Santa Fe Real Estate Snapshot: November Trends Buyers & Sellers Need to Know

In the heart of New Mexico’s high desert, Santa Fe continues to enchant with its rich culture, timeless architecture, and dynamic real estate market. As of November 2025, the city’s single-family housing landscape is performing a delicate dance between opportunity and momentum — and both buyers and sellers have reason to pay attention.

Market Snapshot: A Balanced Beat

Santa Fe’s market is currently positioned between a seller’s market and a balanced one, with 4.48 months of inventory available. While this reflects a slight 2% dip month-over-month, it also marks a 5% increase year-over-year, signaling a steady influx of new opportunities.

• Median Price of New Listings: $679,500

• Median Price of Active Listings: $897,000

• List-to-Sold Price Ratio: 96.1% (↑ 0.38%)

• Median Days in RPR: 39 (↓ 4.88%)

• Median Sold Price: $720,000 (↑ 1.41%)

These numbers tell a compelling story: homes are selling faster, prices are holding strong, and the gap between new and active listings suggests room for strategic negotiation depending on your role in the transaction.

What This Means for Buyers and Sellers

For buyers, the quicker turnaround time — now just 39 days on market — means timing is everything. With inventory slightly tighter than last month, acting decisively could be the key to securing your dream home.

For sellers, the rising sold price and strong list-to-sold ratio indicate a healthy demand. If you’ve been considering listing, now may be the perfect moment to capitalize on the market’s rhythm.

📞 Let’s Talk Strategy

Whether you’re buying, selling, or simply exploring your options, our team at Something About Santa Fe Realtors is here to guide you with insight and care.
📱 Call us at 505.499.4445 📧 Email francesco@sasfrealtors.com 🌐 Visit www.sasfre.com