Santa Fe, NM

Leaning buyer's-0.9% YoY

Housing market overview · Updated weekly

$520,000median sale price

Homes sold

79

Last 12 weeks

Days on market

111

Average pace

Active listings

380

4.8 months supply

Sale-to-list

97.0%

Below asking

The Santa Fe housing market is currently classified as a leaning buyer's with a median sale price of $520,000. Prices have fallen 0.9% compared to last year, with homes spending an average of 111 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Santa Fe

There are currently 380 homes listed for sale in Santa Fe, New Mexico. The median listing price is $550K.

Active listings

380

Homes on market

Median list price

$550K

Avg. days on market

111

Days until sale

New this week

99

Newly listed

Price drops:16.8%of listings
Sale-to-list:97.0%

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Frequently asked questions

What is the average home price in Santa Fe?

The median home sale price in Santa Fe is $520,000, down 0.9% from last year.

How long do homes stay on market in Santa Fe?

Homes typically spend 111 days on market before going under contract.

Is Santa Fe a buyer's or seller's market?

With 4.8 months of supply, Santa Fe is currently a leaning buyer's.

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