Market Conditions Report

Placitas, NM 87043

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Placitas, NM 87043

Tue Oct 19 2021
This week the median list price for Placitas, NM 87043 is $569,900 with the market action index hovering around 58. This is less than last month's market action index of 64. Inventory has increased to 21. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Placitas, NM 87043

Tue Oct 19 2021
This week the median list price for Placitas, NM 87043 is $569,900 with the market action index hovering around 58. This is less than last month's market action index of 64. Inventory has increased to 21. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Placitas market.
Median List Price $569,900
Median Price of New Listings $548,700
Per Square Foot $239
Average Days on Market 54
Median Days on Market 28
Price Decreased 38%
Price Increased 5%
Relisted 10%
Inventory 21
Median Rent
Market Action 58
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$962,000 4,037 2.5 - 5 acres 4 5 14 1 0 28
$749,900 2,601 1 - 2.5 acres 3 3 16 0 1 28
$548,700 2,439 1 - 2.5 acres 3 2 23 2 0 49
$372,499 1,857 1 - 2.5 acres 3 2 36 2 0 49