New Mexico Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $187,739
    3% ( $5,339 ) vs Mar 2014
  • Median Sales Price
    NO DATA
  • Median Foreclosure Sales Price
    $113,242
    8% ( $10,283 ) vs Mar 2014
  • Foreclosures View
    Homes for Sale 10,492
    Recently Sold 5,236

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 10,492.

In April, the number of properties that received a foreclosure filing in NM was 36% lower than the previous month and 42% lower than the same time last year.

Home sales for March 2015 were down 70% compared with the previous month, and down 95% 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 $113,242, or 0% higher than non-distressed home sales.

Sales Prices - New Mexico


  • Foreclosure Discount
    NOT AVAILABLE


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$113,242 (Median Foreclosure Sales Price) $123,525 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $112,051 (Median Sales Price) $49,000 (Median Sales Price) $50,500 (Median Sales Price) $48,000 (Median Sales Price) $113,242 (Median Foreclosure Sales Price) $123,525 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $112,051 (Median Sales Price) $49,000 (Median Sales Price) $50,500 (Median Sales Price) $48,000 (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
97
85.1
% (y-o-y)
Data not available
Data not available
Santa Fe
24
87.0
% (y-o-y)
Data not available
Data not available
Las Cruces
19
87.7
% (y-o-y)
Data not available
Data not available
Alamogordo
17
54.1
% (y-o-y)
Data not available
Data not available
Roswell
15
85.6
% (y-o-y)
Data not available
Data not available
Rio Rancho
5
96.2
% (y-o-y)
Data not available
Data not available
Tularosa
4
33.3
% (y-o-y)
Data not available
Data not available
Edgewood
4
81.8
% (y-o-y)
Data not available
Data not available
La Mesa
2
0.0
% (y-o-y)
Data not available
Data not available
Chaparral
2
66.7
% (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%