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City Limits Southwest Housing Market Report March 2025•Santa Fe County, New Mexico
Housing Prices in City Limits Southwest, NM
How much do homes in City Limits Southwest, NM cost?
Housing Market Conditions
Is City Limits Southwest, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
City Limits Southwest is a Neutral Market
Difference Since March 2024
Since last year, City Limits Southwest has remained a Neutral Market.
Insight
City Limits Southwest is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$536,300$383/SqFt
-$3,700
-0.7%
Based on all homes sold in the last 12 months
Insight
Homes in City Limits Southwest have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in City Limits Southwest was $536,300 in March 2025, down 0.7% from last year, and the median price per square foot was $383.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $345K | $360K | +4.3% |
| 22 Bedrooms | $505K | $488.2K | -3.3% |
| 33 Bedrooms | $564K | $600K | +6.4% |
| 44 Bedrooms | $615K | $628.5K | +2.2% |
| 55+ Bedrooms | - | $735K | N/A |
Summary: City Limits Southwest housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.3%. The home price for 2 bedroom homes decreased by -3.3%. The home price for 3 bedroom homes increased by +6.4%. The home price for 4 bedroom homes increased by +2.2%. The home price for 5 bedroom homes did not change.
How does City Limits Southwest, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
City Limits Southwest, NM
Housing supply in City Limits Southwest, NM
How many homes are available in City Limits Southwest, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 61Last MonthMar 2025 | ||
| 512 months agoFeb 2025 | +19.6 % Change MoMFeb – Mar |
Summary: The City Limits Southwest real estate market had 61 homes for sale in Mar 2025, a 19.6 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthMar 2025 | ||
| 62 months agoFeb 2025 | +66.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 9 | 9 | 0.0% |
| 22 Bedrooms | 7 | 7 | 0.0% |
| 33 Bedrooms | 24 | 33 | +37.5% |
| 44 Bedrooms | 8 | 6 | -25.0% |
| 55+ Bedrooms | 3 | 6 | +100.0% |
Summary: City Limits Southwest housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +37.5%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in City Limits Southwest, NM cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price8 Homes
Insight
If you're buying a home in City Limits Southwest, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in City Limits Southwest in March 2025, up by 66.7% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and and 10% were sold over asking.
Days on Market for City Limits Southwest, NM
How long does it take to sell a home in City Limits Southwest, NM?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Many homes in City Limits Southwest are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 10 homes were sold in City Limits Southwest; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 121 DaysThis YearMar 2025 | ||
| 35 Days1 year agoMar 2024 | +244.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in City Limits Southwest had an average listing age of 121 days in Mar 2025, up by 244.0% compared to the previous year.
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Newest Listings in City Limits Southwest, NM
What homes are available in City Limits Southwest, NM?
Nearby markets
Nearby markets aren't available for City Limits Southwest, NM
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service for the period 04/01/2023 - 04/01/2025
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. Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.