Real-Time Real Estate Market Report

Santa Fe, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Santa Fe, NM

Mon Jun 30 2025
This week the median list price for Santa Fe, NM is $949,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 524. Click here to stay informed with the Santa Fe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Santa Fe, NM

Mon Jun 30 2025
This week the median list price for Santa Fe, NM is $949,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 524. Click here to stay informed with the Santa Fe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Santa Fe market.
Median List Price $949,000
Median Price of New Listings $810,000
Per Square Foot $415
Average Days on Market 100
Median Days on Market 49
Price Decreased 33%
Price Increased 1%
Relisted 3%
Inventory 524
Median Rent
Market Action 32
Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,995,000 4,534 1 - 2.5 acres 4 4 25 10 8 56
$1,350,000 3,028 1 - 2.5 acres 3 3 32 11 8 56
$770,000 2,150 8,000 - 10,000 sqft 3 2 26 7 18 42
$525,000 1,566 6,500 - 8,000 sqft 3 2 25 18 17 56