With more than 325 days of sun each year, very low humidity, and four comfortable seasons, Santa Fe is one of the most popular destinations in the country to own real estate. And, as the second oldest city in the United States, it embodies a rich and romantic history as a world-renowned center of Hispanic and Native American crafts and culture that have been in existence for more than 400 years.
Santa Fe is the capital of New Mexico. This community of approximately 69,000 people features a world-class opera, a vast array of local and international restaurants, more than 200 art museums, and a wide variety of sporting opportunities including skiing, golf, hiking, backpacking and fly fishing. The city is surrounded by thousands of acres of national forest and hundreds of thousands of acres of Native American land, so it will always retain its unique character and never succumb to urban sprawl.
When it comes to housing and homes for sale in Santa Fe, there is much to choose from. Real estate ranges in price from the $100,000s for modest single-family homes to more than $3 million for luxury homes and estate properties. Within 25 miles of the city one can find ranches hundreds of acres in size. The classic Santa Fe architectural style features the greatest concentration of adobe structures anywhere in the country. Affordable condos and townhouses can also be found.
Santa Fe Real Estate Info: Price Range of Santa Fe Houses for Sale
Santa Fe's real estate market is diverse with homes for sale in a variety of sizes and prices. Condominiums and townhouses for sale in Santa Fe are available from the low $100,000s to $700,000. The higher range covers large units with luxury features. Some Santa Fe homes include amenities such as fireplaces and access to community facilities including swimming pools, golf courses, tennis courts and clubhouses. Houses in Santa Fe start in the $100,000s for smaller properties. Home prices for large luxury executive homes and estates can range well into the millions. Many of these Santa Fe homes are located on significant acreage and include amenities such as spas, hot tubs, swimming pools, multiple fireplaces, and stunning scenic mountain or city lights views. Some historic properties and horse properties are available. Plenty of land and lots for custom construction are available, and some farm/ranch properties can also be found.
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Santa Fe Real Estate Stats and Trends for the week of May 23rd, 2016: homes priced around $1,087,888 compared to $1,125,341 the previous week, showing a decrease of less than -3%. For Tuesday, May 24th, the current national mortgage rate for a 30 year fixed mortgage is 3.64%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.24%, while the 15 year jumbo rate currently is at 3.92%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Santa Fe NM. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Santa Fe to help you find the best home!