How competitive is the Santa Fe housing market?

Santa Fe is moderately competitive as of July 2026, with a Sold Score of 44/100 (Fair Chance of Selling). **Pending ratio** is 0.32 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -1.1% — fewer choices for buyers than a year ago. **Median days on market** is 65. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 31.0% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (July 2026): Sold Score: 44/100 (Fair Chance of Selling) · Pending ratio: 0.32 · Inventory YoY: -1.1% · Median days on market: 65 · Sellers cutting price: 31.0% · Median listing price: $808,475 (+1.2% YoY)