Velarde, NM

Balanced market

Housing market overview · Updated weekly

$450,000median sale price

Homes sold

1

Last 12 weeks

Days on market

18

Fast-moving

Active listings

2

2.0 months supply

Sale-to-list

94.7%

Below asking

The Velarde housing market is currently classified as a balanced market with a median sale price of $450,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 18 days on market, indicating 2.0 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 Velarde

There are currently 2 homes listed for sale in Velarde, New Mexico. The median listing price is $700K.

Active listings

2

Homes on market

Median list price

$700K

Avg. days on market

18

Days until sale

New this week

1

Newly listed

Sale-to-list:94.7%

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Frequently asked questions

What is the average home price in Velarde?

The median home sale price in Velarde is $450,000, down 0.0% from last year.

How long do homes stay on market in Velarde?

Homes typically spend 18 days on market before going under contract.

Is Velarde a buyer's or seller's market?

With 2.0 months of supply, Velarde is currently a balanced market.

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