$32,900
1.18 Acres
Land
Michael T Dunn, Listing Office: Coldwell Banker Legacy
Is East Bernalillo, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Bernalillo has remained a Seller's Market.
Key Takeaway
East Bernalillo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Bernalillo, NM
How much do homes in East Bernalillo, NM cost?
Median Sold Price
$486,700
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,305(+13.1%)
Key Takeaway
Homes in East Bernalillo have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in East Bernalillo was $486,700 in October 2024, up 13.1% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362K | $285K | -21.3% |
| 2 Bedrooms | $325K | $290.5K | -10.6% |
| 3 Bedrooms | $400K | $475K | +18.8% |
| 4 Bedrooms | $649K | $599K | -7.7% |
| 5+ Bedrooms | $556.5K | $645K | +15.9% |
Summary: East Bernalillo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.3%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Tijeras | $415K | $497K | +19.8% |
| East Bernalillo | $430.3K | $486.7K | +13.1% |
| Edgewood | $405K | $414.9K | +2.4% |
| Cedar Crest | $447.5K | $451K | +0.8% |
| Sandia Park | $580.5K | $542K | -6.6% |
Housing Supply in East Bernalillo, NM
How many homes are available in East Bernalillo, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 121 | -18.8% |
Summary: The East Bernalillo real estate market had 121 homes for sale in October 2024, a 18.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 76 | 59 | -22.4% |
| 4 Bedrooms | 46 | 39 | -15.2% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The East Bernalillo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 22.4%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 37 | +19.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Bernalillo, you may be able to get a good deal. 64.9% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in East Bernalillo in October 2024, up by 19.4% month-over-month. Of the 37 sold homes, 65% were sold under asking, 19% were sold at asking, and 16% were sold over asking.
Days on Market for East Bernalillo, NM
How long does it take to sell a home in East Bernalillo, NM?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +93.0% |
Summary: Homes in East Bernalillo had an average of 51 days on market in Oct 2024, up by 93% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Bernalillo are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in East Bernalillo; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% 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. 
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