Real-Time Real Estate Market Report

Placitas, NM 87043

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Placitas, NM 87043

Sun Mar 03 2024
This week the median list price for Placitas, NM 87043 is $835,000 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has decreased to 15. Click here to stay informed with the Placitas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Placitas, NM 87043

Sun Mar 03 2024
This week the median list price for Placitas, NM 87043 is $835,000 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has decreased to 15. Click here to stay informed with the Placitas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Placitas market.
Median List Price $835,000
Median Price of New Listings $947,000
Per Square Foot $313
Average Days on Market 230
Median Days on Market 84
Price Decreased 27%
Price Increased 13%
Relisted 20%
Inventory 15
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,195,000 3,438 1 - 2.5 acres 4 4 1 0 0 21
$923,000 2,944 1 - 2.5 acres 3 3 9 1 1 52
$773,950 2,587 1 - 2.5 acres 3 2.5 21 0 1 77
$584,000 2,156 1 - 2.5 acres 3 2 26 0 1 276