s many areas to live, our foothills are among locals favorites. Flanking the City’s east and north sides, these foothills of the Sangre de Cristo Mountains contain the City’s growth as they transition into the National Forest and our 12,000 foot peaks high above.

Depending on location, huge views of the Sandia and Jemez Mountain ranges are seen in the distance from most vantage points. Depending on location, it is possible to catch views of the ski mountain as well as the Pojoaque and Espanola Valley. Vegetation and terrain ranges from rolling foothills covered with juniper and pinion to much more mountainous terrain with pinion and ponderosa pine.

Here are some of the subdivisions and sub- areas to consider if you have interest in the foothills:

  • Tesuque
  • The Hills and Villas at Bishop’s Lodge
  • Monte Sereno
  • The Summit
  • Sierra del Norte
  • Ceros Colorados
  • Vista Redonda
  • Los Caminitos
  • Tesuque Ridge Ranch
  • Wilderness Gates
  • Ponderosa Ridge
  • Double Arrow Road

Of course, the above is just a sampling, yet it can help you get started on your search. Just let me know, though, if you would like help in sorting through options!

Cheers- Moo moo@moothorpe.com

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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