Market Update
Santa Fe
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$651k
6% less than in
Q2 2025
Q2 2025
Avg. Days On Market
56
3% fewer than in
Q2 2025
Q2 2025
Closed Sales
454
1% more than in
Q2 2025
Q2 2025
Inventory
737
1% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $638k | $801k | 514 |
| Q2 '23 | $637k | $856k | 482 |
| Q2 '24 | $635k | $839k | 450 |
| Q2 '25 | $690k | $916k | 448 |
| Q2 '26 | $651k | $852k | 454 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 26.7% |
|---|---|
| Q2 '26 | 121 |
| Q2 '25 | 106 |
| 1YR CHANGE | +14% |
| Closed $500k - $1m | 48.7% |
| Q2 '26 | 221 |
| Q2 '25 | 220 |
| 1YR CHANGE | 0% |
| Closed $1m - $2m | 19.4% |
| Q2 '26 | 88 |
| Q2 '25 | 89 |
| 1YR CHANGE | -1% |
| Closed Over $2m | 5.3% |
| Q2 '26 | 24 |
| Q2 '25 | 33 |
| 1YR CHANGE | -27% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 28 | $638k |
| Q2 '23 | 62 | $637k |
| Q2 '24 | 46 | $635k |
| Q2 '25 | 58 | $690k |
| Q2 '26 | 56 | $651k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
1%
New Listings
New Listings represents the number of properties listed during the quarter.
1%
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.
-1%
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.
-3%
Eldorado
Median
$796k
DOM
21
Sales
34
Inv
30
Galisteo
Median
$612k
DOM
67
Sales
1
Inv
2
Historic Eastside
Median
$1.92m
DOM
72
Sales
4
Inv
12
Lamy
Median
$820k
DOM
85
Sales
1
Inv
2
Las Campanas
Median
$1.63m
DOM
71
Sales
17
Inv
62
Los Alamos
Median
$620k
DOM
41
Sales
40
Inv
18
Northern New Mexico
Median
$625k
DOM
56
Sales
601
Inv
968
Northwest of City Limits
Median
$1.68m
DOM
61
Sales
19
Inv
55
Rancho Viejo
Median
$542k
DOM
63
Sales
13
Inv
10
Santa Fe City Northeast
Median
$967k
DOM
30
Sales
32
Inv
97
Santa Fe City Northwest
Median
$1.05m
DOM
71
Sales
55
Inv
85
Santa Fe City Southeast
Median
$1m
DOM
38
Sales
33
Inv
66
Santa Fe City Southwest
Median
$522k
DOM
43
Sales
56
Inv
54
Southeast of City Limits
Median
$1.24m
DOM
55
Sales
7
Inv
8
Southern New Mexico
Median
$280k
DOM
63
Sales
7
Inv
92
Southwest of City Limits
Median
$609k
DOM
46
Sales
1
Inv
8
Taos
Median
n/a
DOM
0
Sales
0
Inv
3
Tesuque
Median
$2.64m
DOM
90
Sales
5
Inv
12
White Rock
Median
$612k
DOM
32
Sales
25
Inv
10