Tres Arroyos, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Tres Arroyos, NM is $1.18M, up 27.8% year-over-year. Homes sell in an average of 179 days with 16 active listings. The market is currently a buyer's market.
$1.18Mmedian sale price
Is Tres Arroyos a buyer's or seller's market?
Tres Arroyos, NM is currently a buyer's market, based on 5.3 months of supply and homes selling in about 179 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
179
Average pace
Active listings
16
5.3 months supply
Sale-to-list
96.0%
Below asking
Tres Arroyos, NM market data
| Metric | Value |
|---|---|
| Median sale price | $1.18M |
| Median list price | $875,000 |
| Year-over-year price change | +27.8% |
| Average days on market | 179 days |
| Active inventory | 16 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 96.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Tres Arroyos housing market is currently classified as a buyer's market with a median sale price of $1.18M. Prices have risen 27.8% compared to last year, with homes spending an average of 179 days on market, indicating 5.3 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 Tres Arroyos
There are currently 16 homes listed for sale in Tres Arroyos, New Mexico. The median listing price is $875K.
Active listings
16
Homes on market
Median list price
$875K
Avg. days on market
179
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Tres Arroyos?
The median home sale price in Tres Arroyos is $1.18M, up 27.8% from last year.
How long do homes stay on market in Tres Arroyos?
Homes typically spend 179 days on market before going under contract.
Is Tres Arroyos a buyer's or seller's market?
With 5.3 months of supply, Tres Arroyos is currently a buyer's market.
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