July 2025 HOUSING MARKET STATS |
July Housing Market Snapshot: Steady Prices, Strong Demand Across New Mexico
Santa Fe, NM — New Mexico’s housing market showed steady growth in July 2025, with 1,902 closed sales across the state — an increase from both June’s 1,810 transactions and July 2024’s 1,793. The median sales price held strong at $357,053, nearly identical to July 2024’s $357,000 and slightly higher than June’s $355,000. These figures indicate a stable market with consistent buyer demand, even amid seasonal shifts, reflecting ongoing resilience in New Mexico’s real estate sector. |
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July 2025 |
June 2025 |
July 2024 |
Number of Sales |
1,902 |
1,810 |
1793 |
Median Sold Price |
$357,053 |
$355,000 |
$357,000 |
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NOTE: Statistical information and trends are based on information furnished by New Mexico Member Boards and MLSs to the NATIONAL ASSOCIATION OF REALTORS®. Current reporting participants are: Enchanted Circle Association of REALTORS®, Greater Albuquerque Association of REALTORS® – Southwest MLS, Las Cruces Association of REALTORS® Multiple Listing and Information Services, Inc., Otero County Association of REALTORS®, New Mexico Association of REALTORS®–NM MLS, Roswell Association of REALTORS®, Santa Fe Association of REALTORS® MLS, San Juan County Board of REALTORS® MLS, Ruidoso/Lincoln County Board of REALTORS®, Silver City Regional Association of REALTORS®. Reports represent single family residential data only. Information does not necessarily represent all activity in any market/county. Figures based on reports run 08/14/2025. Visit www.nmrealtor.com (housing trends) for county statistics. |
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