More homes for sale. Slower sales. And a market that’s quietly resetting. Here’s my take on what’s really happening as summer ends—and what it means for your next move.👇
🌀Every month, I study both the national and local housing data to understand where we are in this evolving market. The August numbers from Realtor.com really stood out to me — not just for what they said, but for what they signaled.
🏠Here’s what I learned: the summer housing momentum that gave buyers more options is starting to lose steam. Across the country, the number of homes for sale continued to grow for the 22nd straight month — more than 20% higher than a year ago. But at the same time, new listings slowed for the fourth month in a row.
That tells me two things:
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More homeowners are staying put, waiting for clarity or for rates to shift again.
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Buyers are pausing too, trying to time their next move while inventory builds unevenly.
😮Another interesting data point — the number of homes being pulled off the market (what we call delistings) jumped sharply this summer. Many sellers simply decided not to meet buyers where they are today. That explains why homes are sitting longer — about a week more on average than last August — and why price reductions are becoming more common, especially in the South and West.
To me, this confirms what I’m seeing on the ground here in Santa Fe: we’re transitioning from a fast, seller-dominated market to a more balanced one. Not a crash, not a stall — a reset.
❤️Santa Fe is definitely in transition, and every neighborhood tells a slightly different story. I’d love to hear what you’re seeing in your own market—are homes moving faster, slower, or just differently?
How This Connects to Santa Fe
Here in our local market, the shift is subtle but important. The City saw fewer sales and slightly lower median prices in August, while the County held steady and Eldorado continued to heat up. It’s a patchwork — and that’s why knowing your segment matters more than ever. Check out 3rd Quarter stats here.
Buyers now have a bit more breathing room, but not forever. Sellers have to read the market closely and adjust faster than in past seasons. This balance creates opportunity on both sides for those who act with insight instead of reaction.
Let’s Talk About Your Next Move
If you’re wondering what this means for your home value, your buying power, or your next chapter in Santa Fe, let’s talk. I’ll share what the data doesn’t show — the context, timing, and emotion that make every real estate decision personal.
📞 Call or text me at 505-587-7997
📧 Email: emilymedvec@exprealty.com
🌐Search Online: emilymedvec.com
This market is shifting. Let’s out-think this uncertainty together. Regardless of the headlines, people are buying and selling Santa Fe homes every day!
— Emily Medvec, © 2025
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