Real-Time Real Estate Market Report
Cedar Crest, NM
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Cedar Crest, NM
Mon May 04 2026
This week the median list price for Cedar Crest, NM is $600,000 with the market action index hovering around 34. This is less than last month's market action index of 43. Inventory has increased to 10.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $600,000 | |
| Median Price of New Listings | $839,000 | |
| Per Square Foot | $260 | |
| Average Days on Market | 99 | |
| Median Days on Market | 49 | |
| Price Decreased | 20% | |
| Price Increased | 0% | |
| Relisted | 20% | |
| Inventory | 10 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $839,000 | 4,468 | 2.5 - 5 acres | 3 | 3.5 | 33 | 1 | 1 | 49 |
| $650,000 | 2,802 | 5 - 10 acres | 3 | 2.3 | 34 | 0 | 0 | 31 |
| $520,000 | 1,936 | 1 - 2.5 acres | 3 | 2 | 41 | 0 | 0 | 49 |
| $422,000 | 1,592 | 1 - 2.5 acres | 2 | 2.3 | 1 | 0 | 0 | 227 |