Santa Fe Foothills, NM

Buyer's market-50.7% YoY

Housing market overview · Updated weekly

$550,000median sale price

Homes sold

1

Last 12 weeks

Days on market

301

Average pace

Active listings

6

6.0 months supply

Sale-to-list

92.4%

Below asking

The Santa Fe Foothills housing market is currently classified as a buyer's market with a median sale price of $550,000. Prices have fallen 50.7% compared to last year, with homes spending an average of 301 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Santa Fe Foothills

There are currently 6 homes listed for sale in Santa Fe Foothills, New Mexico. The median listing price is $898K.

Active listings

6

Homes on market

Median list price

$898K

Avg. days on market

301

Days until sale

New this week

2

Newly listed

Price drops:50.0%of listings
Sale-to-list:92.4%

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Frequently asked questions

What is the average home price in Santa Fe Foothills?

The median home sale price in Santa Fe Foothills is $550,000, down 50.7% from last year.

How long do homes stay on market in Santa Fe Foothills?

Homes typically spend 301 days on market before going under contract.

Is Santa Fe Foothills a buyer's or seller's market?

With 6.0 months of supply, Santa Fe Foothills is currently a buyer's market.

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