Is La Plata, NM 87418 a buyer’s or seller’s market?
La Plata is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$195▼ −12.0% vs. last year
Run the numbers for 87418
Nearby markets
Aztec 87410Seller’s market $196 /sq ftBloomfield 87413Seller’s market $177 /sq ftFarmington 87401Seller’s market $183 /sq ftFarmington 87402Seller’s market $201 /sq ft Browse all markets →Local agents
See all agents in 87418 →No sponsored agents in 87418 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 87418
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology