Is White Rock, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, White Rock has remained a Seller's Market.
Key Takeaway
White Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in White Rock, NM
How much do homes in White Rock, NM cost?
Median Sold Price
$650,000
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in White Rock have sold for 17% more than they did a year ago.
Summary: The median home sold price in White Rock was $650,000 in April 2024, up 17% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $495K | +57.1% |
| 3 Bedrooms | $505K | $580K | +14.9% |
| 4 Bedrooms | $629K | $742K | +18.0% |
| 5+ Bedrooms | $680.1K | $779K | +14.5% |
Summary: White Rock 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 57.1%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Los Alamos | $480K | $596K | +24.2% |
| White Rock | $555.7K | $650K | +17.0% |
| Santa Fe South | $635.6K | $668.3K | +5.1% |
| Santa Fe North | $715K | $720.7K | +0.8% |
Housing Supply in White Rock, NM
How many homes are available in White Rock, NM?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Summary: The White Rock real estate market had 19 homes for sale in April 2024, a 20.8% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The White Rock 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 remained the same, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in White Rock, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in White Rock in April 2024, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for White Rock, NM
How long does it take to sell a home in White Rock, NM?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 33 Days | +498.2% |
Summary: Homes in White Rock had an average of 33 days on market in Apr 2024, up by 498.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in White Rock are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in White Rock; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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.