Lee Acres, NM

Balanced market+53.6% YoY

Housing market overview · Updated weekly

$599,000median sale price

Homes sold

1

Last 12 weeks

Days on market

4

Fast-moving

Active listings

5

5.0 months supply

Sale-to-list

Below asking

The Lee Acres housing market is currently classified as a balanced market with a median sale price of $599,000. Prices have risen 53.6% compared to last year, with homes spending an average of 4 days on market, indicating 5.0 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 Lee Acres

There are currently 5 homes listed for sale in Lee Acres, New Mexico. The median listing price is $320K.

Active listings

5

Homes on market

Median list price

$320K

Avg. days on market

4

Days until sale

New this week

4

Newly listed

Price drops:40.0%of listings

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Frequently asked questions

What is the average home price in Lee Acres?

The median home sale price in Lee Acres is $599,000, up 53.6% from last year.

How long do homes stay on market in Lee Acres?

Homes typically spend 4 days on market before going under contract.

Is Lee Acres a buyer's or seller's market?

With 5.0 months of supply, Lee Acres is currently a balanced market.

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