$8,016 Closing Credit*
$675,000
2,504 SqFt
3 Beds
•3 Full Baths
#1074677, Monica Tello, Listing Office: Coldwell Banker Legacy
Is Chamiza Estates, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Chamiza Estates was a Neutral Market.
Key Takeaway
Chamiza Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chamiza Estates, NM
How much do homes in Chamiza Estates, NM cost?
Median Sold Price
$460,000
$246/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$140,000(-23.3%)
Key Takeaway
Homes in Chamiza Estates have sold for 23.3% less than they did a month ago.
Summary: The median home sold price in Chamiza Estates was $460,000 in November 2024, down 23.3% from last month, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $493K | $460K | -6.7% |
| 4 Bedrooms | $605K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Chamiza Estates housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Chamiza Estates, NM
How many homes are available in Chamiza Estates, NM?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Chamiza Estates real estate market had 15 homes for sale in November 2024, a 16.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Chamiza Estates 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chamiza Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chamiza Estates in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 55 Days | +66.0% |
Summary: Homes in Chamiza Estates had an average of 55 days on market in Nov 2024, up by 66% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chamiza Estates are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Chamiza Estates; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.