SantaFeBeautifulHomes.com

Summit

Here are the stats on residential properties sold in the Summit in 2005, 2006, 2007, 2008, and year to date.  Intersting to note that the average price per square foot for properties sold in The Summit was in 2005 – $285, 2006 – $411, 2007 – $428, and 2008 – $461.  Average sold price as a percentage of final list price was in 2005 – 92.30%, in 2006 – 94.74%, in 2007 – 97.05%, and in 2008 – 91.67%.  As of yet, no residential properties have sold this year.

2005

Active: 0 Pending: 0 Sold: 4 Other: 0 Total: 4
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 3 2.00 3,200 $699,000 $635,000 142
Average 4 4.00 5,469 $1,686,000 $1,556,250 262
Median 4 4.00 4,603 $1,647,500 $1,545,000 278
Maximum 6 6.00 7,200 $2,750,000 $2,500,000 350
Total Dollar Value         $6,225,000  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 0 0 0 0 4
Breakdown % 0.00 0.00 0.00 0.00 100.00
Avg % SP/LP 0.00 0.00 0.00 0.00 92.30

2006

Active: 0 Pending: 0 Sold: 6 Other: 0 Total: 6
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 2 2.00 1,500 $759,000 $720,000 68
Average 3 3.00 2,451 $1,062,667 $1,006,750 207
Median 3 3.00 2,408 $1,009,000 $921,250 194
Maximum 5 4.00 3,334 $1,500,000 $1,500,000 440
Total Dollar Value         $6,040,500  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 0 0 1 1 4
Breakdown % 0.00 0.00 16.67 16.67 66.67
Avg % SP/LP 0.00 0.00 100.00 92.54 93.33

2007

Active: 0 Pending: 0 Sold: 5 Other: 0 Total: 5
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 3 3.00 2,756 $1,285,000 $1,165,000 48
Average 3 3.00 3,151 $1,390,000 $1,349,000 276
Median 3 3.00 3,200 $1,375,000 $1,400,000 205
Maximum 3 3.00 3,535 $1,500,000 $1,500,000 769
Total Dollar Value         $6,745,000  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 0 1 0 1 3
Breakdown % 0.00 20.00 0.00 20.00 60.00
Avg % SP/LP 0.00 90.66 0.00 100.00 97.96

2008

Active: 0  Pending: 0  Sold: 3  Other: 0  Total: 3
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM
 Minimum  2   0.00   3,053   $1,145,000   $1,100,000   218 
 Average  3   0.00   3,541   $1,781,667   $1,633,333   483 
 Median  3   3.00   3,419   $2,000,000   $1,800,000    324 
 Maximum  3   0.00   4,150   $2,200,000   $2,000,000   907 
 Total Dollar Value           $4,900,000   
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   0    0    0    0    3 
 Breakdown %   0.00    0.00    0.00    0.00   100.00 
 Avg SP % LP   0.00    0.00    0.00    0.00    91.67 

Year to Date as of 14 June 2009

None sold