Top Medium Teams in New Mexico – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1DAVID ROYBAL & ASSOCIATESKeller Williams Realty AlbuquerqueAlbuquerque, NM 177.8View Profile
2JT & AssociatesKeller Williams Realty Albuquerque WestsideAlbuquerque, NM 145.4View Profile
3Page Sullivan GroupTaos Real EstateTaos, NM 141.0View Profile
4SCHUSTER TEAMKeller Williams Realty AlbuquerqueAlbuquerque, NM 125.0View Profile
5NM Dream HouseKeller Williams Realty Albuquerque WestsideAlbuquerque, NM 100.0View Profile
6THE RUCKER TEAMColdwell Banker LegacyAlbuquerque, NM 94.0View Profile
7FAITHE REAL ESTATEKeller Williams Realty AlbuquerqueAlbuquerque, NM 91.0View Profile
8Vallejos RealtyKeller Williams Realty Albuquerque WestsideAlbuquerque, NM 90.5View Profile
9Jahani Curl TeamColdwell Banker LegacyAlbuquerque, NM 81.0View Profile
10Smith Michelle TeamColdwell Banker LegacyAlbuquerque, NM 80.5View Profile
11THE BUCHMAN GROUPKeller Williams Realty AlbuquerqueAlbuquerque, NM 76.0View Profile

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2022 Market Summary

New Mexico started 2022 with a total of 2,003 single-family homes on the market, with a median home price of $351,090 and an average price per square foot of $201. By the end of the year, inventory had increased to 3,208 homes on the market (+60%), with a median home price of $379,037 (+7%) and an average price per square foot of $221 (+9%).

At the start of 2022, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 77 days.

New Mexico started the year with 21% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 32% of New Mexico homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that New Mexico started 2022 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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