#1076377, Bernadette Matthiensen, Listing Office: Altura Real Estate
San Miguel County Housing Market Report December 2024•San Miguel County, New Mexico
Housing Prices in San Miguel County, NM
How much do homes in San Miguel County, NM cost?
Housing Market Conditions
Is San Miguel County, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
San Miguel County is a Neutral Market
Difference Since November 2024
Last month, San Miguel County was a Buyer's Market.
San Miguel County 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
Based on all homes sold in December 2024
Homes in San Miguel County have sold for 10.8% more than they did a month ago.
Summary: The median home sold price in San Miguel County was $249,250 in December 2024, up 10.8% from last month, and the median price per square foot was $157.
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $215K | $136.7K | -36.4% |
33 Bedrooms | $359K | $505K | +40.7% |
44 Bedrooms | $225K | $360K | +60.0% |
55+ Bedrooms | - | - | N/A |
Summary: San Miguel County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -36.4%. The home price for 3 bedroom homes increased by +40.7%. The home price for 4 bedroom homes increased by +60.0%. The home price for 5 bedroom homes did not change.
Housing supply in San Miguel County, NM
How many homes are available in San Miguel County, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
26Last MonthDec 2024 | ||
292 months agoNov 2024 | -10.3 % Change MoMNov – Dec |
Summary: The San Miguel County real estate market had 26 homes for sale in Dec 2024, a 10.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthDec 2024 | ||
32 months agoNov 2024 | +33.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 9 | 8 | -11.1% |
33 Bedrooms | 13 | 12 | -7.7% |
44 Bedrooms | 3 | 2 | -33.3% |
55+ Bedrooms | 4 | 4 | 0.0% |
Summary: San Miguel County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes decreased by -7.7%. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in San Miguel County, NM cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price4 Homes
If you're buying a home in San Miguel County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in San Miguel County in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for San Miguel County, NM
How long does it take to sell a home in San Miguel County, NM?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in San Miguel County has remained consistent over time.
Summary: During December 2024, 4 homes were sold in San Miguel County; 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
Last Month | 1 month ago | Change MoM |
---|---|---|
81 DaysLast MonthDec 2024 | ||
11 Days1 month agoNov 2024 | +619.1 % Change MoMNov – Dec |
Summary: Homes in San Miguel County had an average listing age of 81 days in Dec 2024, up by 619.1% compared to the previous month.
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Newest Listings in San Miguel County, NM
What homes are available in San Miguel County, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, Southwest Multiple Listing Service, and MLS of Oklahoma for the period 11/01/2024 - 01/01/2025
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: 1/17/2025, 11:21:01 PM 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: 1/17/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.