Reports › Weekly · 2026-06-07
All 2 of New Mexico's major metros showed negative year-over-year median sale-price reads this week. Range this week: santa-fe at -5.5% YoY to las-cruces at -0.6%.
Albuquerque — | Las Cruces $312K -0.6% | Santa Fe $528K -5.5% |
Strength 4 / 5
118 listings
Sunland Park new listings +404.3% vs. 5-year average for this month
Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.
Strength 4 / 5
77 days
Las Cruces homes taking 77 days to sell — +60.4% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Strength 4 / 5
$548K
Santa Fe avg sale price crossed $500K — now $548K
Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.
Strength 4 / 5
18 listings
Eldorado at Santa Fe new listings +50.0% vs. 5-year average for this month
Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.
Strength 4 / 5
87 days
Santa Fe homes taking 87 days to sell — +55.4% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
ZIP-level reconciliation will appear here once curated ZIP coverage lands for New Mexico.
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