Tres Arroyos, NM
Housing market overview · Updated weekly
$1.18Mmedian sale price
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
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
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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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