PSF RATE

New Mexico:

$93.93 PSF Reported Sale Price

16% above listing price

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INVENTORY

New Mexico:

86 Average Number of Sale Listings

TREND

Multifamily markets across the country are seeing increased demand driven by low income housing shortages due to stagnant wages and decreased home ownership. Santa Fe is no exception and is a market with particularly high demand because of higher than average sales price for single family homes, and subsequent lack of new low-income housing construction. 

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Click the arrow below to read about new multi-family developments in Santa Fe