Real-Time Real Estate Market Report

Cedar Crest, NM 87008

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Current active inventory in Cedar Crest, NM 87008 is very low. Keep this in mind when looking at this report.

Cedar Crest, NM 87008

Sat Jun 10 2023
This week the median list price for Cedar Crest, NM 87008 is $577,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 3. Click here to stay informed with the Cedar Crest market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Cedar Crest, NM 87008

Sat Jun 10 2023
This week the median list price for Cedar Crest, NM 87008 is $577,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 3. Click here to stay informed with the Cedar Crest market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Cedar Crest market.
Median List Price $577,000
Median Price of New Listings $483,499
Per Square Foot $259
Average Days on Market 9
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 47
Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$930,000 3,633 2.5 - 5 acres 3 3 30 0 0 28
$577,000 2,213 2.5 - 5 acres 3 2 16 1 0 0
$389,999 1,505 0.5 - 1 acre 3 2 1 1 1 0