There are 76 active properties and four sales in the month of December.
Sales slowed in Las Campanas for 2011 to 90, compared to 2010's 105. Average sale prices for 2011 fell below the $1M mark to an average of $923K.
Days on market for active properties increased to 17 months.
Las Campanas continues to provide an excellent opportunity for those seeking everything from a grand home to a 2 bedroom townhouse.
Asking prices curently range from $399,000K to several million.
Average decline in asking prices is currently 6%. This is a reduction from several months ago as bargain hunters are acquiring the distressed properties.
Twelve properties are either bank owned or short sales and present exceptional opportunity.
While some properties do not reflect price changes in their histories, it is probably safe to assume that these owners are not highly motivated and their asking prices may not reflect current fair market value.
ZIP Code: 87506 Location Characteristics: Santa Fe's spectacular landscape, light and traditions have profoundly influenced Las Campanas. Here, residents live inspired lives, pursuing dreams as horse-lovers, active citizens, golfers, artists and collectors.
Life at Las Campanas includes two Jack Nicklaus Signature Golf Courses, an unparalleled Equestrian Center, a well-appointed Spa & Tennis Center and the inviting Hacienda Clubhouse that serves as the heart of the community.
This peaceful setting is home to more than a dozen distinctive neighborhoods, consisting of custom and semi-custom pueblo-style homes and residences with lock-and-leave convenience, to handsomely crafted log-cabin homes and pristine developer homesites that invite residents to match their living spaces to their lifestyles. Each home and homesite uniquely reflects the spirit of the Las Campanas community, offering warm, inviting gathering places for the indoor and outdoor living possible in New Mexico's mild four-season climate.
br> Visit http://www.lascampanas.com/ for more information
