Real-Time Real Estate Market Report

Moriarty, NM 87035

Single-Family Homes

Have the Market Insight Before You Buy or Sell


Moriarty, NM 87035

Sat Jul 27 2024
This week the median list price for Moriarty, NM 87035 is $260,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 11. 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

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.

Moriarty, NM 87035

Sat Jul 27 2024
This week the median list price for Moriarty, NM 87035 is $260,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 11. 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

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 Moriarty market.
Median List Price $260,000
Median Price of New Listings $425,000
Per Square Foot $172
Average Days on Market 43
Median Days on Market 35
Price Decreased 27%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$512,500 4,447 5 - 10 acres 4 3 27 0 0 80
$365,000 2,016 1 - 2.5 acres 4 2 31 1 1 14
$255,000 1,401 4,500 - 6,500 sqft 3 2 0 0 0 56
$175,000 1,500 0.5 - 1 acre 2 2 64 0 0 28