Is El Rito, NM 87530 a buyer’s or seller’s market?
El Rito is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list108.2%Sold price ÷ list price
Median days on market169Listing to accepted offer
Median price per sq ft$244▲ +21.1% vs. last year
Run the numbers for 87530
Nearby markets
Abiquiu 87510Buyer’s market $209 /sq ftAlcalde 87511 — /sq ftBlanco 87412Buyer’s market $156 /sq ftCanjilon 87515 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology