Taos real estate
The town of Taos in New Mexico is located at an altitude of 6,950. It is the seat for the Taos County, which has a total population of 25,581 and the population in the town of Taos counting to be 6,213. If you are interested in skinning then Taos is the place where you should be. You can enjoy all the four seasons in Taos. The ski season starts from Mid November and lasts till Mid April .
Taos also organizes the Spring Arts Festival in the spring season . This makes this time period in Taos as the most colorful. Summer is the busiest in Taos because of the fact that there are a number of tourists who flock to this area to get away from the heat . This is a good time for people who love hiking, cycling, rafting, biking and other outdoor sports. Because of the tourism the real estate market in Taos never dies be it the summer time or the winter the area sees a constant flow of tourists. Most of the real estate here is out on rent or vacation properties . Let us see the Taos real estate market.
Taos real estate market
The Taos real estate market has been seeing a constant slowdown as the national real estate market . However lately there has been seen an increase in the property shows, the inquiries and the sales contracts . The market will take time to pick up and now as it is summer time real estate experts are expecting to see a rise in the market.
The Taos real estate market is a very happening sector and houses do not stay for long in this area . There are many interested buyers who have a good borrowing capacity or liquidity and hence the houses that come for sale are not in the market for a very long time . The market is not seeing any sort of real estate bubble and there is no decrease in the real estate prices even though the market has seen a slow down in the recent past . It is a good time for the buyers to invest as when the market recovers the prices are expected to go up.
Taos real estate prices
The number of houses sold in the first quarter of 2007 is almost 39% less than what was sold in 2006 .In contrast the median price has increased to $332,500 from $312,000 . This has seen an increase of 7% in the median price.However the sale of the condominiums and the townhouses has seen a decrease of almost 54% as compared to the last year . The sale of single-family homes saw an increase with increase in the median prices also from $244,500 to $283,300 .
The sale of the residential housing units has decreased by 45% however there has been a constant rise in the average prices . The sale of land units has also seen a decrease by 58% but the median prices have increased from $67,500 to $85,000.
Even though the market is seeing a slowdown it is expected that it will see an increase in the near future faster than the national real estate market. Taos is being considered as one of the most wanted real estate investments in the coming 5 years.
The property sales are up in the area of Taos ski valley. A studio apartment is sold for a minimum price of $160,000. The Taos ski valley attracts investors from all over the world . The houses in the Taos area can range from $250,000 to up as much as a million. The Taos real estate market is still holding its place .
If you are interested in investing in Taos real estate then it is advised that you take the help of a real estate agent .The real estate agents would know better about the properties and which one would suit your taste . There is no dearth of real estate agents in Taos and you can find one easily who would work for your benefit . Some of the real estate agents working in Taos are mentioned below.
Real estate agents in Taos
Enchanted Taos:
They can help you buy or sell any kind of property ranging from homes, condominiums, town homes, land, ranch to commercial properties . You can contact this realtor at Prudential Schantz Realty ; 314 Paseo del Pueblo Norte A; Taos, New Mexico 87571. Call at their toll free number 866.770.2983 or on the direct number at 505.770.2983 or fax them at 505.758.4833.
Mariposa Realty:
They provide listings for the entire Taos County and can help you in finding the right kind of real estate property that you are looking for. They are located at 313 Paseo Del Pueblo Norte (across from the Taos Post Office). You can call them up at their office number 505.758.5600 or 800.530.4880 or fax them at 505.758.0034.
Taos Primer Properties :
They have listings for some of the best houses in Taos as well as other areas of Northern Mexico. You can contact Harvey Blaustein at 603 Camino de la Placita, Taos, NM 87571 or call him at 505.737.5678 or 866.737.9797 or fax him at 505.737.9797.
Taos Ski Valley Realty:
They can help you locate property in Taos as well as Taos ski valley. You can contact them at #5 Ernie Blake Road; P.O. Box 69; Taos Ski Valley, New Mexico 87525. You can call them at 505-776-0600 or fax them at 505-776-2341 *103
Taos real estate:
They provide real estate property in Taos and have some of the best listings. You
can contact them at Sholan Chambers; (800) 530-8899 or (505) 758-1924 x 225
in Taos, NM.
Cell: (505)741-1233
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