$3,870 Closing Credit*
$325,900
1,419 SqFt
3 Beds
•1 Full Bath
#1075281, Mindy Prokos, Listing Office: La Puerta Real Estate Serv LLC
Is Skies West, 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, Skies West has remained a Seller's Market.
Key Takeaway
Skies West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Skies West, NM
How much do homes in Skies West, NM cost?
Median Sold Price
$326,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,500(+3.3%)
Key Takeaway
Homes in Skies West have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Skies West was $326,500 in November 2024, up 3.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $261K | +2.4% |
| 3 Bedrooms | $312.7K | $322.2K | +3.0% |
| 4 Bedrooms | $360K | $374.5K | +4.0% |
| 5+ Bedrooms | $420K | $429.9K | +2.4% |
Summary: Skies West 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 increased by 2.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Ventana Ranch | $340.2K | $360K | +5.8% |
| Paradise Hill | $365K | $385K | +5.5% |
| Stonebridge | $350.5K | $367.5K | +4.9% |
| Skies West | $316K | $326.5K | +3.3% |
Housing Supply in Skies West, NM
How many homes are available in Skies West, NM?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Summary: The Skies West real estate market had 38 homes for sale in November 2024, a 9.5% 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 | 4 | 1 | -75.0% |
| 3 Bedrooms | 34 | 29 | -14.7% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Skies West 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 75%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Skies West, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Skies West in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Skies West, NM
How long does it take to sell a home in Skies West, NM?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 32 Days | +585.5% |
Summary: Homes in Skies West had an average of 32 days on market in Nov 2024, up by 585.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Skies West are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Skies West; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.