Real-Time Real Estate Market Report
Peralta, NM 87042
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Peralta, NM 87042
Fri Jul 26 2024
This week the median list price for Peralta, NM 87042 is $647,450 with the market action index hovering around 34. This is an increase over last month's market action index of 28. Inventory has decreased to 6.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $647,450 | |
| Median Price of New Listings | $600,000 | |
| Per Square Foot | $226 | |
| Average Days on Market | 147 | |
| Median Days on Market | 84 | |
| Price Decreased | 67% | |
| Price Increased | 17% | |
| Relisted | 33% | |
| Inventory | 6 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $920,000 | 2,300 | 2.5 - 5 acres | 3 | 3 | 38 | 0 | 0 | 77 |
| $799,900 | 3,970 | 1 - 2.5 acres | 3 | 2 | 27 | 0 | 0 | 42 |
| $647,450 | 2,556 | 1 - 2.5 acres | 4 | 3 | 27 | 1 | 0 | 255 |
| $412,500 | 2,838 | 1 - 2.5 acres | 3 | 2.5 | 28 | 0 | 0 | 126 |