Property Makler
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Dubai, UAE US

   

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Farmington, NM housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $154 $166 $188 $193 6.2% 7.8% 13.3% 2.7%
Active Listing Count 96 137 149 181 -41.1% 42.7% 8.8% 21.5%
Median Days on Market 48 69 70 57 -5.9% 43.8% 1.4% -18.6%
Share of listings with price increase 0.6% 0.1% 0.3% 0.1%
Share of listings with price decrease 8.2% 10.7% 13.4% 14.6%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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