Is Chamiza Estates, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chamiza Estates has remained a Seller's Market.
Housing Prices in Chamiza Estates, NM
How much do homes in Chamiza Estates, NM cost?
Median Sold Price
$524,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chamiza Estates was $524,000 in May 2024, up 3.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $457.5K | $486.2K | +6.3% |
4 Bedrooms | $525K | $525K | 0.0% |
5+ Bedrooms | $620K | $740K | +19.4% |
Summary: Chamiza Estates housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Neighborhoods
River's Edge | $311.9K | $330K | +5.8% |
Chamiza Estates | $506K | $524K | +3.6% |
Housing Supply in Chamiza Estates, NM
How many homes are available in Chamiza Estates, NM?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The Chamiza Estates real estate market had 8 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chamiza Estates housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Chamiza Estates in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Chamiza Estates, NM
How long does it take to sell a home in Chamiza Estates, NM?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
2 Days | 12 Days | +350.0% |
Summary: Homes in Chamiza Estates had an average of 12 days on market in May 2024, up by 350% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Chamiza Estates; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.