Single-Family Homes
Mon Mar 30 2026
This week the median list price for Placitas, NM 87043 is $750,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 32.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
| Median List Price | $750,000 | |
| Median Price of New Listings | $905,000 | |
| Per Square Foot | $286 | |
| Average Days on Market | 145 | |
| Median Days on Market | 116 | |
| Price Decreased | 44% | |
| Price Increased | 3% | |
| Relisted | 6% | |
| Inventory | 32 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
You can see that prices in this zip code have been upward in the last few weeks and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,183,500 | 3,836 | 1 - 2.5 acres | 3 | 2.8 | 19 | 1 | 0 | 59 |
| $852,500 | 2,706 | 1 - 2.5 acres | 3 | 2.5 | 17 | 1 | 0 | 182 |
| $708,450 | 2,699 | 1 - 2.5 acres | 3 | 2.5 | 29 | 0 | 1 | 115 |
| $477,000 | 1,956 | 1 - 2.5 acres | 2 | 1.8 | 33 | 0 | 1 | 150 |