Real-Time Real Estate Market Report

Sandia Park, NM 87047

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Sandia Park, NM 87047

Sun Nov 09 2025
This week the median list price for Sandia Park, NM 87047 is $655,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has increased to 40. Click here to stay informed with the Sandia Park market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Sandia Park, NM 87047

Sun Nov 09 2025
This week the median list price for Sandia Park, NM 87047 is $655,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has increased to 40. Click here to stay informed with the Sandia Park market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Sandia Park market.
Median List Price $655,000
Median Price of New Listings $494,450
Per Square Foot $238
Average Days on Market 110
Median Days on Market 91
Price Decreased 43%
Price Increased 3%
Relisted 15%
Inventory 40
Median Rent
Market Action 30
Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

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
$1,130,000 3,908 10 - 20 acres 4 3 19 0 0 112
$755,000 2,928 1 - 2.5 acres 4 2.5 22 0 0 94
$599,000 2,996 2.5 - 5 acres 3 3 36 1 0 52
$412,500 1,978 1 - 2.5 acres 3 2 41 1 0 66