#1078552, Mary Padilla, Listing Office: YES! Realty
West Bernalillo Housing Market Report January 2025•Bernalillo County, New Mexico
Housing Prices in West Bernalillo, NM
How much do homes in West Bernalillo, NM cost?
Housing Market Conditions
Is West Bernalillo, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
West Bernalillo is a Seller's Market
Difference Since January 2024
Since last year, West Bernalillo has remained a Seller's Market.
West Bernalillo 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 West Bernalillo have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in West Bernalillo was $450,000 in January 2025, down 9.8% from last year, and the median price per square foot was $198.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Albuquerque | $334.1K | $349K | +4.5% |
Rio Rancho | $350.8K | $358.2K | +2.1% |
West Bernalillo | $498.9K | $450K | -9.8% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $309.9K | - | N/A |
33 Bedrooms | $397.6K | $422.5K | +6.3% |
44 Bedrooms | $517K | $472.4K | -8.6% |
55+ Bedrooms | $712K | $510K | -28.4% |
Summary: West Bernalillo housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes decreased by -8.6%. The home price for 5 bedroom homes decreased by -28.4%.
Housing supply in West Bernalillo, NM
How many homes are available in West Bernalillo, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
41Last MonthJan 2025 | ||
402 months agoDec 2024 | +2.5 % Change MoMDec – Jan |
Summary: The West Bernalillo real estate market had 41 homes for sale in Jan 2025, a 2.5 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthJan 2025 | ||
132 months agoDec 2024 | -38.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 1 | +100.0% |
33 Bedrooms | 16 | 11 | -31.3% |
44 Bedrooms | 24 | 26 | +8.3% |
55+ Bedrooms | 0 | 3 | +100.0% |
Summary: West Bernalillo housing inventory by bedroom type for January 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 decreased by -31.3%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in West Bernalillo, NM cost?
Over Asking Price1 Home
At Asking Price6 Homes
Under Asking Price1 Home
If you're buying a home in West Bernalillo, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in West Bernalillo in January 2025, down by 38.5% month-over-month. Of the 8 sold homes, 13% were sold under asking, 75% were sold at asking, and and 13% were sold over asking.
Days on Market for West Bernalillo, NM
How long does it take to sell a home in West Bernalillo, NM?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in West Bernalillo are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 8 homes were sold in West Bernalillo; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
8 DaysThis YearJan 2025 | ||
66 Days1 year agoJan 2024 | -87.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in West Bernalillo had an average listing age of 8 days in Jan 2025, down by 87.9% compared to the previous year.
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Newest Listings in West Bernalillo, NM
What homes are available in West Bernalillo, NM?
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, for the period 02/01/2023 - 02/01/2025
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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: 2/20/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.