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Located in the state of New Mexico and the state’s capital city, it also serves as the seat of Santa Fe County, in the north-central part of New Mexico, that sits on the Santa Fe River. Santa Fe is situated along the northern Rio Grande Valley, at the foot of the Sangre de Cristo Mountains. With its invigorating, dry climate makes the city an ideal and a popular summer resort, while the winter visitors can do mountain skiing. The area was founded in 1610 and was named Villa Real de la Santa Fe de San Francisco de Asis, it was then developed as a central plaza. The city served as the administrATive, missionary, and military headquarters of the vast and sparsely populated Spanish Colonial frontier province. After the arrival of the railroad arrived in 1880, the city experienced a brief mining boom in the nearby mountains, however, it essentially remained a trading center for farmers, ranchers, and Indians.

Home Prices

AVERAGE
1,040,495 +7%
MEDIAN
812,350 +8%

Relative Price (per sqft.)

PRICE
287 +10%

Listings

ACTIVE
280 -29%
NEW
96 -35%

Market Duration

DAYS
70 +3%
Population 69,976 (10.50%)
House Size (sqft.) 2,576 (1.23%)