Encantado, NM

Balanced market-56.7% YoY

Housing market overview · Updated weekly

$1.06Mmedian sale price

Homes sold

2

Last 12 weeks

Days on market

221

Average pace

Active listings

2

1.0 months supply

Sale-to-list

90.2%

Below asking

The Encantado housing market is currently classified as a balanced market with a median sale price of $1.06M. Prices have fallen 56.7% compared to last year, with homes spending an average of 221 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Encantado

There are currently 2 homes listed for sale in Encantado, New Mexico.

Active listings

2

Homes on market

Avg. days on market

221

Days until sale

Sale-to-list:90.2%

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Frequently asked questions

What is the average home price in Encantado?

The median home sale price in Encantado is $1.06M, down 56.7% from last year.

How long do homes stay on market in Encantado?

Homes typically spend 221 days on market before going under contract.

Is Encantado a buyer's or seller's market?

With 1.0 months of supply, Encantado is currently a balanced market.

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