La Cienega, NM

Balanced market-42.9% YoY

Housing market overview · Updated weekly

$600,000median sale price

Homes sold

3

Last 12 weeks

Days on market

90

Average pace

Active listings

6

2.0 months supply

Sale-to-list

88.8%

Below asking

The La Cienega housing market is currently classified as a balanced market with a median sale price of $600,000. Prices have fallen 42.9% compared to last year, with homes spending an average of 90 days on market, indicating 2.0 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

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Frequently asked questions

What is the average home price in La Cienega?

The median home sale price in La Cienega is $600,000, down 42.9% from last year.

How long do homes stay on market in La Cienega?

Homes typically spend 90 days on market before going under contract.

Is La Cienega a buyer's or seller's market?

With 2.0 months of supply, La Cienega is currently a balanced market.

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