$4,928 Closing Credit*
$415,000
2,225 SqFt
3 Beds
•2 Full Baths
#1072044, David Levi Boillot, Listing Office: Realty One of New Mexico
Is Cabezon, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cabezon has remained a Seller's Market.
Key Takeaway
Cabezon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cabezon, NM
How much do homes in Cabezon, NM cost?
Median Sold Price
$395,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+5.3%)
Key Takeaway
Homes in Cabezon have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Cabezon was $395,000 in November 2024, up 5.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $285.9K | -4.7% |
| 3 Bedrooms | $350K | $356K | +1.7% |
| 4 Bedrooms | $465K | $425K | -8.6% |
| 5+ Bedrooms | $487.5K | $526K | +7.9% |
Summary: Cabezon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Cabezon | $375K | $395K | +5.3% |
| Northwest Albuquerque | $349.9K | $360K | +2.9% |
Housing Supply in Cabezon, NM
How many homes are available in Cabezon, NM?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Summary: The Cabezon real estate market had 34 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Cabezon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cabezon, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Cabezon in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Cabezon, NM
How long does it take to sell a home in Cabezon, NM?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 52 Days | -11.2% |
Summary: Homes in Cabezon had an average of 52 days on market in Nov 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cabezon has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Cabezon; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.