87048 Real Estate Market

87048 Market

The median sale price for homes in 87048 over the last 12 months is $341,875.


The median mortgage debt is $133,055.

Additional Statistics for Single Family Homes and Condos in Corrales, NM
$572,860
Median Listing Price
102
Median Days on Market
101
Active Listings
4.0%
Distressed Listings
(foreclosures and short sales)
87048 (Corrales, NM) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Corrales is $575,000. The list prices increased by 4.73% from the previous month.

The price per square foot for listings in this area is $188.

The median sale price in December for single family homes is $315,625. The sale prices dropped by -23.01% from the previous month.

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87048 (Corrales, NM) Market Inventory Trends

The number of active listings in Corrales increased by 7.5% from the previous month.

The median number of days active properties have been listed is 102.

The number of sales increased by 100% from the previous month.

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87048 (Corrales, NM) Property Ownership

The percent of unoccupied properties is very low in Corrales. It is -8.12% below the national average.

The percent of owner occupied properties in Corrales is 12.26% above the national average.

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