Market Conditions Report

Moriarty, NM 87035

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace



Moriarty, NM 87035

Tue Sep 27 2022
This week the median list price for Moriarty, NM 87035 is $389,000 with the market action index hovering around 33. This is less than last month's market action index of 40. Inventory has increased to 5. Click here to stay informed with the Moriarty market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Moriarty, NM 87035

Tue Sep 27 2022
This week the median list price for Moriarty, NM 87035 is $389,000 with the market action index hovering around 33. This is less than last month's market action index of 40. Inventory has increased to 5. Click here to stay informed with the Moriarty market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Moriarty market.
Median List Price $389,000
Median Price of New Listings $0
Per Square Foot $169
Average Days on Market 85
Median Days on Market 77
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 33
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$750,000 2,614 N/A 3 3 54 0 0 77
$410,000 2,941 1 - 2.5 acres 4 3 18 0 0 77
$389,000 1,430 N/A 2 2 NaN 0 0 231
$307,450 1,932 2.5 - 5 acres 2 2 37 0 0 21