Is Reserve, NM 87830 a buyer’s or seller’s market?
Reserve is a seller’s market. With about 1.6 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 supply1.6Under 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 market180Listing to accepted offer
Median price per sq ft$136
Run the numbers for 87830
Nearby markets
Datil 87821Buyer’s market $210 /sq ftGlenwood 88039 — /sq ftLuna 87824Seller’s market $237 /sq ftPie Town 87827Buyer’s market $391 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology