Is now a good time to buy land in Conchas Dam, New Mexico?
Conchas Dam, New Mexico is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Comprehensive market data and analysis• Updated Oct 2026
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
New Mexico does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 2 | 4 | 5 |
Conchas Dam, New Mexico is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Conchas Dam, New Mexico currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Conchas Dam, New Mexico is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is Realty One of New Mexico.
The 3-month absorption rate in Conchas Dam, New Mexico is 33.3%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Conchas Dam, New Mexico saw 2 properties sold. In just the last 3 months, 2 properties changed hands.
Land in Conchas Dam, New Mexico typically sells within 26 days of listing. The median time on market is 26 days. Properties are moving quickly in the current seller's market.
There are currently 2 active listings in Conchas Dam, New Mexico. 1 new listings have hit the market in the last 90 days. The median asking price is $8.7M.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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