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Property Boom Hits Affordable Ski Town - Angel Fire Visitor Center
Posted Sep 11, 2017
Angel Fire, located in the Southern Rocky Mountains of northern New Mexico, has been dubbed “America’s Most Affordable Ski Town” by Realtor.com and ranked a Top 25 “Best Family Ski Resort in North America,” - and is now celebrating another record. The resort town set a record high in 2016 for single home and condo sales, with over $105 million dollars in sales, a 37-percent increase over the previous year.
With Colorado and other Rocky Mountain states feeling the pinch of huge crowds, traffic problems and high prices of real estate in their mountain towns, many second home owners are turning their focus to New Mexico. Nowhere is that interest in mountain life more obvious than at Angel Fire Resort.
“It was the highest sales in our town’s history of real estate," said Mike Woolley of RE/Max Mountain Realty. "We attribute this to several factors. First, we saw significant increases in visitors to the area from our Texas neighbors, who ended up purchasing second homes. Secondly, there was a small drop in listing prices that were more in balance with the current market. Finally, we’ve seen the town and resort continue to grow and offer more to do and experience here in the community.”
Several new community events are drawing even more visitors. Some of these include the new weekly Arts and Farmers Market, the Cool Summer Nights free outdoor concerts and the inaugural Angel Fire Food and Wine Roundup, a four-day western-themed food, wine, spirits and craft beer festival put on by Angel Fire Resort.
“For years this place has been a hidden gem for Texas families to come up and ski our 2,000 vertical feet of great cruising runs. However, over the past few summers the resort has invested in adding major events, capital improvement projects and new summer activities to increase its year-round popularity,” explained Mike Hess, CMO, Angel Fire Resort. “In addition to the multi-million-dollar country club at the golf course, we’ve recently opened a luxury RV Resort, added one of the highest zipline tours in the country and expanded our bike park to over 64 miles of trails, which is ranked the #1 bike park in the southwest.” Additionally, Angel Fire has one of the top charter middle and high schools in the country, bringing in more families who are wanting to combine mountain living with great education opportunities.
So far, 2017 is shaping up to be an even better year in real estate sales, with sales 10% more from this time last year, and the trend is most sales happen in the second half of the year.
Additionally, if a home, condo or land is purchased within Angel Fire Resort the owners are entitled to membership in the Resort, including access to downhill and Nordic skiing, snowboarding, golf, country club indoor pool, dining, tennis, downhill and cross-country mountain biking, ziplining, fishing, boating and fitness training and classes.
While the median house price is currently $389,000, the area offers several below $150,000 all the way to $2.5 million. Lot prices tend to start around $10,000 up to over $300,000.
(Home photos courtesy of RE/Max Mountain Realty.)