#202500825, Lisa Karam, Listing Office: Sotheby's Int. RE/Grant
North West City South Housing Market Report February 2025•Santa Fe County, New Mexico
Housing Prices in North West City South, NM
How much do homes in North West City South, NM cost?
Housing Market Conditions
Is North West City South, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North West City South is a Seller's Market
Difference Since February 2024
Since last year, North West City South has remained a Seller's Market.
North West City South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in North West City South have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in North West City South was $1,010,500 in February 2025, up 13.2% from last year, and the median price per square foot was $433.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $673.7K | $737.5K | +9.5% |
33 Bedrooms | $905K | $1.0M | +16.0% |
44 Bedrooms | $985.6K | $1.2M | +26.3% |
55+ Bedrooms | $1.5M | $1.1M | -24.6% |
Summary: North West City South housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.5%. The home price for 3 bedroom homes increased by +16.0%. The home price for 4 bedroom homes increased by +26.3%. The home price for 5 bedroom homes decreased by -24.6%.
Housing supply in North West City South, NM
How many homes are available in North West City South, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthFeb 2025 | ||
142 months agoJan 2025 | +14.3 % Change MoMJan – Feb |
Summary: The North West City South real estate market had 16 homes for sale in Feb 2025, a 14.3 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthFeb 2025 | ||
22 months agoJan 2025 | +100.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 2 | +100.0% |
33 Bedrooms | 11 | 12 | +9.1% |
44 Bedrooms | 2 | 2 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: North West City South housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +9.1%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in North West City South, NM cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
If you're buying a home in North West City South, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North West City South in February 2025, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for North West City South, NM
How long does it take to sell a home in North West City South, NM?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in North West City South has remained consistent over time.
Summary: During February 2025, 4 homes were sold in North West City South; 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.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
52 DaysThis YearFeb 2025 | ||
86 Days1 year agoFeb 2024 | -39.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in North West City South had an average listing age of 52 days in Feb 2025, down by 39.3% compared to the previous year.
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Newest Listings in North West City South, NM
What homes are available in North West City South, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service for the period 03/01/2023 - 03/01/2025

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: 3/4/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 3/4/2025, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.