Las Campanas, NM

Buyer's market-37.0% YoY

Housing market overview · Updated weekly

$1.12Mmedian sale price

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

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

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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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