New Mexico Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $208,820
    4% ( $8,820 ) vs May 2015
  • Median Sales Price
    $125,067
    17% ( $17,780 ) vs May 2015
  • Median Foreclosure Sales Price
    $131,750
    8% ( $9,679 ) vs May 2015
  • Foreclosures View
    Homes for Sale 9,805
    Recently Sold 4,052

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 9,805.

In June, the number of properties that received a foreclosure filing in NM was 10% lower than the previous month and 69% higher than the same time last year.

Home sales for May 2016 were down 45% compared with the previous month, and down 68% compared with a year ago. The median sales price of a non-distressed home was $125,067. The median sales price of a foreclosure home was $131,750, or 5% higher than non-distressed home sales.

Sales Prices - New Mexico


  • Foreclosure Discount
    NOT AVAILABLE


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$131,750 (Median Foreclosure Sales Price) $122,071 (Median Foreclosure Sales Price) $116,905 (Median Foreclosure Sales Price) $115,438 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $84,343 (Median Foreclosure Sales Price) $125,067 (Median Sales Price) $107,288 (Median Sales Price) $108,775 (Median Sales Price) $103,338 (Median Sales Price) $87,173 (Median Sales Price) $92,929 (Median Sales Price) $131,750 (Median Foreclosure Sales Price) $122,071 (Median Foreclosure Sales Price) $116,905 (Median Foreclosure Sales Price) $115,438 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $84,343 (Median Foreclosure Sales Price) $125,067 (Median Sales Price) $107,288 (Median Sales Price) $108,775 (Median Sales Price) $103,338 (Median Sales Price) $87,173 (Median Sales Price) $92,929 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Albuquerque
226
60.3
% (y-o-y)
Data not available
Data not available
Las Cruces
85
0.0
% (y-o-y)
Data not available
Data not available
Santa Fe
25
74.5
% (y-o-y)
Data not available
Data not available
Rio Rancho
11
92.9
% (y-o-y)
Data not available
Data not available
Edgewood
7
30.0
% (y-o-y)
Data not available
Data not available
Alamogordo
6
79.3
% (y-o-y)
Data not available
Data not available
Los Lunas
6
76.9
% (y-o-y)
Data not available
Data not available
Tijeras
3
70.0
% (y-o-y)
Data not available
Data not available
Sandia Park
2
33.3
% (y-o-y)
Data not available
Data not available
Belen
2
92.0
% (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%

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