Single-Family Homes
Thu Apr 02 2026
This week the median list price for Santa Fe, NM is $875,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 404.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
| Median List Price | $875,000 | |
| Median Price of New Listings | $647,612 | |
| Per Square Foot | $424 | |
| Average Days on Market | 133 | |
| Median Days on Market | 98 | |
| Price Decreased | 33% | |
| Price Increased | 4% | |
| Relisted | 8% | |
| Inventory | 404 | |
| Median Rent | ||
| Market Action | 35 | |
| 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.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,840,000 | 4,039 | 1 - 2.5 acres | 4 | 4 | 23 | 4 | 1 | 147 |
| $1,245,000 | 2,689 | 1 - 2.5 acres | 3 | 3 | 31 | 10 | 12 | 105 |
| $699,000 | 1,953 | 6,500 - 8,000 sqft | 3 | 2 | 25 | 12 | 8 | 98 |
| $484,000 | 1,532 | 4,500 - 6,500 sqft | 3 | 2 | 23 | 16 | 7 | 63 |