$4,144 Closing Credit*
$349,000
2,240 SqFt
2 Beds
•2 Full Baths
James Congdon, John Congdon, Listing Office: Santa Fe Properties
Is Glorieta, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Glorieta was a Buyer's Market.
Key Takeaway
Glorieta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glorieta, NM
How much do homes in Glorieta, NM cost?
Median Sold Price
$425,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$135,000(-24.1%)
Key Takeaway
Homes in Glorieta have sold for 24.1% less than they did a year ago.
Summary: The median home sold price in Glorieta was $425,000 in September 2024, down 24.1% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $585K | $645K | +10.3% |
| 3 Bedrooms | $535K | $357.5K | -33.2% |
| 4 Bedrooms | $1.7M | $784K | -54.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Glorieta housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 33.2%, 4 bedroom homes decreased by 54.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pecos | $345K | $460K | +33.3% |
| Santa Fe South | $672.5K | $653.3K | -2.9% |
| Glorieta | $560K | $425K | -24.1% |
Housing Supply in Glorieta, NM
How many homes are available in Glorieta, NM?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Glorieta real estate market had 7 homes for sale in September 2024, a 22.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Glorieta housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Glorieta, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Glorieta in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Glorieta, NM
How long does it take to sell a home in Glorieta, NM?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 33 Days | 12 Days | -62.1% |
Summary: Homes in Glorieta had an average of 12 days on market in Sep 2024, down by 62.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glorieta are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Glorieta; 100% of homes were sold within 30 days, 0% 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 in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.