La Luz, NM
Housing market overview · Updated weekly
$289,250median sale price
Homes sold
2
Last 12 weeks
Days on market
99
Average pace
Active listings
5
2.5 months supply
Sale-to-list
—
Below asking
The La Luz housing market is currently classified as a balanced market with a median sale price of $289,250. Prices have fallen 25.8% compared to last year, with homes spending an average of 99 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in La Luz?
The median home sale price in La Luz is $289,250, down 25.8% from last year.
How long do homes stay on market in La Luz?
Homes typically spend 99 days on market before going under contract.
Is La Luz a buyer's or seller's market?
With 2.5 months of supply, La Luz is currently a balanced market.
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