Market Conditions Report

Placitas, NM 87043

Single-Family Homes

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Placitas, NM 87043

Thu Feb 25 2021
This week the median list price for Placitas, NM 87043 is $587,500 with the market action index hovering around 53. This is an increase over last month's market action index of 47. Inventory has held steady at or around 14. 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

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

Thu Feb 25 2021
This week the median list price for Placitas, NM 87043 is $587,500 with the market action index hovering around 53. This is an increase over last month's market action index of 47. Inventory has held steady at or around 14. 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

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 $587,500
Per Square Foot $202
Days on Market 25
Price Decreased 14%
Price Increased 14%
Relisted 0%
Inventory 14
Median Rent
Most Expensive $975,000
Least Expensive $295,000
Market Action 53
Strong Seller's Market

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.

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
$888,000 4,025 1 - 2.5 acres 3 4 15 0 0 70
$655,000 3,330 1 - 2.5 acres 3 3 14 0 1 147
$540,000 3,267 1 - 2.5 acres 3 3 15 2 0 10
$407,450 1,811 1 - 2.5 acres 3 2 24 1 1 21