Las Campanas, NM Housing Market & Real Estate

Buyer's market-37.0% YoY

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?

Buyer's market8.8 months of supply179 avg. days on 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

Current housing market statistics for Las Campanas, NM
MetricValue
Median sale price$1.12M
Median list price$2.30M
Year-over-year price change-37.0%
Average days on market179 days
Active inventory44 listings
Months of supply8.8 months
Sale-to-list price ratio92.4%
Market conditionBuyer'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

Price drops:9.1%of listings
Sale-to-list:92.4%

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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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