New Mexico Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $199,000
    2% ( $4,100 ) vs May 2014
  • Median Sales Price
    NO DATA
  • Median Foreclosure Sales Price
    $109,779
    4% ( $4,655 ) vs May 2014
  • Foreclosures View
    Homes for Sale 11,066
    Recently Sold 3,507

Market Summary

There are currently (contact us for foreclosure counts) properties in NM that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 11,066.

In June, the number of properties that received a foreclosure filing in NM was 62% lower than the previous month and 30% higher than the same time last year.

Home sales for May 2015 were up 43% compared with the previous month, and down 47% compared with a year ago. The median sales price of a non-distressed home was $0. The median sales price of a foreclosure home was $109,779, or 0% higher than non-distressed home sales.

Sales Prices - New Mexico


  • Foreclosure Discount
    NOT AVAILABLE


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$109,779 (Median Foreclosure Sales Price) $114,434 (Median Foreclosure Sales Price) $115,017 (Median Foreclosure Sales Price) $110,851 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $112,051 (Median Sales Price) $49,000 (Median Sales Price) $109,779 (Median Foreclosure Sales Price) $114,434 (Median Foreclosure Sales Price) $115,017 (Median Foreclosure Sales Price) $110,851 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $112,051 (Median Sales Price) $49,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Albuquerque
569
24.6
% (y-o-y)
Data not available
Data not available
Rio Rancho
154
10.8
% (y-o-y)
Data not available
Data not available
Santa Fe
98
46.2
% (y-o-y)
Data not available
Data not available
Las Cruces
85
51.7
% (y-o-y)
Data not available
Data not available
Alamogordo
29
38.3
% (y-o-y)
Data not available
Data not available
Los Lunas
26
59.4
% (y-o-y)
Data not available
Data not available
Belen
25
28.6
% (y-o-y)
Data not available
Data not available
Roswell
15
11.8
% (y-o-y)
Data not available
Data not available
Tijeras
10
41.2
% (y-o-y)
Data not available
Data not available
Edgewood
9
73.5
% (y-o-y)
Data not available
Data not available

Local Info For New Mexico

Population:
2,013,122
Schools: 1061   
Household Median Income: $43,820
Unemployment: 6.00%
Percentage of vacant homes: 14.84%