Santa Fe, NM
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Santa Fe market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Santa Fe, NM.
The Santa Fe residential market is currently in a Cooling phase, characterized by a pending ratio of 0.32, indicating demand absorption is lagging supply. This condition is further supported by a year-over-year decline in the pending ratio.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Data not yet available.
Shows whether local employment conditions are supporting buyer demand.
Population & Migration
Data not yet available.
Shows whether the area is gaining or losing potential housing demand.
Future Housing Supply
Building permits (private housing units) · Jun 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the Santa Fe market right now.
Active listings have shown a marginal year-over-year contraction of 1.1%, suggesting a modest tightening of available inventory. However, new listings have decreased more significantly, down 19.4% over the past year. The median listing price has seen a modest year-over-year increase of 1.2%, while the median days on market has extended by 5.3% year-over-year, to 65 days. The pending ratio has declined by 3.2% year-over-year, reflecting reduced demand velocity.
“Local pricing and inventory dynamics across Santa Fe shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.32, the current market dynamic places pressure on sellers to align with buyer expectations, leading to a slower pace of transactions. The extended median days on market and elevated price-reduced share indicate that buyers may have increased negotiating leverage, compelling price discipline among sellers to facilitate absorption.
The average listing price in Santa Fe is $1,301,355, notably higher than the median listing price of $808,475. While the average price has seen a 0.8% year-over-year increase, the median price per square foot has decreased by 0.9% over the same period, suggesting some softening in value metrics at certain price points, potentially impacting higher tiers more distinctly. No distinct luxury-segment signal in this dataset.
800 active listings represent the current floor, with new supply arriving at roughly 200 per month.
of active listings carry a price reduction, +1.0% from prior period.
Median price per square foot has moved -0.9% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Santa Fe, NM? Homes here are taking 3 days longer to sell than last year.
Buyers have leverage in Santa Fe, NM. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 32%
- Median Days on Market
- 65 days
- Inventory YoY
- −1%
In a buyer's market, strategy beats timing. See how your home scores in Santa Fe, NM and what moves the number.
See my Sold Score & selling strategy →Talk to a listing expert who is actively selling in Santa Fe, NM.
Francesco Crisafulli →Keller Williams Realty
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Metro Demographics
ZIPs in Santa Fe, NM
87505
santa fe
$852K
169 active · 59 DOM
87501
santa fe
$918K
148 active · 72 DOM
87506
santa fe
$1.95M
148 active · 68 DOM
87507
santa fe
$557K
141 active · 54 DOM
87571
taos
$597K
122 active · 89 DOM
87508
santa fe
$754K
114 active · 64 DOM
87557
ranchos de taos
$699K
57 active · 63 DOM
87529
el prado
$521K
51 active · 61 DOM
87558
red river
$599K
44 active · 52 DOM
87520
chama
$419K
28 active · 68 DOM
87532
espanola
$435K
25 active · 94 DOM
87544
los alamos
$694K
23 active · 28 DOM
87547
white rock
$695K
17 active · 63 DOM
87556
questa
$361K
16 active · 121 DOM
87525
taos ski valley
$709K
15 active · 101 DOM
87551
los ojos
$330K
12 active · 211 DOM
87577
tres piedras
$454K
12 active · 148 DOM
87514
arroyo seco
$1.07M
12 active · 99 DOM
Sorted by active inventory · click a ZIP for its full report
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