Why Live in Downtown Santa Fe
Downtown Santa Fe is characterized by its tree-shaded streets and historic Santa Fe-style homes dating from the 1870s to the 1930s. These homes, featuring colorful wood molding, flat roofs with exposed beams, and tan stucco or adobe exteriors, are highly sought after and rarely available. The area also includes detached condos known as casitas, located in the gated community of El Corazon. The neighborhood is rich in attractions, with Santa Fe Plaza serving as a central hub for picnickers, dog walkers, and folk musicians. Nearby Cathedral Park offers a serene space with tall pine trees and historical monuments, while De Vargas Park features a skate park and access to the Santa Fe River Trail. Downtown Santa Fe is renowned for its dining scene, with popular spots like Cafe Pasqual, Plaza Cafe, and Tia Sophia’s for breakfast, and The Shed for Southwestern cuisine. The area is also home to numerous boutiques, art galleries, and the Santa Fe Farmers Market. Annual events like the Fiestas de Santa Fe and the Burning of Zozobra draw crowds to the neighborhood. The area is highly walkable, with well-marked crosswalks, bike lanes, and accessible public transportation. Major roads like Paseo de Peralta and Saint Francis Drive provide easy access to the rest of the city. Downtown Santa Fe is served by highly rated schools, including Wood-Gormley Elementary, Carlos Gilbert Elementary, Acequia Madre Elementary, and Santa Fe High. The neighborhood has a low crime risk compared to the national average, making it a desirable place to live.
Home Trends in Downtown Santa Fe, NM
On average, homes in Downtown Santa Fe, Santa Fe sell after 124 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Santa Fe, Santa Fe over the last 12 months is $480,000, down 44% from the median home sale price over the previous 12 months.
Median Sale Price
$480,000
Median Single Family Sale Price
$466,045
Median 2 Bedroom Sale Price
$718,000
Average Price Per Sq Ft
$478
Number of Homes for Sale
3
Last 12 months Home Sales
17
Median List Price
$534,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-44%