Is Alameda North Valley, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Alameda North Valley was a Buyer's Market.
Key Takeaway
Alameda North Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alameda North Valley, NM
How much do homes in Alameda North Valley, NM cost?
Median Sold Price
$550,000
$237/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Alameda North Valley have sold for 42.9% more than they did a month ago.
Summary: The median home sold price in Alameda North Valley was $550,000 in April 2024, up 42.9% from last month, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $360K | +16.1% |
| 3 Bedrooms | $395K | $485K | +22.8% |
| 4 Bedrooms | $405.2K | $755.9K | +86.6% |
| 5+ Bedrooms | - | $617.5K | N/A |
Summary: Alameda North Valley housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 86.6%, and 5+ bedroom homes did not change.
Housing Supply in Alameda North Valley, NM
How many homes are available in Alameda North Valley, NM?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The Alameda North Valley real estate market had 39 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Alameda North Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alameda North Valley, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Alameda North Valley in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Alameda North Valley, NM
How long does it take to sell a home in Alameda North Valley, NM?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 74 Days | +70.1% |
Summary: Homes in Alameda North Valley had an average of 74 days on market in Apr 2024, up by 70.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alameda North Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Alameda North Valley; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% 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.