February 2015 and Year-to-Date Analysis:
SOLD SINGLE FAMILY HOMES:
MLS # Area: Address:
95962 Ranchos De Taos 6 Casias Road
96056 Upper Colonias 18 Upper Colonias Rd.
94241 Town of Taos 107 Adobe Lane
94187 Llano Mesa 1 Pabita Rd.
96262 Canon 653 Don Nicholas
95828 Tres Ritos/Sipapu 4910 State Hwy 518
95311 Weimer 612 Critcher Road
94286 Town of Taos 311 Valverde
95548 Blueberry Hill 416 Blueberry Hill Rd.
93648 Canon Foothills 646 Don Nicholas
94923 Blueberry Hill 1514 Millicent Rogers Rd.
95202 Town of Taos 116 La Loma Plaza
This compares to 10 sales in February 2014. In 2015 the average days on market was 258 days.
We did not see any condos or town homes sell in the entire month of February. This compares to 4 condos sold in Feb. 2014.
While statistically February did not provide any clear statistical sign of increased closings. Many brokers experienced higher than typical buyer activity and we witnessed an increase in both the volume of showings but also the number of homes and condominiums going undercontract throughout the month. Given closings can often take 45-60 days we anticipate an increase in closings towards the end of March and early April.
Please check back periodically for new market updates and blog postings. Thanks for reading!