Real-Time Real Estate Market Report

Sandia Park, NM 87047

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Sandia Park, NM 87047

Sun Nov 30 2025
This week the median list price for Sandia Park, NM 87047 is $650,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 37. Click here to stay informed with the Sandia Park market!

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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Sandia Park, NM 87047

Sun Nov 30 2025
This week the median list price for Sandia Park, NM 87047 is $650,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 37. Click here to stay informed with the Sandia Park market!

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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Sandia Park market.
Median List Price $650,000
Median Price of New Listings $375,000
Per Square Foot $235
Average Days on Market 127
Median Days on Market 105
Price Decreased 43%
Price Increased 3%
Relisted 14%
Inventory 37
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,130,000 3,908 10 - 20 acres 4 3 19 0 0 126
$735,000 3,294 2.5 - 5 acres 4 2.5 26 0 2 105
$599,000 2,929 1 - 2.5 acres 3 3 36 0 0 70
$400,000 1,931 2.5 - 5 acres 3 2 42 1 1 98