New Mexico Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $197,767
    1% ( $2,134 ) vs Aug 2013
  • Median Sales Price
    NO DATA
  • Median Foreclosure Sales Price
    $122,841
    0% ( $0 ) vs Aug 2013
  • Foreclosures View
    Homes for Sale 12,327
    Recently Sold 12,575

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 12,327.

In September, the number of properties that received a foreclosure filing in NM was 34% lower than the previous month and 36% lower than the same time last year.

Home sales for August 2014 were down 21% compared with the previous month, and down 52% 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 $122,841, or 0% higher than non-distressed home sales.

Sales Prices - New Mexico


  • Foreclosure Discount
    NOT AVAILABLE


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$122,841 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $129,389 (Median Foreclosure Sales Price) $138,890 (Median Foreclosure Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $120,351 (Median Sales Price) $138,500 (Median Sales Price) $140,000 (Median Sales Price) $122,841 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $129,389 (Median Foreclosure Sales Price) $138,890 (Median Foreclosure Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $120,351 (Median Sales Price) $138,500 (Median Sales Price) $140,000 (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
424
61.3
% (y-o-y)
Data not available
Data not available
Las Cruces
136
24.0
% (y-o-y)
Data not available
Data not available
Santa Fe
94
64.9
% (y-o-y)
Data not available
Data not available
Rio Rancho
75
74.0
% (y-o-y)
Data not available
Data not available
Los Lunas
49
26.9
% (y-o-y)
Data not available
Data not available
Belen
30
6.3
% (y-o-y)
Data not available
Data not available
Edgewood
12
53.8
% (y-o-y)
Data not available
Data not available
Chaparral
10
25.0
% (y-o-y)
Data not available
Data not available
Tijeras
9
67.9
% (y-o-y)
Data not available
Data not available
Santa Teresa
8
0.0
% (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: 6.90%
Percentage of vacant homes: 14.84%