Real-Time Real Estate Market Report

Bosque Farms, NM 87068

Single-Family Homes

Have the Market Insight Before You Buy or Sell


Bosque Farms, NM 87068

Sun Apr 28 2024
This week the median list price for Bosque Farms, NM 87068 is $717,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has increased to 6. Click here to stay informed with the Bosque Farms market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bosque Farms, NM 87068

Sun Apr 28 2024
This week the median list price for Bosque Farms, NM 87068 is $717,000 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has increased to 6. Click here to stay informed with the Bosque Farms market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bosque Farms market.
Median List Price $717,000
Median Price of New Listings $0
Per Square Foot $260
Average Days on Market 58
Median Days on Market 42
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 43
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$899,000 2,659 2.5 - 5 acres 3 2 21 0 0 56
$785,000 2,370 1 - 2.5 acres 3 2 9 0 0 7
$717,000 3,406 0.5 - 1 acre 4 3.5 33 0 0 49
$560,000 2,178 1 - 2.5 acres 3 2.5 38 0 0 94