Santa FeAlbuquerque

Market Update

Santa Fe

Q3 2024

Residential Property Snapshot

Single Family Homes & Condos | Q3 2024
Med. Sales Price
$660k
2% less than in
Q3 2023
Avg. Days On Market
44
10% more than in
Q3 2023
Closed Sales
413
8% fewer than in
Q3 2023
Inventory
606
41% more than in
Q3 2023

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 2024

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q3 2024

Rotate your device to view as table
'23 - '24
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
41%
New Listings
New Listings represents the number of properties listed during the quarter.
8%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
52%
Closed Sales
-8%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
10%

19 Communities

Communities

Eldorado

Median
$709k
DOM
20
Sales
35
Inv
23

Galisteo

Median
$650k
DOM
97
Sales
2
Inv
3

Historic Eastside

Median
$1.6m
DOM
12
Sales
5
Inv
10

Lamy

Median
n/a
DOM
0
Sales
0
Inv
3

Las Campanas

Median
$1.87m
DOM
101
Sales
22
Inv
44

Los Alamos

Median
$536k
DOM
43
Sales
38
Inv
18

Northern New Mexico

Median
$620k
DOM
47
Sales
554
Inv
849

Northwest of City Limits

Median
$1.88m
DOM
105
Sales
19
Inv
37

Rancho Viejo

Median
$589k
DOM
63
Sales
16
Inv
6

Santa Fe City Northeast

Median
$1.03m
DOM
67
Sales
57
Inv
83

Santa Fe City Northwest

Median
$1.05m
DOM
82
Sales
32
Inv
73

Santa Fe City Southeast

Median
$995k
DOM
12
Sales
35
Inv
60

Santa Fe City Southwest

Median
$495k
DOM
77
Sales
47
Inv
42

Southeast of City Limits

Median
$463k
DOM
46
Sales
1
Inv
10

Southern New Mexico

Median
$190k
DOM
120
Sales
30
Inv
54

Southwest of City Limits

Median
$950k
DOM
84
Sales
1
Inv
4

Taos

Median
$570k
DOM
87
Sales
4
Inv
3

Tesuque

Median
$1.8m
DOM
32
Sales
1
Inv
10

White Rock

Median
$600k
DOM
49
Sales
19
Inv
8

Explore More

Search Santa Fe Properties

SEARCH

Explore Santa Fe

EXPLORE

Data provided by Santa Fe Association of Realtors. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2024 end of day. This report was last updated Oct 23, 2024.

© 2024 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.