SantaFeBeautifulHomes.com

Summit

Here are the stats on residential properties sold in the Summit in 2005, 2006, 2007 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 year to date in 2008 - $383 per square foot.  Average sold price as a percentage of final list price was in 2005 - 92.30%, in 2006 - 94.74%, in 2007 - 97.05%, and year to date in 2008 - 86.70%.

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

Year to Date- as of 9 November 2008

Active: 0 Pending: 0 Sold: 2 Other: 0 Total: 2
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 3 3.00 3,419 $1,145,000 $1,100,000 218
Average 3 3.50 3,785 $1,672,500 $1,450,000 563
Median 3 3.50 3,784 $1,672,500 $1,450,000 562
Maximum 3 4.00 4,150 $2,200,000 $1,800,000 907
Total Dollar Value         $2,900,000  
 
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 2
Breakdown % 0.00 0.00 0.00 0.00 100.00
Avg % SP/LP 0.00 0.00 0.00 0.00 86.70