SANTA FE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Santa Fe averaged
6.78%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.59% and
one month ago for the week of 2024-10-10, the
average rate was 6.12%.
Santa Fe's average rate one year ago was 7.4%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.38%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Santa Fe 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Santa Fe 30 Year Fixed Rate Refi | 2024-11-14 | 7.38% |
| Santa Fe 15 Year Fixed Rate | 2024-11-14 | 5.99% |
| Santa Fe 15 Year Fixed Rate Refi | 2024-11-14 | 6.19% |
| Santa Fe 30 Year FHA | 2024-11-14 | -0.26% |
| Santa Fe 30 Year FHA Refi | 2024-11-14 | 0.1% |
| Santa Fe 30 Year USDA | 2024-11-14 | 0% |
| Santa Fe 30 Year USDA Refi | 2024-11-14 | 0.1% |
| Santa Fe 30 Year VA | 2024-11-14 | -0.1% |
| Santa Fe 30 Year VA Refi | 2024-11-14 | 0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SANTA FE, NM.
SANTA FE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SANTA FE, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SANTA FE Average Closing Costs & Other Stats
SANTA FE, NM's 127 lenders originated 2,339
loans during 2023. The total origination value was $905,175,000, with an average loan value of
$386,992.
SANTA FE's average closing costs are $5,838.
The top SANTA FE lender as defined by loan originations is Waterstone Mortgage Corporation, with
82 loans originated. Their average total fees are
$9,266, which is $344
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SANTA FE lenders (with over 10 loans originated) are
PULTE MORTGAGE LLC ($3,007), PLAZA HOME MORTGAGE, INC. ($4,221), Morgan Stanley Private Bank ($4,250), NUSENDA ($5,132) and Del Norte Credit Union ($5,200).
The lowest rate SANTA FE lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (5.83%), Wells Fargo Bank (5.99%), PULTE MORTGAGE LLC (6.02%), NUSENDA (6.09%) and Del Norte Credit Union (6.15%).
SANTA FE, NM Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Waterstone Mortgage Corporation | $78,850,000 | $47,315,000 | -40.0% | 5.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $39,055,000 | n/a | 4.3% | |
| UNITED WHOLESALE MORTGAGE, LLC | $48,910,000 | $38,360,000 | -21.6% | 4.2% |
| QUICKEN LOANS, LLC | $70,290,000 | $37,390,000 | -46.8% | 4.1% |
| PULTE MORTGAGE LLC | $16,630,000 | $36,325,000 | 118.4% | 4.0% |
| Wells Fargo Bank | $34,930,000 | $34,495,000 | -1.2% | 3.8% |
| NUSENDA | $24,095,000 | $32,795,000 | 36.1% | 3.6% |
| BOKF | $39,510,000 | $30,125,000 | -23.8% | 3.3% |
| NBH Bank | $705,000 | $27,255,000 | 3,766.0% | 3.0% |
| Nations Lending Corporation | $23,190,000 | $24,910,000 | 7.4% | 2.8% |
| Del Norte Credit Union | $29,040,000 | $23,795,000 | -18.1% | 2.6% |
| Bank of America | $49,795,000 | $21,045,000 | -57.7% | 2.3% |
| STATE EMPLOYEES | $30,095,000 | $18,785,000 | -37.6% | 2.1% |
| JPMorgan Chase Bank | $35,260,000 | $18,405,000 | -47.8% | 2.0% |
| Bell Bank | $23,325,000 | $17,555,000 | -24.7% | 1.9% |
| Sunflower Bank | $46,870,000 | $17,455,000 | -62.8% | 1.9% |
| First State Bank | $19,160,000 | $17,380,000 | -9.3% | 1.9% |
| GUILD MORTGAGE COMPANY | $8,455,000 | $16,160,000 | 91.1% | 1.8% |
| Gateway First Bank | $33,955,000 | $15,810,000 | -53.4% | 1.7% |
| Morgan Stanley Private Bank | $38,100,000 | $15,000,000 | -60.6% | 1.7% |
| MidFirst Bank | $19,930,000 | $14,900,000 | -25.2% | 1.6% |
| GUARANTEED RATE, INC. | $16,985,000 | $14,245,000 | -16.1% | 1.6% |
| CARDINAL FINANCIAL | $21,185,000 | $13,570,000 | -35.9% | 1.5% |
| U.S. Bank | $31,300,000 | $11,405,000 | -63.6% | 1.3% |
| 21ST MORTGAGE CORPORATION | $11,280,000 | $10,450,000 | -7.4% | 1.2% |
| LOANDEPOT.COM, LLC | $29,690,000 | $10,000,000 | -66.3% | 1.1% |
| UNION HOME MORTGAGE CORP. | $17,590,000 | $9,920,000 | -43.6% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $10,835,000 | $9,010,000 | -16.8% | 1.0% |
| PLAZA HOME MORTGAGE, INC. | $18,880,000 | $8,620,000 | -54.3% | 1.0% |
| Mortgage Research Center, LLC | $12,265,000 | $8,345,000 | -32.0% | 0.9% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $7,400,000 | $8,065,000 | 9.0% | 0.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,330,000 | $8,045,000 | 245.3% | 0.9% |
| SANDIA LABORATORY | $4,250,000 | $7,915,000 | 86.2% | 0.9% |
| Enterprise Bank & Trust | $16,140,000 | $7,840,000 | -51.4% | 0.9% |
| USAA Federal Savings Bank | $5,780,000 | $6,755,000 | 16.9% | 0.7% |
| Washington Federal Bank | $20,195,000 | $6,610,000 | -67.3% | 0.7% |
| Commerce Home Mortgage, Inc. | $11,625,000 | $5,960,000 | -48.7% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $10,910,000 | $5,740,000 | -47.4% | 0.6% |
| DIRECTORS MORTGAGE, INC. | $5,630,000 | n/a | 0.6% | |
| GUADALUPE CREDIT UNION | $15,160,000 | $4,855,000 | -68.0% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,610,000 | $4,805,000 | 198.4% | 0.5% |
| Charles Schwab Bank, SSB | $22,560,000 | $4,790,000 | -78.8% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $13,720,000 | $4,680,000 | -65.9% | 0.5% |
| First-Citizens Bank & Trust Company | $3,065,000 | $4,595,000 | 49.9% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $10,265,000 | $4,340,000 | -57.7% | 0.5% |
| BMO Harris Bank | $5,195,000 | $4,010,000 | -22.8% | 0.4% |
| CMG MORTGAGE, INC. | $4,635,000 | $3,975,000 | -14.2% | 0.4% |
| UBS Bank USA | $16,265,000 | $3,935,000 | -75.8% | 0.4% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $465,000 | $3,665,000 | 688.2% | 0.4% |
| PNC Bank | $14,510,000 | $3,660,000 | -74.8% | 0.4% |
| CALCON MUTUAL MORTGAGE LLC | $2,540,000 | $3,560,000 | 40.2% | 0.4% |
| LONGBRIDGE FINANCIAL, LLC | $1,775,000 | $3,555,000 | 100.3% | 0.4% |
| Goldman Sachs Bank USA | $2,060,000 | $3,510,000 | 70.4% | 0.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $5,900,000 | $3,370,000 | -42.9% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,520,000 | $3,350,000 | -4.8% | 0.4% |
| NEWREZ LLC | $2,370,000 | $3,115,000 | 31.4% | 0.3% |
| Flagstar Bank, FSB | $11,345,000 | $3,100,000 | -72.7% | 0.3% |
| BNY Mellon | $3,035,000 | $3,050,000 | 0.5% | 0.3% |
| SANDIA AREA | $2,280,000 | $3,035,000 | 33.1% | 0.3% |
| Choice Financial Group | $2,905,000 | n/a | 0.3% | |
| Plains Commerce Bank | $4,135,000 | $2,825,000 | -31.7% | 0.3% |
| FINANCE OF AMERICA REVERSE LLC | $6,055,000 | $2,675,000 | -55.8% | 0.3% |
| The First National Bank of Sonora | $2,560,000 | n/a | 0.3% | |
| MID AMERICA MORTGAGE, INC. | $3,115,000 | $2,455,000 | -21.2% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $8,980,000 | $2,375,000 | -73.6% | 0.3% |
| BETTER MORTGAGE CORPORATION | $8,515,000 | $2,275,000 | -73.3% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $2,955,000 | $2,160,000 | -26.9% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $665,000 | $2,120,000 | 218.8% | 0.2% |
| The Huntington National Bank | $1,835,000 | $1,955,000 | 6.5% | 0.2% |
| BAY EQUITY LLC | $1,865,000 | $1,950,000 | 4.6% | 0.2% |
| Red River Bank | $155,000 | $1,915,000 | 1,135.5% | 0.2% |
| Inwood National Bank | $1,865,000 | n/a | 0.2% | |
| Citibank | $12,160,000 | $1,840,000 | -84.9% | 0.2% |
| LENDSURE MORTGAGE CORP. | $1,840,000 | n/a | 0.2% | |
| NBKC BANK | $1,640,000 | $1,830,000 | 11.6% | 0.2% |
| Discover Bank | $1,170,000 | $1,820,000 | 55.6% | 0.2% |
| Raymond James Bank | $4,530,000 | $1,755,000 | -61.3% | 0.2% |
| Figure Lending LLC | $1,445,000 | $1,730,000 | 19.7% | 0.2% |
| The Federal Savings Bank | $3,635,000 | $1,715,000 | -52.8% | 0.2% |
| Kirtland Federal Credit Union | $1,850,000 | $1,705,000 | -7.8% | 0.2% |
| BROKER SOLUTIONS, INC. | $2,745,000 | $1,580,000 | -42.4% | 0.2% |
| HOMETRUST MORTGAGE COMPANY | $235,000 | $1,545,000 | 557.4% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $385,000 | $1,465,000 | 280.5% | 0.2% |
| SWBC MORTGAGE CORPORATION | $1,425,000 | n/a | 0.2% | |
| Century Mortgage Company DBA Century Lending Company | $2,615,000 | $1,410,000 | -46.1% | 0.2% |
| SUMMIT FUNDING, INC. | $1,400,000 | n/a | 0.2% | |
| Stifel Bank and Trust | $3,470,000 | $1,385,000 | -60.1% | 0.2% |
| ARC HOME LLC | $155,000 | $1,335,000 | 761.3% | 0.1% |
| Franklin Loan Corporation | $1,295,000 | n/a | 0.1% | |
| Bank of the West | $4,200,000 | $1,275,000 | -69.6% | 0.1% |
| Third Coast Bank SSB | $1,265,000 | n/a | 0.1% | |
| First United Bank | $705,000 | $1,260,000 | 78.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,555,000 | $1,185,000 | -53.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,595,000 | $1,155,000 | -27.6% | 0.1% |
| Carrington Mortgage Services, LLC | $2,805,000 | $1,025,000 | -63.5% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,370,000 | $990,000 | -58.2% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $965,000 | n/a | 0.1% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $965,000 | n/a | 0.1% | |
| WALKER & DUNLOP, LLC | $965,000 | n/a | 0.1% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $955,000 | n/a | 0.1% | |
| BancorpSouth | $445,000 | $945,000 | 112.4% | 0.1% |
| MOUNTAIN AMERICA | $1,885,000 | $940,000 | -50.1% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $1,690,000 | $935,000 | -44.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $915,000 | $910,000 | -0.5% | 0.1% |
| Bank of England | $1,300,000 | $905,000 | -30.4% | 0.1% |
| North American Savings Bank, F.S.B. | $465,000 | $880,000 | 89.2% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $190,000 | $860,000 | 352.6% | 0.1% |
| NEXERA HOLDING LLC | $815,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $295,000 | $790,000 | 167.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $465,000 | $785,000 | 68.8% | 0.1% |
| SPRING EQ, LLC | $555,000 | $770,000 | 38.7% | 0.1% |
| Northpointe Bank | $405,000 | $750,000 | 85.2% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,125,000 | $730,000 | -65.6% | 0.1% |
| LRS FINANCIAL NETWORK, INC. | $725,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $725,000 | n/a | 0.1% | |
| MEMBER FIRST MORTGAGE, LLC | $720,000 | n/a | 0.1% | |
| City Bank | $1,645,000 | $715,000 | -56.5% | 0.1% |
| PHH Mortgage Corporation | $1,415,000 | $715,000 | -49.5% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $710,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $1,095,000 | $695,000 | -36.5% | 0.1% |
| Willamette Valley Bank | $665,000 | $695,000 | 4.5% | 0.1% |
| Origin Bank | $665,000 | n/a | 0.1% | |
| Texas Regional Bank | $655,000 | n/a | 0.1% | |
| Leader Bank | $635,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $620,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $615,000 | n/a | 0.1% | |
| First United Bank and Trust Company | $535,000 | $605,000 | 13.1% | 0.1% |
| UMB Bank | $305,000 | $575,000 | 88.5% | 0.1% |
| Wallick & Volk, Inc. | $575,000 | n/a | 0.1% | |
| Mabrey Bank | $555,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $285,000 | $535,000 | 87.7% | 0.1% |
| NASA Federal Credit Union | $525,000 | n/a | 0.1% | |
| Ally Bank | $2,735,000 | $520,000 | -81.0% | 0.1% |
| The Central Trust Bank | $515,000 | $520,000 | 1.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,290,000 | $510,000 | -60.5% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $135,000 | $500,000 | 270.4% | 0.1% |
| ADVANCIAL | $480,000 | n/a | 0.1% | |
| Cornerstone First Mortgage, Inc | $465,000 | n/a | 0.1% | |
| FirstLight Federal Credit Union | $465,000 | n/a | 0.1% | |
| LOANPAL, LLC | $3,595,000 | $460,000 | -87.2% | 0.1% |
| Southwest Airlines Federal Credit Union | $55,000 | $445,000 | 709.1% | 0.0% |
| Loan Simple, Inc. | $945,000 | $440,000 | -53.4% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $850,000 | $435,000 | -48.8% | 0.0% |
| Equity Prime Mortgage LLC | $600,000 | $415,000 | -30.8% | 0.0% |
| M&T Bank | $575,000 | $415,000 | -27.8% | 0.0% |
| Farmers Bank & Trust | $855,000 | $405,000 | -52.6% | 0.0% |
| DELMAR FINANCIAL COMPANY | $7,520,000 | $395,000 | -94.7% | 0.0% |
| Neighborhood Loans, Inc. | $445,000 | $395,000 | -11.2% | 0.0% |
| V.I.P. MORTGAGE, INC. | $395,000 | n/a | 0.0% | |
| First Financial Credit Union | $645,000 | $390,000 | -39.5% | 0.0% |
| GENEVA FINANCIAL, LLC | $440,000 | $375,000 | -14.8% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $370,000 | n/a | 0.0% | |
| MANN FINANCIAL INC. | $295,000 | $365,000 | 23.7% | 0.0% |
| Signal Financial Federal Credit Union | $365,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $355,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $355,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $355,000 | n/a | 0.0% | |
| PREMIER AMERICA | $255,000 | $355,000 | 39.2% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $405,000 | $355,000 | -12.3% | 0.0% |
| U.S. EAGLE | $650,000 | $350,000 | -46.2% | 0.0% |
| GARDNER FINANCIAL SERVICES, LTD. | $345,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $1,895,000 | $325,000 | -82.8% | 0.0% |
| S1L, Inc. | $1,250,000 | $325,000 | -74.0% | 0.0% |
| Toyota Financial Savings Bank | $325,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $315,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $315,000 | n/a | 0.0% | |
| CHEVRON | $2,575,000 | $310,000 | -88.0% | 0.0% |
| POLARIS HOME FUNDING CORP. | $305,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $145,000 | $305,000 | 110.3% | 0.0% |
| SILVER HILL FUNDING, LLC | $585,000 | $305,000 | -47.9% | 0.0% |
| Ameris Bank | $295,000 | n/a | 0.0% | |
| Extraco Banks | $295,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,145,000 | $285,000 | -75.1% | 0.0% |
| NEW DAY FINANCIAL, LLC | $1,360,000 | $275,000 | -79.8% | 0.0% |
| OCMBC, INC. | $155,000 | $265,000 | 71.0% | 0.0% |
| Magnolia Bank | $755,000 | $225,000 | -70.2% | 0.0% |
| SIWELL, INC. | $225,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $220,000 | $205,000 | -6.8% | 0.0% |
| Connexus Credit Union | $195,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $1,145,000 | $195,000 | -83.0% | 0.0% |
| Baxter Credit Union | $175,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $155,000 | n/a | 0.0% | |
| Coastal Community Bank | $150,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $250,000 | $145,000 | -42.0% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $255,000 | $115,000 | -54.9% | 0.0% |
| DIGITAL Federal Credit Union | $55,000 | $105,000 | 90.9% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $185,000 | $105,000 | -43.2% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $350,000 | $75,000 | -78.6% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $65,000 | n/a | 0.0% | |
| CHERRY CREEK MORTGAGE, LLC | $2,940,000 | $50,000 | -98.3% | 0.0% |
| Zions Bank | $6,110,000 | $25,000 | -99.6% | 0.0% |
SANTA FE's top lender by overall market share is Waterstone Mortgage Corporation, with 5.2% market share. In second place, with 4.3%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $39,055,000 in loans. In third place, with 4.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $38,360,000 in loans. In fourth place, with 4.1%, is QUICKEN LOANS, LLC, having originated $37,390,000 in loans. In fifth place, with 4.0%, is PULTE MORTGAGE LLC, having originated $36,325,000 in loans.
SANTA FE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SANTA FE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $565,000 (5.9%) | $868,831 (7.6%) | 2.09 | 722 |
| 2018-02-01 | $571,500 (8.6%) | $879,568 (9.6%) | 2.07 | 698 |
| 2018-03-01 | $560,000 (12.0%) | $885,150 (12.2%) | 1.96 | 679 |
| 2018-04-01 | $575,000 (8.6%) | $912,961 (14.0%) | 1.95 | 680 |
| 2018-05-01 | $577,000 (4.0%) | $914,318 (11.8%) | 1.93 | 726 |
| 2018-06-01 | $595,000 (6.5%) | $916,069 (11.0%) | 1.98 | 776 |
| 2018-07-01 | $598,000 (8.7%) | $920,277 (12.7%) | 2.00 | 833 |
| 2018-08-01 | $574,250 (3.9%) | $894,762 (8.8%) | 1.92 | 902 |
| 2018-09-01 | $568,500 (3.6%) | $895,327 (10.2%) | 1.91 | 884 |
| 2018-10-01 | $575,750 (4.8%) | $910,532 (11.6%) | 1.95 | 869 |
| 2018-11-01 | $575,000 (4.7%) | $913,624 (10.8%) | 1.95 | 828 |
| 2018-12-01 | $575,000 (0.0%) | $896,224 (2.2%) | 1.98 | 761 |
| 2019-01-01 | $591,750 (4.7%) | $908,944 (4.6%) | 2.04 | 659 |
| 2019-02-01 | $599,250 (4.9%) | $901,236 (2.5%) | 2.02 | 627 |
| 2019-03-01 | $576,529 (3.0%) | $971,511 (9.8%) | 1.89 | 626 |
| 2019-04-01 | $552,479 (-3.9%) | $964,196 (5.6%) | 1.75 | 649 |
| 2019-05-01 | $549,325 (-4.8%) | $856,677 (-6.3%) | 1.72 | 699 |
| 2019-06-01 | $549,000 (-7.7%) | $843,088 (-8.0%) | 1.72 | 799 |
| 2019-07-01 | $549,500 (-8.1%) | $851,270 (-7.5%) | 1.72 | 805 |
| 2019-08-01 | $571,455 (-0.5%) | $861,793 (-3.7%) | 1.81 | 793 |
| 2019-09-01 | $581,886 (2.4%) | $863,087 (-3.6%) | 1.86 | 775 |
| 2019-10-01 | $589,000 (2.3%) | $863,645 (-5.2%) | 1.90 | 747 |
| 2019-11-01 | $595,000 (3.5%) | $890,405 (-2.5%) | 1.95 | 662 |
| 2019-12-01 | $620,000 (7.8%) | $913,078 (1.9%) | 2.07 | 600 |
| 2020-01-01 | $623,725 (5.4%) | $940,013 (3.4%) | 2.08 | 517 |
| 2020-02-01 | $625,000 (4.3%) | $973,932 (8.1%) | 2.05 | 464 |
| 2020-03-01 | $616,750 (7.0%) | $960,567 (-1.1%) | 1.93 | 462 |
| 2020-04-01 | $577,379 (4.5%) | $921,505 (-4.4%) | 1.81 | 511 |
| 2020-05-01 | $598,500 (9.0%) | $945,711 (10.4%) | 1.82 | 518 |
| 2020-06-01 | $622,000 (13.3%) | $942,125 (11.8%) | 1.83 | 544 |
| 2020-07-01 | $637,000 (15.9%) | $1,003,541 (17.9%) | 1.85 | 555 |
| 2020-08-01 | $639,000 (11.8%) | $1,003,776 (16.5%) | 1.83 | 554 |
| 2020-09-01 | $675,000 (16.0%) | $1,112,602 (28.9%) | 1.93 | 508 |
| 2020-10-01 | $677,000 (14.9%) | $1,145,065 (32.6%) | 1.94 | 479 |
| 2020-11-01 | $656,750 (10.4%) | $1,202,295 (35.0%) | 1.92 | 437 |
| 2020-12-01 | $659,225 (6.3%) | $1,189,302 (30.3%) | 1.96 | 401 |
| 2021-01-01 | $645,000 (3.4%) | $1,209,812 (28.7%) | 1.93 | 339 |
| 2021-02-01 | $612,000 (-2.1%) | $1,236,697 (27.0%) | 1.78 | 302 |
| 2021-03-01 | $636,500 (3.2%) | $1,332,028 (38.7%) | 1.81 | 264 |
| 2021-04-01 | $685,750 (18.8%) | $1,381,954 (50.0%) | 1.86 | 260 |
| 2021-05-01 | $692,000 (15.6%) | $1,326,373 (40.3%) | 1.84 | 276 |
| 2021-06-01 | $689,000 (10.8%) | $1,279,045 (35.8%) | 1.81 | 286 |
| 2021-07-01 | $675,000 (6.0%) | $1,276,725 (27.2%) | 1.78 | 347 |
| 2021-08-01 | $689,000 (7.8%) | $1,274,457 (27.0%) | 1.84 | 372 |
| 2021-09-01 | $695,500 (3.0%) | $1,322,506 (18.9%) | 1.85 | 353 |
| 2021-10-01 | $691,000 (2.1%) | $1,368,468 (19.5%) | 1.84 | 316 |
| 2021-11-01 | $706,225 (7.5%) | $1,499,424 (24.7%) | 1.89 | 247 |
| 2021-12-01 | $695,000 (5.4%) | $1,514,168 (27.3%) | 1.88 | 221 |
| 2022-01-01 | $719,900 (11.6%) | $1,604,392 (32.6%) | 1.95 | 187 |
| 2022-02-01 | $872,998 (42.7%) | $1,751,586 (41.6%) | 2.27 | 155 |
| 2022-03-01 | $841,000 (32.1%) | $1,745,104 (31.0%) | 2.11 | 171 |
| 2022-04-01 | $797,450 (16.3%) | $1,670,391 (20.9%) | 1.90 | 175 |
| 2022-05-01 | $786,750 (13.7%) | $1,529,732 (15.3%) | 1.80 | 239 |
| 2022-06-01 | $797,550 (15.8%) | $1,460,637 (14.2%) | 1.78 | 297 |
| 2022-07-01 | $782,000 (15.9%) | $1,408,114 (10.3%) | 1.76 | 371 |
| 2022-08-01 | $849,500 (23.3%) | $1,491,494 (17.0%) | 1.96 | 372 |
| 2022-09-01 | $847,500 (21.9%) | $1,459,176 (10.3%) | 1.98 | 383 |
| 2022-10-01 | $775,000 (12.2%) | $1,421,887 (3.9%) | 1.82 | 414 |
| 2022-11-01 | $738,500 (4.6%) | $1,394,531 (-7.0%) | 1.78 | 428 |
| 2022-12-01 | $767,615 (10.5%) | $1,444,784 (-4.6%) | 1.90 | 406 |
| 2023-01-01 | $747,500 (3.8%) | $1,437,995 (-10.4%) | 1.85 | 356 |
| 2023-02-01 | $739,975 (-15.2%) | $1,450,682 (-17.2%) | 1.79 | 342 |
| 2023-03-01 | $756,500 (-10.1%) | $1,507,545 (-13.6%) | 1.78 | 323 |
| 2023-04-01 | $779,750 (-2.2%) | $1,500,215 (-10.2%) | 1.81 | 330 |
| 2023-05-01 | $907,000 (15.3%) | $1,557,970 (1.9%) | 2.06 | 346 |
| 2023-06-01 | $985,000 (23.5%) | $1,609,358 (10.2%) | 2.21 | 363 |
| 2023-07-01 | $969,950 (24.0%) | $1,562,229 (10.9%) | 2.20 | 408 |
| 2023-08-01 | $886,000 (4.3%) | $1,462,082 (-2.0%) | 2.03 | 438 |
| 2023-09-01 | $895,000 (5.6%) | $1,435,884 (-1.6%) | 2.08 | 469 |
| 2023-10-01 | $850,000 (9.7%) | $1,400,568 (-1.5%) | 2.00 | 492 |
| 2023-11-01 | $830,000 (12.4%) | $1,393,275 (-0.1%) | 1.98 | 505 |
| 2023-12-01 | $822,500 (7.2%) | $1,368,357 (-5.3%) | 2.01 | 457 |
| 2024-01-01 | $814,800 (9.0%) | $1,345,703 (-6.4%) | 1.99 | 394 |
| 2024-02-01 | $799,450 (8.0%) | $1,382,076 (-4.7%) | 1.92 | 387 |
| 2024-03-01 | $845,000 (11.7%) | $1,408,584 (-6.6%) | 1.99 | 380 |
| 2024-04-01 | $826,000 (5.9%) | $1,389,941 (-7.4%) | 1.92 | 429 |
| 2024-05-01 | $872,000 (-3.9%) | $1,427,503 (-8.4%) | 1.97 | 470 |
| 2024-06-01 | $850,000 (-13.7%) | $1,387,892 (-13.8%) | 1.91 | 544 |
| 2024-07-01 | $827,500 (-14.7%) | $1,323,323 (-15.3%) | 1.89 | 606 |
| 2024-08-01 | $810,000 (-8.6%) | $1,297,994 (-11.2%) | 1.88 | 664 |
| 2024-09-01 | $789,500 (-11.8%) | $1,270,297 (-11.5%) | 1.86 | 697 |
| 2024-10-01 | $798,250 (-6.1%) | $1,274,435 (-9.0%) | 1.88 | 691 |
SANTA FE's median listing price for 2024-10-01 was $798,250, a difference of
$-51,750
(-6.1%) versus the prior year and
$8,750 versus the prior month.
SANTA FE's median listing price comes in at 188% of the national average.
SANTA FE's average listing price for 2024-10-01 was $1,274,435, a difference of $-126,133 (-9.0%) versus the prior year and $4,138 versus the prior month.
For the 2024-10-01 period, SANTA FE had 691 MLS listings, a difference of -6 listings (-1%) versus the prior month and 199 listings (40%) versus the prior year.
SANTA FE's median listing price comes in at 188% of the national average.
SANTA FE's average listing price for 2024-10-01 was $1,274,435, a difference of $-126,133 (-9.0%) versus the prior year and $4,138 versus the prior month.
For the 2024-10-01 period, SANTA FE had 691 MLS listings, a difference of -6 listings (-1%) versus the prior month and 199 listings (40%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SANTA FE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 127 days | 2,544 sqft |
| 2018-02-01 | 116 days | 2,562 sqft |
| 2018-03-01 | 91 days | 2,600 sqft |
| 2018-04-01 | 67 days | 2,600 sqft |
| 2018-05-01 | 58 days | 2,567 sqft |
| 2018-06-01 | 57 days | 2,560 sqft |
| 2018-07-01 | 58 days | 2,571 sqft |
| 2018-08-01 | 62 days | 2,550 sqft |
| 2018-09-01 | 72 days | 2,524 sqft |
| 2018-10-01 | 81 days | 2,539 sqft |
| 2018-11-01 | 90 days | 2,591 sqft |
| 2018-12-01 | 99 days | 2,550 sqft |
| 2019-01-01 | 113 days | 2,570 sqft |
| 2019-02-01 | 109 days | 2,541 sqft |
| 2019-03-01 | 88 days | 2,484 sqft |
| 2019-04-01 | 72 days | 2,465 sqft |
| 2019-05-01 | 55 days | 2,348 sqft |
| 2019-06-01 | 56 days | 2,350 sqft |
| 2019-07-01 | 59 days | 2,383 sqft |
| 2019-08-01 | 67 days | 2,452 sqft |
| 2019-09-01 | 74 days | 2,474 sqft |
| 2019-10-01 | 78 days | 2,496 sqft |
| 2019-11-01 | 89 days | 2,500 sqft |
| 2019-12-01 | 100 days | 2,551 sqft |
| 2020-01-01 | 115 days | 2,597 sqft |
| 2020-02-01 | 113 days | 2,605 sqft |
| 2020-03-01 | 82 days | 2,515 sqft |
| 2020-04-01 | 72 days | 2,368 sqft |
| 2020-05-01 | 79 days | 2,467 sqft |
| 2020-06-01 | 75 days | 2,497 sqft |
| 2020-07-01 | 58 days | 2,472 sqft |
| 2020-08-01 | 61 days | 2,498 sqft |
| 2020-09-01 | 68 days | 2,510 sqft |
| 2020-10-01 | 72 days | 2,556 sqft |
| 2020-11-01 | 80 days | 2,563 sqft |
| 2020-12-01 | 90 days | 2,469 sqft |
| 2021-01-01 | 99 days | 2,513 sqft |
| 2021-02-01 | 105 days | 2,340 sqft |
| 2021-03-01 | 69 days | 2,441 sqft |
| 2021-04-01 | 44 days | 2,566 sqft |
| 2021-05-01 | 42 days | 2,501 sqft |
| 2021-06-01 | 46 days | 2,499 sqft |
| 2021-07-01 | 39 days | 2,495 sqft |
| 2021-08-01 | 46 days | 2,495 sqft |
| 2021-09-01 | 58 days | 2,496 sqft |
| 2021-10-01 | 65 days | 2,560 sqft |
| 2021-11-01 | 91 days | 2,614 sqft |
| 2021-12-01 | 90 days | 2,687 sqft |
| 2022-01-01 | 88 days | 2,738 sqft |
| 2022-02-01 | 99 days | 2,813 sqft |
| 2022-03-01 | 44 days | 2,754 sqft |
| 2022-04-01 | 39 days | 2,688 sqft |
| 2022-05-01 | 35 days | 2,549 sqft |
| 2022-06-01 | 34 days | 2,481 sqft |
| 2022-07-01 | 33 days | 2,339 sqft |
| 2022-08-01 | 50 days | 2,460 sqft |
| 2022-09-01 | 53 days | 2,495 sqft |
| 2022-10-01 | 56 days | 2,388 sqft |
| 2022-11-01 | 64 days | 2,283 sqft |
| 2022-12-01 | 73 days | 2,380 sqft |
| 2023-01-01 | 84 days | 2,355 sqft |
| 2023-02-01 | 82 days | 2,328 sqft |
| 2023-03-01 | 71 days | 2,353 sqft |
| 2023-04-01 | 67 days | 2,337 sqft |
| 2023-05-01 | 56 days | 2,435 sqft |
| 2023-06-01 | 55 days | 2,564 sqft |
| 2023-07-01 | 47 days | 2,541 sqft |
| 2023-08-01 | 54 days | 2,428 sqft |
| 2023-09-01 | 59 days | 2,478 sqft |
| 2023-10-01 | 61 days | 2,399 sqft |
| 2023-11-01 | 68 days | 2,347 sqft |
| 2023-12-01 | 73 days | 2,295 sqft |
| 2024-01-01 | 89 days | 2,165 sqft |
| 2024-02-01 | 94 days | 2,187 sqft |
| 2024-03-01 | 84 days | 2,369 sqft |
| 2024-04-01 | 62 days | 2,297 sqft |
| 2024-05-01 | 54 days | 2,390 sqft |
| 2024-06-01 | 51 days | 2,277 sqft |
| 2024-07-01 | 52 days | 2,312 sqft |
| 2024-08-01 | 59 days | 2,264 sqft |
| 2024-09-01 | 65 days | 2,252 sqft |
| 2024-10-01 | 70 days | 2,269 sqft |
SANTA FE's median listing age (time on market) for 2024-10-01 was 70 days.
This
is 15%
longer
than the same period one year ago.
SANTA FE's median square footage for active listings during the 2024-10-01 period was 2,269 sqft. One year prior, the average listing was 2,399 sqft.
SANTA FE's median square footage for active listings during the 2024-10-01 period was 2,269 sqft. One year prior, the average listing was 2,399 sqft.
SANTA FE, NM Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 87010 | Santa Fe, NM MSA | $970 | $1,110 | $1,270 | $1,620 | $1,800 |
| 87015 | Santa Fe, NM MSA | $890 | $1,040 | $1,220 | $1,620 | $1,860 |
| 87035 | Santa Fe, NM MSA | $760 | $880 | $1,010 | $1,410 | $1,690 |
| 87047 | Santa Fe, NM MSA | $1,110 | $1,370 | $1,660 | $2,350 | $2,820 |
| 87056 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87501 | Santa Fe, NM MSA | $1,140 | $1,300 | $1,490 | $1,910 | $2,120 |
| 87502 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87504 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87505 | Santa Fe, NM MSA | $990 | $1,130 | $1,300 | $1,660 | $1,850 |
| 87506 | Santa Fe, NM MSA | $870 | $990 | $1,140 | $1,460 | $1,620 |
| 87507 | Santa Fe, NM MSA | $920 | $1,050 | $1,210 | $1,550 | $1,720 |
| 87508 | Santa Fe, NM MSA | $1,200 | $1,370 | $1,570 | $2,010 | $2,230 |
| 87522 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87532 | Santa Fe, NM MSA | $760 | $880 | $1,010 | $1,280 | $1,560 |
| 87535 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87540 | Santa Fe, NM MSA | $1,180 | $1,350 | $1,550 | $1,980 | $2,200 |
| 87552 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87567 | Santa Fe, NM MSA | $760 | $880 | $1,010 | $1,280 | $1,560 |
| 87573 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87574 | Santa Fe, NM MSA | $990 | $1,120 | $1,290 | $1,660 | $1,840 |
| 87592 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
| 87594 | Santa Fe, NM MSA | $950 | $1,090 | $1,250 | $1,600 | $1,780 |
2022 Average & Median Rent Data Statistics
SANTA FE, NM average 1BR rent: $1,104, median: $1,090
SANTA FE, NM average 2BR rent: $1,272, median: $1,250
SANTA FE, NM average 3BR rent: $1,645, median: $1,600
SANTA FE, NM Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,385 | $645,385,000 | $465,982 |
| Cash Out Refi | 316 | $75,460,000 | $238,797 |
| Home Improvement | 241 | $31,915,000 | $132,427 |
| Other | 209 | $33,205,000 | $158,876 |
| Refi | 188 | $119,210,000 | $634,096 |
Santa Fe's most frequently cited loan purpose was Home Purchase, with 1,385 originations. The 2nd most popular reason was Cash Out Refi, with 316 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 838 | $323,340,000 | $385,847 |
| 7-8% | 504 | $201,290,000 | $399,385 |
| Over 8% | 431 | $78,215,000 | $181,473 |
| 5-6% | 420 | $202,120,000 | $481,238 |
| 4-5% | 54 | $24,730,000 | $457,963 |
| 2.5-3% | 18 | $2,900,000 | $161,111 |
| 3-4% | 7 | $2,715,000 | $387,857 |
| <2.5% | 5 | $40,045,000 | $8,009,000 |
During 2023, Santa Fe's most frequently originated rate bucket was 6-7%, with 838 originations.
Loan Sizing (SANTA FE, NM MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 752 | $224,610,000 | $298,684 |
| $400k-600k | 460 | $223,000,000 | $484,783 |
| $100,000 or less | 426 | $22,920,000 | $53,803 |
| $100k-200k | 367 | $51,875,000 | $141,349 |
| $600k-1000k | 252 | $185,550,000 | $736,310 |
| $Over $1MM | 82 | $197,220,000 | $2,405,122 |
SANTA FE's loan sizing saw the bucket of loans from $200k-400k with 752 originations, totaling $224,610,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 667 | $292,655,000 | $438,763 |
| 60-80% | 506 | $275,290,000 | $544,051 |
| Under 20% | 422 | $33,770,000 | $80,024 |
| 40-60% | 329 | $153,775,000 | $467,401 |
| 20-40% | 280 | $58,590,000 | $209,250 |
| Over 100% | 33 | $54,965,000 | $1,665,606 |
SANTA FE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 667 originations, totaling $292,655,000 in origination value.