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#1080550, Gerald Joseph Romero, Listing Office: EXP Realty, LLC
Sandia Park Housing Market Report March 2025•Sandoval County, New Mexico
Housing Prices in Sandia Park, NM
How much do homes in Sandia Park, NM cost?
Housing Market Conditions
Is Sandia Park, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Sandia Park is a Neutral Market
Difference Since March 2024
At the same time last year, Sandia Park was a Buyer's Market.
Insight
Sandia Park 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
$558,500$244/SqFt
+$14,725
+2.7%
Based on all homes sold in the last 12 months
Insight
Homes in Sandia Park have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Sandia Park was $558,500 in March 2025, up 2.7% from last year, and the median price per square foot was $244.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $325K | $450K | +38.5% |
| 33 Bedrooms | $458K | $540K | +17.9% |
| 44 Bedrooms | $701.5K | $686.2K | -2.2% |
| 55+ Bedrooms | $1.5M | $536K | -64.7% |
Summary: Sandia Park housing price by bedroom type for March 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 +38.5%. The home price for 3 bedroom homes increased by +17.9%. The home price for 4 bedroom homes decreased by -2.2%. The home price for 5 bedroom homes decreased by -64.7%.
How does Sandia Park, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Sandia Park, NM
Housing supply in Sandia Park, NM
How many homes are available in Sandia Park, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthMar 2025 | ||
| 412 months agoFeb 2025 | -14.6 % Change MoMFeb – Mar |
Summary: The Sandia Park real estate market had 35 homes for sale in Mar 2025, a 14.6 % decrease compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthMar 2025 | ||
| 122 months agoFeb 2025 | -58.3 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 3 | 1 | -66.7% |
| 33 Bedrooms | 18 | 18 | 0.0% |
| 44 Bedrooms | 16 | 14 | -12.5% |
| 55+ Bedrooms | 3 | 1 | -66.7% |
Summary: Sandia Park 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 decreased by -66.7%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes decreased by -66.7%.
Asking Price vs. Sold Price
How much do homes in Sandia Park, NM cost?
Over Asking Price3 Homes
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Sandia Park, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Sandia Park in March 2025, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and and 60% were sold over asking.
Days on Market for Sandia Park, NM
How long does it take to sell a home in Sandia Park, NM?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Many homes in Sandia Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 5 homes were sold in Sandia Park; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 101 DaysThis YearMar 2025 | ||
| 24 Days1 year agoMar 2024 | +320.8 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Sandia Park had an average listing age of 101 days in Mar 2025, up by 320.8% compared to the previous year.
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Newest Listings in Sandia Park, NM
What homes are available in Sandia Park, NM?
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 04/01/2023 - 04/01/2025
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: 4/17/2025, 3:20:50 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 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: 4/17/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.