Santa Fe City and County home inventory remains low at 345 properties. The median sales prices between Aug 6-12, 2021 increased to 602,500 with a total of 56 home sales in both the city and county. Here is an area detail snapshop with number of homes sold and median price.
| Northeast City | 10 homes sold | $905,000 median price |
| Southeast City | 4 homes sold | $1,156,750 median price |
| Northwest City | 3 homes sold | $235,000 median price |
| Southwest City | 16 homes sold | $387,500 median price |
| Eldorado S/D | 5 homes sold | $514,000 median price |
| Northeast County | 4 homes sold | $1,319,000 median price |
| Southeast County | 3 homes sold | $810,000 median price |
| Northwest County | 4 homes sold | $916,500 median price |
| Southwest County | 7 homes sold | $345,000 median price |
| Far South County | 0 homes sold | N/A median price |
All above data is from the Multiple Listing Report of Santa Fe Association of Realtors for the period of Aug 6-12, 2021.
Today, the Santa Fe housing market remains a Sellers’ market. At the same time, if you are a Buyer, historically low mortage interest rates remain in your favor. The average U.S. mortgage rates from Aug 6 – 12, 2021 were 2.87%/30 year, 2.15%/15 year and 2.44% 5/1 Arm.
Why not learn more? Call or text Emily Medvec at 505.660.4541 for a seller or buyer consultation appointment. Why not be more informed about your next move? Now is not the time to be complacent. Let’s connect soon.