How much house $1 million buys you in Santa Fe
The number of American houses worth $1 million is at an all-time high, as home prices continue to hit new records.
While million-dollar homes are out of reach for the vast majority of Americans, they are no longer just being bought and sold by the ultra-wealthy. In San Francisco, the median-priced home sells for more than $1.6 million – far above the national median of $441,000. Meanwhile, in Detroit, $1 million listings are rare.
Today, there are only seven major metros where a luxury home — valued in the top 5% of homes — costs less than $1 million, compared to 30 just five years ago.
"The $1 million mark used to signal true luxury; now, in many parts of the country, it simply means the price of a typical home," said Jonathan Huffer, a Redfin Premier agent specializing in luxury properties in Palm Beach, Florida. "It's a reflection of how dramatically home prices have risen, especially in coastal markets where million-dollar listings have become the norm rather than the exception."
So, are you wondering what $1 million buys in today's market? Redfin Real Estate pulled from its listings to see how far it goes in Santa Fe. Listings between $500,000 and $1,000,000 were included.
110 A&B Camino Santiago, Santa Fe
- Price: $1,000,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,666
- Price per square foot: $600
- See 110 A&B Camino Santiago, Santa Fe on Redfin.com
868 E Alameda St, Santa Fe
- Price: $998,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,580
- Price per square foot: $631
- See 868 E Alameda St, Santa Fe on Redfin.com
33 Moya Loop, Santa Fe
- Price: $995,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,607
- Price per square foot: $381
- See 33 Moya Loop, Santa Fe on Redfin.com
31 Calle Cielo, Santa Fe
- Price: $995,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,244
- Price per square foot: $443
- See 31 Calle Cielo, Santa Fe on Redfin.com
266 Tano Rd, Santa Fe
- Price: $995,000
- 2 bedrooms, 2 bathrooms
- Square feet: 2,205
- Price per square foot: $451
- See 266 Tano Rd, Santa Fe on Redfin.com
407 Michelle Ct, Santa Fe
- Price: $995,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,106
- Price per square foot: $472
- See 407 Michelle Ct, Santa Fe on Redfin.com
75 Paseo Del Paisano, Santa Fe
- Price: $995,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,550
- Price per square foot: $641
- See 75 Paseo Del Paisano, Santa Fe on Redfin.com
259 Montoya Cir #2, Santa Fe
- Price: $995,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,352
- Price per square foot: $735
- See 259 Montoya Cir #2, Santa Fe on Redfin.com
200 Ojo De La Vaca Rd, Santa Fe
- Price: $985,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,368
- Price per square foot: $415
- See 200 Ojo De La Vaca Rd, Santa Fe on Redfin.com
1022 Don Diego Ave Unit D, Santa Fe
- Price: $980,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,358
- Price per square foot: $415
- See 1022 Don Diego Ave Unit D, Santa Fe on Redfin.com
138 W Coronado Rd, Santa Fe
- Price: $955,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,393
- Price per square foot: $399
- See 138 W Coronado Rd, Santa Fe on Redfin.com
97 Quartz Trl Unit A&B, Santa Fe
- Price: $950,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,990
- Price per square foot: $238
- See 97 Quartz Trl Unit A&B, Santa Fe on Redfin.com
2 Domingo Pl, Santa Fe
- Price: $949,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,399
- Price per square foot: $279
- See 2 Domingo Pl, Santa Fe on Redfin.com
48 Camino Valle, Santa Fe
- Price: $949,000
- 4 bedrooms, 4 bathrooms
- Square feet: 4,920
- Price per square foot: $192
- See 48 Camino Valle, Santa Fe on Redfin.com
4 Camino De Colores, Santa Fe
- Price: $949,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,207
- Price per square foot: $429
- See 4 Camino De Colores, Santa Fe on Redfin.com
402 Vera Dr, Santa Fe
- Price: $949,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,946
- Price per square foot: $487
- See 402 Vera Dr, Santa Fe on Redfin.com
2 Ute Ln, Santa Fe
- Price: $945,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,896
- Price per square foot: $326
- See 2 Ute Ln, Santa Fe on Redfin.com
11 Chapala Rd, Santa Fe
- Price: $945,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,700
- Price per square foot: $350
- See 11 Chapala Rd, Santa Fe on Redfin.com
25 Old Santa Fe, Santa Fe
- Price: $945,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,584
- Price per square foot: $365
- See 25 Old Santa Fe, Santa Fe on Redfin.com
8 Zorrito Ct, Santa Fe
- Price: $940,000
- 3 bedrooms, 2 bathrooms
- Square feet: 3,365
- Price per square foot: $279
- See 8 Zorrito Ct, Santa Fe on Redfin.com
53 Bouquet Ln, Santa Fe
- Price: $940,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,460
- Price per square foot: $382
- See 53 Bouquet Ln, Santa Fe on Redfin.com
7 Flower Garland Rd, Santa Fe
- Price: $935,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,365
- Price per square foot: $395
- See 7 Flower Garland Rd, Santa Fe on Redfin.com
2200 W Alameda, Santa Fe
- Price: $931,500
- 5 bedrooms, 3.5 bathrooms
- Square feet: 3,200
- Price per square foot: $291
- See 2200 W Alameda, Santa Fe on Redfin.com
3046 Plaza Blanca, Santa Fe
- Price: $925,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,195
- Price per square foot: $289
- See 3046 Plaza Blanca, Santa Fe on Redfin.com
97 E Chili Line Rd, Santa Fe
- Price: $925,000
- 5 bedrooms, 3 bathrooms
- Square feet: 3,012
- Price per square foot: $307
- See 97 E Chili Line Rd, Santa Fe on Redfin.com
11 W Avenida Sebastian, Santa Fe
- Price: $925,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,392
- Price per square foot: $386
- See 11 W Avenida Sebastian, Santa Fe on Redfin.com
21 Camino Barranca, Santa Fe
- Price: $925,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,129
- Price per square foot: $434
- See 21 Camino Barranca, Santa Fe on Redfin.com
23 Camino Botanica, Santa Fe
- Price: $924,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,215
- Price per square foot: $417
- See 23 Camino Botanica, Santa Fe on Redfin.com
842 W Manhattan Ave, Santa Fe
- Price: $920,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,721
- Price per square foot: $534
- See 842 W Manhattan Ave, Santa Fe on Redfin.com
618 1/2 Garcia Unit B, Santa Fe
- Price: $920,000
- 3 bedrooms, 1 bathroom
- Square feet: 1,423
- Price per square foot: $646
- See 618 1/2 Garcia Unit B, Santa Fe on Redfin.com
$1 million dollar homes in major cities around the country
215 W Illinois St Unit 2B-2C, Chicago
- Price: $1,000,000
- 3 bedrooms, 3 bathrooms
- Square feet: 4,396
- Price per square foot: $227
- See 215 W Illinois St Unit 2B-2C, Chicago on Redfin.com
5435 Preston Fairways Cir, Dallas
- Price: $1,000,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 4,392
- Price per square foot: $227
- See 5435 Preston Fairways Cir, Dallas on Redfin.com
2956 W Avenue 35, Los Angeles
- Price: $1,000,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,662
- Price per square foot: $601
- See 2956 W Avenue 35, Los Angeles on Redfin.com
6049 SW 165th Ave, Miami
- Price: $1,000,000
- 5 bedrooms, 4 bathrooms
- Square feet: 3,153
- Price per square foot: $317
- See 6049 SW 165th Ave, Miami on Redfin.com
206 E 95th St Unit 12B, New York City
- Price: $1,000,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,001
- Price per square foot: $999
- See 206 E 95th St Unit 12B, New York City on Redfin.com
3070 61st Ave SW, Seattle
- Price: $1,000,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,670
- Price per square foot: $598
- See 3070 61st Ave SW, Seattle on Redfin.com
