Is now a good time to buy land in Veguita, New Mexico?
Veguita, New Mexico is currently a strong buyer's market with 59.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
59.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | 3 | 8 | 12 |
| 2-5 acres | 1 | 1 | 3 | 5 |
| 5-10 acres | - | - | 1 | 4 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 14 | 24 |
Veguita, New Mexico is currently a strong buyer's market with 59.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Veguita, New Mexico currently has 59.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in Veguita, New Mexico is 1.7% (3-month basis), indicating slow demand. The top-performing broker in this market is MORE Realty, Inc.
There are currently 79 active listings in Veguita, New Mexico. 11 new listings have hit the market in the last 90 days. The median asking price is $10K.
Land in Veguita, New Mexico typically sells within 204 days of listing. The median time on market is 121 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Veguita, New Mexico is 1.7%. The 12-month rate is 2.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Veguita, New Mexico saw 24 properties sold. In just the last 3 months, 4 properties changed hands.
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.