Neil Lyon 4th Quarter 2012 State of the Market Update

After a flurry of activity during the holiday season, we finished last year as expected, based upon the first 3 quarters of 2012. Closed sales in Santa Fe County, at prices less than $1,000,000, increased over 17%, as compared to 2011. Closed sales at prices at $1,000,000 or more decreased by almost 14%, as compared to the prior year. 76% of all sales in 2012 were at prices less than $500,000. 90% of all sales involved properties valued less than $750,000.  Read more at