Santa Fe, NM
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1983 Q4 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real +4.0%
nominal +4.0%
Five years
Five years real +22.6%
nominal +42.0%
Ten years
Ten years real +54.6%
nominal +102.0%
Twenty-five years
Twenty-five years real +64.1%
nominal +190.6%
Since 2000
Since 2000 real +73.9%
nominal +216.9%
2007 to 2012
crash, real −29.8%
2007Q4 to 2012Q2
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 351.4 | 351.4 | real year on year +1.9% |
| 2025 Q4 | 344.7 | 344.7 | real year on year +4.5% |
| 2024 Q4 | 329.8 | 329.8 | real year on year +6.5% |
| 2023 Q4 | 300.6 | 309.5 | real year on year −3.5% |
| 2022 Q4 | 299.3 | 320.8 | real year on year +2.6% |
| 2021 Q4 | 270.1 | 312.6 | real year on year +13.4% |
| 2020 Q4 | 227.6 | 275.8 | real year on year +4.9% |
| 2019 Q4 | 214.3 | 262.9 | real year on year +5.3% |
| 2018 Q4 | 199.8 | 249.6 | real year on year +5.3% |
| 2017 Q4 | 185.2 | 237.0 | real year on year +1.3% |
| 2016 Q4 | 179.0 | 233.9 | real year on year +4.6% |
| 2015 Q4 | 169.0 | 223.7 | real year on year +4.6% |
| 2014 Q4 | 161.4 | 213.9 | real year on year −1.7% |
| 2013 Q4 | 161.6 | 217.6 | real year on year +0.1% |
| 2012 Q4 | 159.1 | 217.4 | real year on year −4.7% |
| 2011 Q4 | 163.6 | 228.1 | real year on year −6.9% |
| 2010 Q4 | 170.3 | 245.1 | real year on year −5.5% |
| 2009 Q4 | 177.4 | 259.3 | real year on year −5.5% |
| 2008 Q4 | 188.4 | 274.5 | real year on year −10.2% |
| 2007 Q4 | 201.9 | 305.5 | real year on year +0.3% |
| 2006 Q4 | 195.8 | 304.7 | real year on year +5.3% |
| 2005 Q4 | 180.2 | 289.4 | real year on year +9.1% |
| 2004 Q4 | 159.7 | 265.2 | real year on year +5.8% |
| 2003 Q4 | 146.9 | 250.6 | real year on year +8.6% |
| 2002 Q4 | 132.3 | 230.7 | real year on year +4.6% |
| 2001 Q4 | 124.5 | 220.5 | real year on year +3.3% |
| 2000 Q4 | 117.2 | 213.6 | real year on year +2.8% |
| 1999 Q4 | 110.3 | 207.8 | real year on year −0.8% |
| 1998 Q4 | 108.8 | 209.4 | real year on year +2.3% |
| 1997 Q4 | 104.8 | 204.8 | real year on year −0.6% |
| 1996 Q4 | 103.0 | 205.9 | real year on year −4.6% |
| 1995 Q4 | 104.9 | 216.0 | real year on year +3.8% |
| 1994 Q4 | 98.3 | 208.0 | real year on year +6.6% |
| 1993 Q4 | 89.8 | 195.1 | real year on year +6.1% |
| 1992 Q4 | 82.3 | 184.0 | real year on year +5.3% |
| 1991 Q4 | 75.9 | 174.7 | real year on year −0.2% |
| 1990 Q4 | 72.9 | 175.0 | real year on year +4.9% |
| 1989 Q4 | 65.9 | 166.8 | real year on year +3.0% |
| 1988 Q4 | 61.0 | 161.9 | real year on year −0.4% |
| 1987 Q4 | 58.9 | 162.6 | real year on year −3.4% |
| 1986 Q4 | 58.9 | 168.4 | real year on year −0.6% |
| 1985 Q4 | 58.1 | 169.5 | real year on year −3.7% |
| 1984 Q4 | 58.3 | 175.9 | real year on year +5.0% |
| 1983 Q4 | 53.2 | 167.6 | — |
2026 Q2351 · real 351real year on year +1.9%
2025 Q4345 · real 345real year on year +4.5%
2024 Q4330 · real 330real year on year +6.5%
2023 Q4301 · real 310real year on year −3.5%
2022 Q4299 · real 321real year on year +2.6%
2021 Q4270 · real 313real year on year +13.4%
2020 Q4228 · real 276real year on year +4.9%
2019 Q4214 · real 263real year on year +5.3%
2018 Q4200 · real 250real year on year +5.3%
2017 Q4185 · real 237real year on year +1.3%
2016 Q4179 · real 234real year on year +4.6%
2015 Q4169 · real 224real year on year +4.6%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 42140. Real terms by the World Bank's US consumer price index, annual.