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: