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Business Matters: Area home sales, inventory down 16 percent

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BRUCE KRASNOW

Business Matters

Posted: Monday, June 23, 2014 7:00 pm

Barker Realty’s Santa Fe Real Estate Market News for May indicates that both closed residential home sales and the inventory of homes for sale are down from a year earlier.

Barker reports that 145 homes sold in May, down 16 percent from the 174 in 2013, while inventory is 7 percent less than 2013 — with 1,281 properties now on the market.

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