Las Campanas, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Las Campanas, NM is $1.12M, down 37.0% year-over-year. Homes sell in an average of 179 days with 44 active listings. The market is currently a buyer's market.
$1.12Mmedian sale price
Is Las Campanas a buyer's or seller's market?
Las Campanas, NM is currently a buyer's market, based on 8.8 months of supply and homes selling in about 179 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
179
Average pace
Active listings
44
8.8 months supply
Sale-to-list
92.4%
Below asking
Las Campanas, NM market data
| Metric | Value |
|---|---|
| Median sale price | $1.12M |
| Median list price | $2.30M |
| Year-over-year price change | -37.0% |
| Average days on market | 179 days |
| Active inventory | 44 listings |
| Months of supply | 8.8 months |
| Sale-to-list price ratio | 92.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Las Campanas housing market is currently classified as a buyer's market with a median sale price of $1.12M. Prices have fallen 37.0% compared to last year, with homes spending an average of 179 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Las Campanas
There are currently 44 homes listed for sale in Las Campanas, New Mexico. The median listing price is $2.3M.
Active listings
44
Homes on market
Median list price
$2.3M
Avg. days on market
179
Days until sale
New this week
10
Newly listed
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Frequently asked questions
What is the average home price in Las Campanas?
The median home sale price in Las Campanas is $1.12M, down 37.0% from last year.
How long do homes stay on market in Las Campanas?
Homes typically spend 179 days on market before going under contract.
Is Las Campanas a buyer's or seller's market?
With 8.8 months of supply, Las Campanas is currently a buyer's market.
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