HousingPermits

Metro area in New Mexico · part of the Albuquerque-Santa Fe-Los Alamos, NM combined area

Santa Fe, NM

The Santa Fe metro area authorized 495 new housing units in 2025. Buildings with five or more units accounted for 62% of the units authorized in 2021–2025, the second-highest share among the 39 metro areas based in the Mountain states. Permits rose 103% between 2024 and 2025, the second-largest increase among the 39 metro areas based in the Mountain states.

02505007501,0002004: 561 units (561 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2005: 580 units (580 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2006: 417 units (417 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2007: 277 units (277 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2008: 140 units (140 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2009: 102 units (102 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2010: 96 units (96 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2011: 94 units (94 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2012: 130 units (130 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2013: 183 units (159 single-family, 4 in 2–4 unit, 20 in 5+ unit buildings)2014: 161 units (161 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2015: 110 units (110 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2016: 117 units (117 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2017: 221 units (221 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2018: 273 units (243 single-family, 0 in 2–4 unit, 30 in 5+ unit buildings)2019: 589 units (344 single-family, 0 in 2–4 unit, 245 in 5+ unit buildings)2020: 577 units (279 single-family, 0 in 2–4 unit, 298 in 5+ unit buildings)2021: 840 units (228 single-family, 0 in 2–4 unit, 612 in 5+ unit buildings)2022: 590 units (177 single-family, 14 in 2–4 unit, 399 in 5+ unit buildings)2023: 926 units (264 single-family, 0 in 2–4 unit, 662 in 5+ unit buildings)2024: 244 units (244 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2025: 495 units (251 single-family, 0 in 2–4 unit, 244 in 5+ unit buildings)200420072010201320162019202220252023 high · 9262011 low · 9404008001,2002004: 561 units (561 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2005: 580 units (580 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2006: 417 units (417 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2007: 277 units (277 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2008: 140 units (140 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2009: 102 units (102 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2010: 96 units (96 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2011: 94 units (94 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2012: 130 units (130 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2013: 183 units (159 single-family, 4 in 2–4 unit, 20 in 5+ unit buildings)2014: 161 units (161 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2015: 110 units (110 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2016: 117 units (117 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2017: 221 units (221 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2018: 273 units (243 single-family, 0 in 2–4 unit, 30 in 5+ unit buildings)2019: 589 units (344 single-family, 0 in 2–4 unit, 245 in 5+ unit buildings)2020: 577 units (279 single-family, 0 in 2–4 unit, 298 in 5+ unit buildings)2021: 840 units (228 single-family, 0 in 2–4 unit, 612 in 5+ unit buildings)2022: 590 units (177 single-family, 14 in 2–4 unit, 399 in 5+ unit buildings)2023: 926 units (264 single-family, 0 in 2–4 unit, 662 in 5+ unit buildings)2024: 244 units (244 single-family, 0 in 2–4 unit, 0 in 5+ unit buildings)2025: 495 units (251 single-family, 0 in 2–4 unit, 244 in 5+ unit buildings)2004200820122016202020252023 high · 926

Single-family2–4 units5+ units

Recent building has outrun the boom: the 2021–2025 yearly average was 19% above the 2004–2006 average, the largest recovery by this measure among the 4 metro areas based in New Mexico.

Houses or apartments

The closest match in building mix among the 386 other metro areas is Boulder (62% in five-plus buildings). That share has risen sharply since 2004–2006, when it stood at 0%. Units in five-plus buildings peaked in 2023 (662), single-family houses in 2005 (580).

2021–202537.6%38%0.5%61.9%62%2004–2006100.0%100%US, 2021–202562.6%63%3.5%34.0%34%2021–202537.6%38%0.5%61.9%62%2004–2006100.0%100%US, 2021–202562.6%63%3.5%34.0%34%

Boom, bust and since

Santa Fe authorized the most units in 2023 (926); 2025 reached 54% of that. Its peak year is shared by 8 other metro areas, among them Sherman, Flagstaff, Eau Claire. Annual permits fell from 580 during the mid-2000s boom to 94 in 2011, a drop of 84%. The nearest bust profile in the Mountain states was Tucson's (83%).

The wider Albuquerque-Santa Fe-Los Alamos region

The Census Bureau groups Santa Fe with one neighboring metro area in the Albuquerque-Santa Fe-Los Alamos, NM combined area. Metro areas in it authorized 3,702 units a year in 2021–2025 (micropolitan parts not counted); Santa Fe accounted for 17%. The other, with its yearly average: Albuquerque (3,083).

Relative to population

With 156,907 residents in July 2025, Santa Fe authorized 4.0 units per 1,000 residents a year in 2021–2025, under the national 4.7. The metro areas with the nearest rates are Little Rock (4.0) and Washington (4.0).

Similar in size

Metro area2004–20252025 unitsPer 1,000 a year5+ share
Vineland, NJ1431.024%
Traverse City, MI8086.425%
Rapid City, SD95810.545%
Santa Fe, NM4954.062%
Florence-Muscle Shoals, AL4001.916%

Rates and shares: 2021–2025.

Put Santa Fe beside Rapid City

Every yearly figure behind the chart, split by building size: yearly-units.csv. State view: New Mexico. Counting rules.