Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
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New Mexico Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for New Mexico. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in New Mexico, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in New Mexico. Half the homes sold above this number and half sold below.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in New Mexico. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the New Mexico. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in New Mexico during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in New Mexico, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / sq. ft. ($)
Mid-point of New Mexicos list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
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Median sale price / sq. ft. ($)
Mid-point of New Mexicos sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in New Mexico, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / sq. ft. ($)
Mid-point of New Mexicos rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in New Mexico (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in New Mexico whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
Mid-point of the percentage of price reduction for homes in New Mexico whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in New Mexico that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the New Mexico per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in New Mexico where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in New Mexico whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in New Mexico whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in New Mexico that were sold in the past 12 months.

$165,100
3.8%Y-o-Y

Calculated 04/23/2013^*
^*Includes data and transactions through 03/31/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Mar 2013
41	New Mexico	-2.1%	-0.7%	3.8%	165100
394305	Alamogordo Metro
394312	Albuquerque Metro	-1.3%	2.3%	4.1%	161800
394443	Carlsbad Metro
394478	Clovis Metro
394529	Deming Metro
394574	Espanola Metro
394588	Farmington Metro
394626	Gallup Metro
394642	Grants Metro
394683	Hobbs Metro
394773	Las Cruces Metro	-0.7%	-1.7%	3.6%	136300
394774	Las Vegas Metro
394805	Los Alamos Metro
394996	Portales Metro
395040	Roswell Metro
395041	Ruidoso Metro
395066	Santa Fe Metro	-2.7%	-3.8%	0.2%	246600
395100	Silver City Metro
395149	Taos Metro

Zillow Home Value Index		Y-o-Y
New Mexico	$165,100	3.8%
Colorado	$219,000	9.1%
Arizona	$159,300	18.0%
Utah	$208,400	7.3%
Oklahoma	$99,000	4.2%
Wyoming	$214,600	11.3%

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New Mexico Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for New Mexico.

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