New Mexico Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $186,639
    2% ( $3,751 ) vs Feb 2015
  • Median Sales Price
    $106,675
    3% ( $2,975 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $116,123
    5% ( $5,623 ) vs Feb 2015
  • Foreclosures View
    Homes for Sale 8,524
    Recently Sold 5,702

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 8,524.

In March, the number of properties that received a foreclosure filing in NM was 19% lower than the previous month and 5% lower than the same time last year.

Home sales for February 2016 were up 40% compared with the previous month, and up 203% compared with a year ago. The median sales price of a non-distressed home was $106,675. The median sales price of a foreclosure home was $116,123, or 9% higher than non-distressed home sales.

Sales Prices - New Mexico


  • Foreclosure Discount
    NOT AVAILABLE


Add this chart to your website.

$116,123 (Median Foreclosure Sales Price) $110,500 (Median Foreclosure Sales Price) $86,985 (Median Foreclosure Sales Price) $88,124 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $121,290 (Median Foreclosure Sales Price) $106,675 (Median Sales Price) $109,650 (Median Sales Price) $112,100 (Median Sales Price) $144,500 (Median Sales Price) $143,882 (Median Sales Price) $144,191 (Median Sales Price) $116,123 (Median Foreclosure Sales Price) $110,500 (Median Foreclosure Sales Price) $86,985 (Median Foreclosure Sales Price) $88,124 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $121,290 (Median Foreclosure Sales Price) $106,675 (Median Sales Price) $109,650 (Median Sales Price) $112,100 (Median Sales Price) $144,500 (Median Sales Price) $143,882 (Median Sales Price) $144,191 (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
538
166.3
% (y-o-y)
$108,163
0.0
% (y-o-y)
Data not available
Rio Rancho
122
542.1
% (y-o-y)
$104,661
0.0
% (y-o-y)
Data not available
Santa Fe
104
121.3
% (y-o-y)
Data not available
Data not available
Las Cruces
95
126.2
% (y-o-y)
Data not available
Data not available
Alamogordo
32
433.3
% (y-o-y)
Data not available
Data not available
Roswell
31
287.5
% (y-o-y)
Data not available
Data not available
Los Lunas
30
150.0
% (y-o-y)
Data not available
Data not available
Edgewood
13
116.7
% (y-o-y)
Data not available
Data not available
Belen
13
30.0
% (y-o-y)
Data not available
Data not available
Tijeras
11
450.0
% (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: 6.10%
Percentage of vacant homes: 14.84%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)