Is now a good time to buy land in Bernalillo, New Mexico?
Bernalillo, New Mexico is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 5 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 8 |
Bernalillo, New Mexico is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Bernalillo, New Mexico currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Bernalillo, New Mexico is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Realty One of New Mexico.
Over the past 12 months, Bernalillo, New Mexico saw 8 properties sold. In just the last 3 months, 1 properties changed hands.
Land in Bernalillo, New Mexico typically sells within 106 days of listing. The median time on market is 26 days. Properties are moving at a moderate pace in the current balanced market.
There are currently 2 active listings in Bernalillo, New Mexico. The median asking price is $732K.
The 3-month absorption rate in Bernalillo, New Mexico is 16.7%. The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.