1st Quarter 2018 Market Update for Santa Fe

Our 1st quarter 2018 Market Update for Santa Fe is now available.  2018 is off to a great start and is continuing the trend of robust and healthy sales in the Santa Fe’s residential real estate market:

  • Total units sold increased 16% for residential sales of single family homes, townhomes, and condos in Santa Fe County.
  • Days on market decreased a remarkable 35% average when compared to one year ago.
  • Median prices of residential sales rose by 7% while the average selling price rose by 5% to $422,000.
  • Inventories of existing residential housing decreased to their lowest level in the last three years in all price categories with the exception of homes priced from $2M and above which remained relatively flat.

Click below to view the full market update: