Market Conditions Report

Tijeras, NM 87059

Single-Family Homes

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Tijeras, NM 87059

Tue May 11 2021
This week the median list price for Tijeras, NM 87059 is $620,000 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has increased to 13. Click here to stay informed with the Tijeras market!

Market Action Index

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

Strong Seller's Market

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.

Tijeras, NM 87059

Tue May 11 2021
This week the median list price for Tijeras, NM 87059 is $620,000 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has increased to 13. Click here to stay informed with the Tijeras market!

Market Action Index

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

Strong Seller's Market

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

Never miss important changes in the Tijeras market.
Median List Price $620,000
Median Price of New Listings $425,000
Per Square Foot $197
Average Days on Market 65
Median Days on Market 21
Price Decreased 38%
Price Increased 0%
Relisted 23%
Inventory 13
Median Rent
Market Action 57
Strong Seller's Market

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.

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
$769,000 3,165 5 - 10 acres 4 4 24 1 0 14
$649,900 3,100 2.5 - 5 acres 3 3 18 0 0 21
$615,000 3,062 1 - 2.5 acres 4 2 33 1 0 35
$417,750 2,553 1 - 2.5 acres 3 2 27 1 1 73