Real-Time Real Estate Market Report

Los Lunas, NM 87031

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Los Lunas, NM 87031

Tue Mar 28 2023
This week the median list price for Los Lunas, NM 87031 is $362,445 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has decreased to 80. Click here to stay informed with the Los Lunas market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Lunas, NM 87031

Tue Mar 28 2023
This week the median list price for Los Lunas, NM 87031 is $362,445 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has decreased to 80. Click here to stay informed with the Los Lunas market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Lunas market.
Median List Price $362,445
Median Price of New Listings $306,190
Per Square Foot $190
Average Days on Market 101
Median Days on Market 60
Price Decreased 41%
Price Increased 8%
Relisted 6%
Inventory 80
Median Rent
Market Action 44
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$542,052 2,474 1 - 2.5 acres 3 3 1 1 1 59
$393,700 2,169 6,500 - 8,000 sqft 3 2 1 1 5 98
$343,900 1,750 4,500 - 6,500 sqft 3 2 0 2 4 56
$299,450 1,591 4,500 - 6,500 sqft 3 2 14 6 7 28