$4,738 Closing Credit*
$399,000
2,332 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1074655, Carina Cozby, Listing Office: Berkshire Hathaway NM Prop
Is Ventana Ranch, 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, Ventana Ranch has remained a Seller's Market.
Key Takeaway
Ventana Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ventana Ranch, NM
How much do homes in Ventana Ranch, NM cost?
Median Sold Price
$360,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,735(+5.8%)
Key Takeaway
Homes in Ventana Ranch have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Ventana Ranch was $360,000 in November 2024, up 5.8% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $310K | +8.8% |
| 3 Bedrooms | $321.5K | $336K | +4.5% |
| 4 Bedrooms | $360K | $380K | +5.6% |
| 5+ Bedrooms | $435K | $428K | -1.6% |
Summary: Ventana Ranch 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 8.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Ventana Ranch | $340.2K | $360K | +5.8% |
| Paradise Hill | $365K | $385K | +5.5% |
| Skies West | $316K | $326.5K | +3.3% |
| Northwest Albuquerque | $349.9K | $360K | +2.9% |
Housing Supply in Ventana Ranch, NM
How many homes are available in Ventana Ranch, NM?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 58 | -13.4% |
Summary: The Ventana Ranch real estate market had 58 homes for sale in November 2024, a 13.4% 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 | 41 | 33 | -19.5% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Ventana Ranch 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 19.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ventana Ranch, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Ventana Ranch in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for Ventana Ranch, NM
How long does it take to sell a home in Ventana Ranch, NM?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 27 Days | +9.3% |
Summary: Homes in Ventana Ranch had an average of 27 days on market in Nov 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ventana Ranch has remained consistent over time.
Summary: During November 2024, 13 homes were sold in Ventana Ranch; 46% of homes were sold within 30 days, 54% 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.