Sandia Park, NM 87047

Real-Time Real Estate Market Report

Sandia Park, NM 87047

Single-Family Homes

Have the Market Insight Before You Buy or Sell

Tue Jul 01 2025
This week the median list price for Sandia Park, NM 87047 is $800,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 24. Click here to stay informed with the Sandia Park market!

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.

Median List Price		$800,000
Median Price of New Listings		$599,000
Per Square Foot		$245
Average Days on Market		109
Median Days on Market		35
Price Decreased		42%
Price Increased		0%
Relisted		17%
Inventory		24
Median Rent
Market Action		45
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,150,000	4,013	10 - 20 acres	4	3.1	14	0	1	35
$887,000	3,695	2.5 - 5 acres	4	2.6	24	1	1	38
$657,000	2,942	2.5 - 5 acres	4	2.5	32	1	0	66
$381,500	1,780	1 - 2.5 acres	2	1.6	43	1	3	14

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,150,000	4,013	10 - 20 acres	4	3.1	14	0	1	35
$887,000	3,695	2.5 - 5 acres	4	2.6	24	1	1	38
$657,000	2,942	2.5 - 5 acres	4	2.5	32	1	0	66
$381,500	1,780	1 - 2.5 acres	2	1.6	43	1	3	14

Median Price	Top $1,150,000	Upper $887,000	Lower $657,000	Bottom $381,500
Sq. Ft.	4,013	3,695	2,942	1,780
Lot Size	10 - 20 acres	2.5 - 5 acres	2.5 - 5 acres	1 - 2.5 acres
Beds	4	4	4	2
Baths	3.1	2.6	2.5	1.6
Age	14	24	32	43
New	0	1	1	1
Absorbed	1	1	0	3
DOM	35	38	66	14

Real-Time Real Estate Market Report