#202500695, Manuel Miramontes, Luis Miramontes, Listing Office: Keller Williams Realty
Santa Fe County Housing Market Report January 2025•Santa Fe County, New Mexico
Housing Prices in Santa Fe County, NM
How much do homes in Santa Fe County, NM cost?
Housing Market Conditions
Is Santa Fe County, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Fe County is a Seller's Market
Difference Since January 2024
Since last year, Santa Fe County has remained a Seller's Market.
Santa Fe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Santa Fe County have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Santa Fe County was $595,000 in January 2025, up 1.7% from last year, and the median price per square foot was $351.
Median Sold Price By Counties
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Los Alamos County | $573K | $600K | +4.7% |
Bernalillo County | $337K | $350.3K | +3.9% |
Santa Fe County | $584.8K | $595K | +1.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $323.1K | $345K | +6.8% |
22 Bedrooms | $483K | $495.7K | +2.6% |
33 Bedrooms | $599.9K | $616.2K | +2.7% |
44 Bedrooms | $750K | $762.5K | +1.7% |
55+ Bedrooms | $1.3M | $1.2M | -8.1% |
Summary: Santa Fe County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.8%. The home price for 2 bedroom homes increased by +2.6%. The home price for 3 bedroom homes increased by +2.7%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes decreased by -8.1%.
Housing supply in Santa Fe County, NM
How many homes are available in Santa Fe County, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
800Last MonthJan 2025 | ||
8082 months agoDec 2024 | -1.0 % Change MoMDec – Jan |
Summary: The Santa Fe County real estate market had 800 homes for sale in Jan 2025, a 1.0 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
149Last MonthJan 2025 | ||
1642 months agoDec 2024 | -9.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 37 | 41 | +10.8% |
22 Bedrooms | 152 | 156 | +2.6% |
33 Bedrooms | 414 | 401 | -3.1% |
44 Bedrooms | 159 | 158 | -0.6% |
55+ Bedrooms | 46 | 44 | -4.3% |
Summary: Santa Fe County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +10.8%. The inventory for 2 bedroom homes increased by +2.6%. The inventory for 3 bedroom homes decreased by -3.1%. The inventory for 4 bedroom homes decreased by -0.6%. The inventory for 5 bedroom homes decreased by -4.3%.
Asking Price vs. Sold Price
How much do homes in Santa Fe County, NM cost?
Over Asking Price8 Homes
At Asking Price25 Homes
Under Asking Price116 Homes
If you're buying a home in Santa Fe County, you may be able to get a good deal. 77.9% of homes here sold below asking price last month.
Summary: A total of 149 homes were sold or pending in Santa Fe County in January 2025, down by 9.1% month-over-month. Of the 149 sold homes, 78% were sold under asking, 17% were sold at asking, and and 5% were sold over asking.
Days on Market for Santa Fe County, NM
How long does it take to sell a home in Santa Fe County, NM?
Breakdown of Home Sale Times
Under 30 Days62 Homes
30 – 90 Days48 Homes
Over 90 Days39 Homes
Many homes in Santa Fe County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 149 homes were sold in Santa Fe County; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
60 DaysThis YearJan 2025 | ||
53 Days1 year agoJan 2024 | +13.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Santa Fe County had an average listing age of 60 days in Jan 2025, up by 13.7% compared to the previous year.
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Newest Listings in Santa Fe County, NM
What homes are available in Santa Fe County, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, Southwest Multiple Listing Service, North Texas Real Estate Information Systems Inc., MLS of Oklahoma, and MLS Technology Inc. for the period 02/01/2023 - 02/01/2025
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Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/22/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:59:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.