Home Report                                                                                                                       

  Don Borgeson

                                                                                borgi@angelfirenm.us

                                                                                Updated Septemver 6, 2008

 

159 homes are currently listed for sale in Angel Fire. The average price of a home is currently $566,220. Cost per sq. ft. is $201.31 Homes listed for sale currently average 541 days on market. 84 of the homes currently listed are 1996 or newer construction. These homes average $228.88 per sq. ft. at an average price of $684,028 and have been on the market for 521 days.  Older homes listed average $170.93 per sq. ft.

The lowest priced home listed is $163,000  median $424,000 and high $3,500,000

The Angel Fire home market was even from 2006 to 2007.  The Taos home market was down 26% during the same time period. The Sante Fe market has declined about 17%

As of  9/2/2005  a  septic inspection Certified by the NMEID must be presented for the recording of any structure sale.

Home Sales - Angel Fire

Year        #       Avg price  price gain       cost/ft     Size    days on mkt   % of list price

1996       85       $161,770      7.3%       $  84.04      1,974        321

1997       80       $165,057      2%          $  86.83      2,028        234

1998       78       $179,124      8%          $  89.95      1,974        372                 95%

1999       88       $198,157     9.5%        $  95.41      2,116        331                 96%

2000       76       $204,877      3%          $103.56      2,002        472                 97%

2001       87       $222,449      7.8%       $110.03      2,030        392                 95%

2002       90       $258,485    13.9%       $118.16      2,018        334                 95%

2003       94       $261,312     1%           $125.66      2,079        398   96% * 9 not rptd

2004       84       $311,856   16.2%        $137.32      2,319        433   95%*11 not rptd

2005      138      $323,758     8%           $149.14      2,036        522   95%*23 not rptd

2006        91      $369,251                     $165.01      2,219        398   95% *16 not rptd

2007        92      $424,675     6%           $175.27      2,323        428   96% *26 not rptd

2008        48      $347,950                     $167.45                       476   95%  - 15 not rptd

The least expensive sold home in 2007 was $160,000, the median - $370,000 and the highest, $1,200,000

Sold Spec Homes  Angel Fire

Year       #       Avg price     cost/ft          size          days on mkt        % of list price

1997      23      $174,985      $  98.16       1,796         176                       96%

1998      17      $172,001      $105.58       1,763         230                       97%

1999      17      $225,810      $102.27       1,153         258                       98%

2000      16      $212,318      $112.35       1,883         174                       99%

2001        8      $273,992      $124.99       2,342         215                       96%

2002      12      $243,200      $129.86       1,870         125                       99%

2003      17      $265,761      $137.27       1,932         171                       99%

2004      18      $289,450      $144.93       1,927         236           98% * 2 not yet rptd

2005      21      $356,250      $175.34       1,898         294           97% * 3 not yet rptd

2006      22      $407,927      $191.45       2,060         298           95%  *7 not rptd

2007      12      $491,714      $216.20       2,325         255           99% * 4 not rptd (8 homes are 2.5)

2008        4      $439,677      $212.91                         283           96%  - 1 not rptd

Home Listings - Moreno Valley

      119 homes are currently listed for sale outside Angel Fire. The average price is $420,672 - cost per sq. ft. 191.87 and the average days on market is 467. The lowest price home is $49,000  median $259,000 and the high price is $2.9 M.  Many homes outside the resort have substantial acreage attached.

Home Sales   Moreno Valley

Year        #              Avg price                cost/ft         days on mkt      % of list price

1995        19            $  69,529                 $  50.23                   292

1996        33            $  78,315                 $  57.88                   314

1997        32            $  95,693                 $  69.21                   335

1998        28            $119,994                 $  77.69                   239                          95%

1999        27            $101,723                 $  70.37                   500                          93%

2000        29            $146,125                 $  91.64                   420                          91%

2001        21            $156,568                 $  86.86                   375                          90%

2002        44            $178,543                 $104.07                   505    85% * 11 not rptd

2003        51            $162,205                 $105.36                   455    85% *   7 not rptd

2004        36            $202,758                 $123.17                   679    90% *   7 not rptd

2005        36            $209,202                 $105.10                   608    87% *   9 not rptd

2006        40            $246,824                 $128.58                   527    95% *  11 not reptd

2007        33            $221,500                 $130.96                   492    95% *    8 not rptd

2008        18            $177,544                 $127.30                   489    93%       7 not rptd

Sales results for 2007 home sales outside Angel Fire show a low sale of $57,000, median sales of $173,000 and a high of $559,000.

Land Sales - Condo Sales
Monte Verde Realty

Monte Verde Real Estate of Angel Fire, New Mexico, offers a wide selection of fine homes: vacation homes, mountain homes, log homes, condominiums (most with mountain views, excellent golf courses, world-class downhill and cross-country skiing, and fly fishing close by). We also offer horse and cattle ranches, farms, acreages, forested lands and alpine properties, plus big game hunting and other recreational properties. We serve the Angel Fire - Eagle Nest - Taos - Raton - Cimmaron - Red River, Colfax County, Taos County and Mora County areas of northern New Mexico: home of the Rio Grande Gorge, Cimmaron Canyon, the Enchanted Circle, Wheeler Peak, Angel Fire Ski Resort, Taos Ski Valley and Red River Ski Mountain.

All information contained herein has been obtained from sources deemed reliable but cannot necessarily be guaranteed by the broker or its agents. No warranties, either expressed or implied, are made by either Brinn Colenda or Monte Verde Realty, Inc. Interested parties should verify all facts. These properties are subject to prior sale, withdrawal or change by owner. Void where prohibited by law. ©2005-2008 Brinn Colenda