New - 5 days on Rocket
Jonathan M. Ortiz, Listing Office: Southwest Elite Real Estate
Santa Fe North Housing Market Report December 2024•Santa Fe County, New Mexico
Housing Prices in Santa Fe North, NM
How much do homes in Santa Fe North, NM cost?
Housing Market Conditions
Is Santa Fe North, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Fe North is a Buyer's Market
Difference Since December 2023
Since last year, Santa Fe North has remained a Buyer's Market.
Insight
Santa Fe North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$825,000$359/SqFt
+$209,616
+34.1%
Based on all homes sold in the last 12 months
Insight
Homes in Santa Fe North have sold for 34.1% more than they did a year ago.
Summary: The median home sold price in Santa Fe North was $825,000 in December 2024, up 34.1% from last year, and the median price per square foot was $359.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Santa Fe North | $615.3K | $825K | +34.1% |
| Santa Fe | $615K | $625.4K | +1.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $500K | $605K | +21.0% |
| 11 Bedroom | $337K | $340K | +0.9% |
| 33 Bedrooms | $607.8K | $800K | +31.6% |
| 44 Bedrooms | $689K | $1.6M | +139.5% |
| 55+ Bedrooms | $665K | $1.8M | +176.7% |
Summary: Santa Fe North housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +21.0%. The home price for 1 bedroom homes increased by +0.9%. The home price for 3 bedroom homes increased by +31.6%. The home price for 4 bedroom homes increased by +139.5%. The home price for 5 bedroom homes increased by +176.7%.
Housing supply in Santa Fe North, NM
How many homes are available in Santa Fe North, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 74Last MonthDec 2024 | ||
| 782 months agoNov 2024 | -5.1 % Change MoMNov – Dec |
Summary: The Santa Fe North real estate market had 74 homes for sale in Dec 2024, a 5.1 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthDec 2024 | ||
| 122 months agoNov 2024 | -25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 7 | 9 | +28.6% |
| 11 Bedroom | 2 | 1 | -50.0% |
| 33 Bedrooms | 41 | 36 | -12.2% |
| 44 Bedrooms | 20 | 20 | 0.0% |
| 55+ Bedrooms | 8 | 8 | 0.0% |
Summary: Santa Fe North housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes increased by +28.6%. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes decreased by -12.2%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Santa Fe North, NM cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Santa Fe North, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Santa Fe North in December 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and and 22% were sold over asking.
Days on Market for Santa Fe North, NM
How long does it take to sell a home in Santa Fe North, NM?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Santa Fe North are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Santa Fe North; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 66 DaysThis YearDec 2024 | ||
| 41 Days1 year agoDec 2023 | +60.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Santa Fe North had an average listing age of 66 days in Dec 2024, up by 60.1% compared to the previous year.
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Newest Listings in Santa Fe North, NM
What homes are available in Santa Fe North, NM?
New - 5 days on Rocket
Timothy C. Van Camp, John Rigatti, Listing Office: Sotheby's Int. RE/Washington
Video tour
Amanda Godlove Erwin, Stephanie Duran, Listing Office: Barker Realty, LLC
Video tour
$6,531 Closing Credit¹
Francesco R. Crisafulli, Listing Office: Keller Williams Realty
Paul Sidebottom, Listing Office: Sotheby's Int. RE/Washington
Britt Klein, Aleka Moore, Listing Office: Sotheby's Int. RE/Grant
#1075610, Stephen Jehle, Listing Office: MORE Realty, Inc
Lance Lewis, Listing Office: EXP Realty
Lee Bowers, Kaye Theimer, Listing Office: Sotheby's Int. RE/Grant
Lance Lewis, Listing Office: EXP Realty
3D tour
$10,000 Closing Credit¹
Cary Spier, Deborah Bodelson, Listing Office: Santa Fe Properties
$6,531 Closing Credit¹
Ashley R. Gonzales, Listing Office: Keller Williams Realty
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 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: 1/29/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.