Real-Time Real Estate Market Report

Santa Fe, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Santa Fe, NM

Sun Aug 30 2026
This week the median list price for Santa Fe, NM is $949,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 551. 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 started cooling and prices have been flat for several weeks. Since 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

Sun Aug 30 2026
This week the median list price for Santa Fe, NM is $949,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 551. 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 started cooling and prices have been flat for several weeks. Since 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 $665,495
Per Square Foot $403
Average Days on Market 126
Median Days on Market 77
Price Decreased 43%
Price Increased 0%
Relisted 5%
Inventory 551
Median Rent
Market Action 31
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,950,000 4,395 1 - 2.5 acres 4 4 26 5 12 87
$1,380,000 3,030 1 - 2.5 acres 3 3 31 4 12 91
$755,000 2,140 8,000 - 10,000 sqft 3 2 32 8 4 70
$505,000 1,570 4,500 - 6,500 sqft 3 2 24 13 12 56