Real-Time Real Estate Market Report

Placitas, NM 87043

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Placitas, NM 87043

Thu Feb 13 2025
This week the median list price for Placitas, NM 87043 is $829,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 31. 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

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Placitas, NM 87043

Thu Feb 13 2025
This week the median list price for Placitas, NM 87043 is $829,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 31. 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

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Placitas market.
Median List Price $829,000
Median Price of New Listings $700,000
Per Square Foot $268
Average Days on Market 101
Median Days on Market 98
Price Decreased 32%
Price Increased 0%
Relisted 6%
Inventory 31
Median Rent
Market Action 33
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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 3,442 2.5 - 5 acres 3 3 23 0 0 105
$934,500 3,625 1 - 2.5 acres 3 3 17 1 0 161
$762,500 2,641 0.5 - 1 acre 3 3 20 1 1 24
$617,500 2,473 1 - 2.5 acres 3 3 40 3 2 28