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 market is currently characterized as Cooling, with a pending ratio of 0.31 indicating a slower absorption of available inventory. This represents a 6.8% decline in the pending ratio year-over-year, alongside a 5.4% year-over-year decrease in the median listing price.
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) · Aug 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.
Inventory levels remain relatively stable, with active listings showing a marginal 0.9% increase over the past year, while new listings have contracted by 8.9%. Concurrently, the median listing price has seen a 5.4% decline year-over-year and a 2.8% decrease month-over-month. The pace of sales, as reflected by pending listings, has moderated, with a year-over-year pending ratio decline of 6.8%.
“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
Negotiating leverage is shifting as demand absorption lags supply, creating conditions for more deliberative transactions. The current inventory levels and a lower pending ratio suggest a market where the pace of sales is less urgent, potentially requiring more price discipline from sellers to facilitate transactions.
No distinct luxury-segment signal in this dataset.
808 active listings represent the current floor, with new supply arriving at roughly 204 per month.
of active listings carry a price reduction, +3.4% from prior period.
Median price per square foot has moved -1.5% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Santa Fe, NM? Buyer Demand Index is running at 31%.
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
- 31%
- Median Days on Market
- 81 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
$799K
161 active · 80 DOM
87507
santa fe
$546K
160 active · 68 DOM
87501
santa fe
$900K
154 active · 80 DOM
87506
santa fe
$1.99M
133 active · 98 DOM
87571
taos
$619K
129 active · 114 DOM
87508
santa fe
$747K
111 active · 77 DOM
87529
el prado
$514K
53 active · 114 DOM
87557
ranchos de taos
$699K
49 active · 113 DOM
87558
red river
$587K
38 active · 90 DOM
87520
chama
$396K
30 active · 81 DOM
87532
espanola
$415K
29 active · 78 DOM
87544
los alamos
$655K
25 active · 28 DOM
87547
white rock
$770K
20 active · 29 DOM
87556
questa
$389K
17 active · 145 DOM
87540
lamy
$1.15M
14 active · 83 DOM
87525
taos ski valley
$695K
13 active · 119 DOM
87551
los ojos
$439K
12 active · 152 DOM
87514
arroyo seco
$1.47M
12 active · 132 DOM
Sorted by active inventory · click a ZIP for its full report
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