Real-Time Real Estate Market Report

Peralta, NM 87042

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Peralta, NM 87042

Thu Mar 23 2023
This week the median list price for Peralta, NM 87042 is $499,900 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has increased to 5. Click here to stay informed with the Peralta market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Peralta, NM 87042

Thu Mar 23 2023
This week the median list price for Peralta, NM 87042 is $499,900 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has increased to 5. Click here to stay informed with the Peralta market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Peralta market.
Median List Price $499,900
Median Price of New Listings $750,000
Per Square Foot $226
Average Days on Market 64
Median Days on Market 49
Price Decreased 60%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 39
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$765,000 2,917 2.5 - 5 acres 4 3 NaN 0 0 14
$750,000 3,200 2.5 - 5 acres 3 3 NaN 1 0 0
$499,900 2,289 1 - 2.5 acres 3 3 73 0 0 168
$212,400 1,272 8,000 - 10,000 sqft 2 1.5 32 0 1 70