Market Conditions Report

Peralta, NM 87042

Single-Family Homes

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Peralta, NM 87042

Sat Nov 27 2021
This week the median list price for Peralta, NM 87042 is $375,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 4. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Peralta, NM 87042

Sat Nov 27 2021
This week the median list price for Peralta, NM 87042 is $375,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 4. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Peralta market.
Median List Price $375,000
Median Price of New Listings $275,000
Per Square Foot $178
Average Days on Market 95
Median Days on Market 56
Price Decreased 50%
Price Increased 25%
Relisted 25%
Inventory 4
Median Rent
Market Action 42
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$799,000 5,620 1 - 2.5 acres 5 5 13 0 0 21
$475,000 1,850 2.5 - 5 acres 3 3 17 0 1 245
$275,000 1,276 0.5 - 1 acre 3 2 30 1 0 70
$170,000 1,688 0.5 - 1 acre 4 2 NaN 0 0 42