Is Moriarty, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moriarty is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Moriarty has remained a Seller's Market.

Key Takeaway

Moriarty is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moriarty, NM

How much do homes in Moriarty, NM cost?

Median Sold Price

$234,297

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$42,297(+22.0%)

Key Takeaway

Homes in Moriarty have sold for 22% more than they did a year ago.

Summary: The median home sold price in Moriarty was $234,297 in April 2024, up 22% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $180K$203K
+12.8%
3 $191K$235.6K
+23.4%
4 $340K$248.7K
-26.8%
5+ -$520K
N/A

Summary: Moriarty housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 23.4%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes did not change.

Housing Supply in Moriarty, NM

How many homes are available in Moriarty, NM?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1115+36.4%

Summary: The Moriarty real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 710
+42.9%
4 24
+100.0%
5+ 00
0.0%

Summary: The Moriarty 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 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moriarty, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Moriarty in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.

Days on Market for Moriarty, NM

How long does it take to sell a home in Moriarty, NM?

Average Sale Time

Apr 2023Apr 2024CHANGE
52 Days73 Days+39.6%

Summary: Homes in Moriarty had an average of 73 days on market in Apr 2024, up by 39.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Moriarty has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Moriarty; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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