2021 Q2 Market Report
Posted by Barker Realty LLC on
Spend a summer evening in the Railyard or downtown and it’s clear that Santa Fe has emerged as a top destination for both tourists as well as new residents. It should be no surprise, then, that our average and median prices are the highest we have ever experienced. There are signs, however, that we may be nearing the high-water mark as some properties are requiring price changes and days on market increase ever so slightly.
Buyers continue to be well qualified, staving off concerns of another housing bubble. The city and community partners have been working hard to address affordable housing needs and new homes continue to trickle into the market – hopefully providing opportunities for first-time buyers and relieving some of the pressure the…
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