Tano Road, NM
Housing market overview · Updated weekly
$1.47Mmedian sale price
Homes sold
2
Last 12 weeks
Days on market
129
Average pace
Active listings
19
9.5 months supply
Sale-to-list
99.6%
Below asking
The Tano Road housing market is currently classified as a buyer's market with a median sale price of $1.47M. Prices have risen 3.4% compared to last year, with homes spending an average of 129 days on market, indicating 9.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Tano Road?
The median home sale price in Tano Road is $1.47M, up 3.4% from last year.
How long do homes stay on market in Tano Road?
Homes typically spend 129 days on market before going under contract.
Is Tano Road a buyer's or seller's market?
With 9.5 months of supply, Tano Road is currently a buyer's market.
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