Market Conditions Report

Santa Fe, NM

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Santa Fe, NM

Mon May 17 2021
This week the median list price for Santa Fe, NM is $1,162,500 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has increased to 170. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Santa Fe, NM

Mon May 17 2021
This week the median list price for Santa Fe, NM is $1,162,500 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has increased to 170. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Santa Fe market.
Median List Price $1,162,500
Median Price of New Listings $700,000
Per Square Foot $386
Average Days on Market 108
Median Days on Market 28
Price Decreased 21%
Price Increased 6%
Relisted 4%
Inventory 170
Median Rent $1,733
Market Action 55
Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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
$3,875,000 6,596 2.5 - 5 acres 5 6 26 4 0 119
$1,697,000 3,889 1 - 2.5 acres 3 4 23 6 6 42
$850,000 2,708 0.5 - 1 acre 3 3 29 16 11 21
$415,000 1,662 6,500 - 8,000 sqft 3 2 38 17 19 14