$199,999
3.00 Acres
Land
Julie Winter, Listing Office: 3 Solutions Real Estate
Is Las Campanas, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Las Campanas was a Seller's Market.
Key Takeaway
Las Campanas is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Las Campanas, NM
How much do homes in Las Campanas, NM cost?
Median Sold Price
$1,586,000
$536/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$156,500(-9.0%)
Key Takeaway
Homes in Las Campanas have sold for 9% less than they did a year ago.
Summary: The median home sold price in Las Campanas was $1,586,000 in October 2024, down 9% from last year, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.2M | $1.5M | +24.9% |
| 3 Bedrooms | $1.6M | $1.5M | -5.2% |
| 4 Bedrooms | $2.0M | $2.1M | +5.2% |
| 5+ Bedrooms | $3.8M | $1.5M | -59.3% |
Summary: Las Campanas 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 increased by 24.9%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 59.3%.
Housing Supply in Las Campanas, NM
How many homes are available in Las Campanas, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 56 | -6.7% |
Summary: The Las Campanas real estate market had 56 homes for sale in October 2024, a 6.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Las Campanas 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 3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Las Campanas, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Las Campanas in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Las Campanas, NM
How long does it take to sell a home in Las Campanas, NM?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 47 Days | +231.0% |
Summary: Homes in Las Campanas had an average of 47 days on market in Oct 2024, up by 231% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Las Campanas are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Las Campanas; 67% of homes were sold within 30 days, 0% 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 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. 
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. 
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