Real-Time Real Estate Market Report
Corrales, NM 87048
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Corrales, NM 87048
Sat Jun 13 2026
This week the median list price for Corrales, NM 87048 is $940,995 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 36.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Real-Time Market Profile
| Median List Price | $940,995 | |
| Median Price of New Listings | $910,000 | |
| Per Square Foot | $336 | |
| Average Days on Market | 117 | |
| Median Days on Market | 63 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 36 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,175,000 | 5,751 | 2.5 - 5 acres | 4 | 3 | 45 | 1 | 1 | 210 |
| $1,150,000 | 3,196 | 1 - 2.5 acres | 4 | 3.5 | 20 | 1 | 1 | 84 |
| $899,000 | 3,082 | 1 - 2.5 acres | 3 | 2.5 | 32 | 2 | 1 | 7 |
| $670,000 | 1,767 | 0.5 - 1 acre | 4 | 2 | 45 | 1 | 0 | 28 |