Is Fence Lake, NM 87315 a buyer’s or seller’s market?
Fence Lake is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market283Listing to accepted offer
Median price per sq ft$391▲ +72.1% vs. last year
Run the numbers for 87315
Nearby markets
Bluewater 87005 — /sq ftGrants 87020Balanced $134 /sq ftLaguna 87026 $185 /sq ftMilan 87021 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology