Market Conditions Report

Peralta, NM 87042

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace



Peralta, NM 87042

Tue Sep 27 2022
This week the median list price for Peralta, NM 87042 is $599,900 with the market action index hovering around 29. This is an increase over last month's market action index of 25. Inventory has decreased to 5. Click here to stay informed with the Peralta market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Peralta, NM 87042

Tue Sep 27 2022
This week the median list price for Peralta, NM 87042 is $599,900 with the market action index hovering around 29. This is an increase over last month's market action index of 25. Inventory has decreased to 5. Click here to stay informed with the Peralta market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Peralta market.
Median List Price $599,900
Median Price of New Listings $680,000
Per Square Foot $197
Average Days on Market 42
Median Days on Market 35
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 29
Slight Buyer's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$950,000 3,414 2.5 - 5 acres 4 3 15 0 0 35
$680,000 3,436 1 - 2.5 acres 4 3 23 1 0 0
$599,900 3,465 5 - 10 acres 4 5 NaN 0 0 49
$437,500 2,089 2.5 - 5 acres 3 2 39 0 0 63