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Q3 Market Report
Market Update Q3 | 2019 Santa Fe
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at a glance {Q3 | JUL - SEP 2019}
santa fe
10 %
Change in Median Selling Price {2019 v 2018} -6 %
Change in Units Sold {2019 v 2018} 2,362
Units Sold
$ 475k
Average Selling Price
Market Share Sotheby’s International Realty vs. Local Competitors {SEP 2019 | LAST 12 MONTHS}
Market Share - All Prices
Market Share - $1M Above
SIR Santa Fe Properties Barker Realty Keller Williams All Other SIR Keller Williams Santa Fe Properties Barker Realty All Other
Market Share All Price Ranges
Market Share Over $1 Million
28 % 13 % 11 % 11 % 37 %
58 % 11 % 9 % 7 % 15 %
Average Selling Prices by Top 5 Firms {SEP 2019 | LAST 12 MONTHS}
Sotheby’s International Realty vs. Local Competitors
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$200,000 $300,000
$100,000
$0
ASP by Competitor
SIR Santa Fe Properties SIR Firm 2
Barker Realty Keller Williams RE MAX First Firm 3 Firm 4 Firm 5
Average Selling Prices by Brokerage
$ 776,070
$ 539,684
Sotheby’s International Realty - Santa Fe
Firm 2
$ 484,931
$ 449,579
Firm 3
Firm 4
$ 370,026
Firm 5
350
300
250
200
150
100
50
0
Q3 | All Santa Fe | Five Years Days On Market
Days on Market - 5 Years
2015 2016 2017 2018 2019
Average Days on Market
Up to $250K $250K-$500K $500K-$750K $750K-$1M $1M-$2M Above $2M
Q3
{2019 v 2018} Change
2019 2018 2017 2016 2015
Up to $250K
$250K - $500K
$500K - $750K
$750K - $1M
$1M - $2M
Above $2M Total
-18% -14% -9% -14% 5% -6% -17%
69 48 71 103 143 254 73
84 56 78 120 136 269 88
120 94 122 166 184 281 140
143 128 166 209 193 261 154
