How competitive is the Santa Fe housing market?

Santa Fe is moderately competitive as of May 2026, with a Sold Score of 47/100 (Fair Chance of Selling). **Pending ratio** is 0.38 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -4.9% — fewer choices for buyers than a year ago. **Median days on market** is 53. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 30.2% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 47/100 (Fair Chance of Selling) · Pending ratio: 0.38 · Inventory YoY: -4.9% · Median days on market: 53 · Sellers cutting price: 30.2% · Median listing price: $834,500 (+5.7% YoY)