More homes sold in October in Santa Fe County than any month in 2020, according to the New Mexico Association of Realtors.

The association reported 313 home sales in Santa Fe last month at a median price of $465,000, up from the 244 homes sold in October 2019.

Santa Fe countered statewide figures in home sales with 32 more homes sold in October than September, while statewide month-to-month home sales dipped by 18 to 2,431.

Santa Fe homes in October were on the market an average of 49 days, the lowest number since May when the first coronavirus lockdown eased. 

(3) comments

Kathy Fish

While New Mexicans limp along, barely able to pay rent, let alone amass a down payment, the residents of California and Texas swoop in. Can nothing be done?

Barry Rabkin

Actually, no, nothing can be done. People have the individual freedom to live where they want ... as long as they have the money to buy a home they have the freedom to do so. The US is driven by a capitalist engine (regardless of who our Governor is or who the President is of the US). And home builders have the 'right' to generate profit from the homes they build.

Rikki West

New Mexico is a State, not a Nation. Americans can actually move from state to state.

Instead of complaints perhaps the new tax revenue will improve schools and lift all revenues as New Mexico grows. The state investing in attracting good employers should be the demand, not shutting the doors. The state has one the worst education and poverty problems in the nation, tax bases help with these issues.

Education is the key for all New Mexicans, not staying impoverished and complaining about rising cost of living.

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