Market Update
Santa Fe
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$625k
3% less than in
Q1 2025
Q1 2025
Avg. Days On Market
85
20% more than in
Q1 2025
Q1 2025
Closed Sales
388
1% fewer than in
Q1 2025
Q1 2025
Inventory
540
14% more than in
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $551k | $772k | 454 |
| Q1 '23 | $559k | $753k | 356 |
| Q1 '24 | $610k | $868k | 333 |
| Q1 '25 | $642k | $915k | 392 |
| Q1 '26 | $625k | $857k | 388 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 31.2% |
|---|---|
| Q1 '26 | 121 |
| Q1 '25 | 121 |
| 1YR CHANGE | 0% |
| Closed $500k - $1m | 44.1% |
| Q1 '26 | 171 |
| Q1 '25 | 166 |
| 1YR CHANGE | +3% |
| Closed $1m - $2m | 18.8% |
| Q1 '26 | 73 |
| Q1 '25 | 80 |
| 1YR CHANGE | -9% |
| Closed Over $2m | 5.9% |
| Q1 '26 | 23 |
| Q1 '25 | 25 |
| 1YR CHANGE | -8% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 37 | $551k |
| Q1 '23 | 64 | $559k |
| Q1 '24 | 66 | $610k |
| Q1 '25 | 71 | $642k |
| Q1 '26 | 85 | $625k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
14%
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.
13%
Closed Sales
-1%
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.
20%
Eldorado
Median
$665k
DOM
61
Sales
24
Inv
13
Galisteo
Median
n/a
DOM
0
Sales
0
Inv
4
Historic Eastside
Median
$1.29m
DOM
41
Sales
9
Inv
9
Lamy
Median
n/a
DOM
0
Sales
0
Inv
2
Las Campanas
Median
$1.41m
DOM
85
Sales
14
Inv
49
Los Alamos
Median
$550k
DOM
63
Sales
23
Inv
16
Northern New Mexico
Median
$591k
DOM
82
Sales
508
Inv
738
Northwest of City Limits
Median
$1.51m
DOM
71
Sales
12
Inv
41
Rancho Viejo
Median
$583k
DOM
82
Sales
18
Inv
6
Santa Fe City Northeast
Median
$857k
DOM
103
Sales
54
Inv
65
Santa Fe City Northwest
Median
$1.12m
DOM
106
Sales
36
Inv
85
Santa Fe City Southeast
Median
$865k
DOM
71
Sales
33
Inv
37
Santa Fe City Southwest
Median
$515k
DOM
78
Sales
31
Inv
42
Southeast of City Limits
Median
$845k
DOM
116
Sales
2
Inv
9
Southern New Mexico
Median
$170k
DOM
114
Sales
27
Inv
71
Southwest of City Limits
Median
$565k
DOM
58
Sales
4
Inv
4
Taos
Median
$735k
DOM
52
Sales
1
Inv
1
Tesuque
Median
$2.5m
DOM
127
Sales
1
Inv
11
White Rock
Median
$557k
DOM
30
Sales
24
Inv
13