Is Four Hllls Village, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Four Hllls Village is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Four Hllls Village was a Buyer's Market.

Key Takeaway

Four Hllls Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Four Hllls Village, NM

How much do homes in Four Hllls Village, NM cost?

Median Sold Price

$555,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+4.7%)

Key Takeaway

Homes in Four Hllls Village have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Four Hllls Village was $555,000 in October 2024, up 4.7% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $410K$364.8K
-11.0%
3 $516K$542.5K
+5.1%
4 $560.6K$566.7K
+1.1%
5+ $625K$775K
+24.0%

Summary: Four Hllls Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 24%.

Median Sold Price Compared To Nearby Neighborhoods

Southeast Albuquerque
+5.3%
Four Hllls Village
+4.7%

Housing Supply in Four Hllls Village, NM

How many homes are available in Four Hllls Village, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1920+5.3%

Summary: The Four Hllls Village real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 1112
+9.1%
5+ 12
+100.0%

Summary: The Four Hllls Village housing inventory by bedroom type for October 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 20%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Four Hllls Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Four Hllls Village in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Four Hllls Village, NM

How long does it take to sell a home in Four Hllls Village, NM?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days62 Days+16.8%

Summary: Homes in Four Hllls Village had an average of 62 days on market in Oct 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Four Hllls Village has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Four Hllls Village; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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