Valencia County Includes the Communities of Los Lunas, Belen, Bosque Farms, Peralta, Jarales, Los Chavez, Rio Communities, Meadow Lake.
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About Valencia County
Valencia County is a place of sharp contrasts. The rich green of the river valley where the 3 main communities-Los Lunas, Belen & Bosque Farms-are situated is fed by a huge system of irrigation acequias. The mesas on either side are the stuff of western movies-the high lonesome. The arid countryside is rich in the grass & wildflowers of the Southwest. It all sits spread out beneath the Manzano Mountains, which turn from the day’s blue to the evening’s violet as you watch.
The people of the county enjoy the best of both worlds-the rural lifestyle that allows for horseback riding & fresh eggs as well as the suburban world that gets you to the airport in 20 minutes & to the symphony in 25. But you don’t have to look far for the wonderful cultural experience, because it’s all right here.
amp;Valencia County Map Overlay Housing Market Trends
Average Price is calculated by dividing the number of homes sold by the total dollar amount of the sales. Average price is not a true measurement of appreciation/depreciation but shows trends.
amp;Valencia County Map Overlay Average Home Prices. Active and Sold
- 281081.96,282921.05,282291.28,282510.28,284690.51,286079.88,281895.10,276341.43,283015.88,284327.24,291671.14,298887.00
- 243162.07,268065.04,241500.97,244426.59,239282.44,239527.41,223576.32,245159.25,253762.65,255073.00,260139.82,268392.54
- 218950.00,219000.00,219000.00,218900.00,217950.00,219000.00,215000.00,212990.00,219997.50,224500.00,229000.00,232995.00
- 199945.00,199900.00,197862.50,199000.00,199900.00,192500.00,187000.00,199900.00,214600.00,209900.00,212000.00,220950.00
Information is deemed to be reliable, but is not guaranteed. © 2017
Median Price is the middle price point of all homes sold. Said another way… half the homes sold for more and half the homes sold for less. A good indicator of housing price trends.
amp;Valencia County Map Overlay Median Home Prices. Active and Sold
- 159900.00,159950.00,165000.00,161450.00,159900.00,164950.00,159900.00,159900.00,159900.00,160000.00,169250.00,169900.00
- 146897.50,130500.00,156500.00,138000.00,141950.00,115000.00,138450.00,132500.00,130993.50,134000.00,141000.00,124500.00
Information is deemed to be reliable, but is not guaranteed. © 2017
Home Inventory helps identify trends in supply and demand in the market. This chart shows Active (for sale) properties vs. Sold properties
amp;Valencia County Map Overlay Home Inventory Supply. Active vs. Sold
- 469,466,469,452,437,398,394,367,367,373,372,359
- 74,75,74,84,54,68,46,52,62,59,67,88
Information is deemed to be reliable, but is not guaranteed. © 2017
Absorption Rate is a measurement of Supply vs. Demand. It is calculated by dividing the number of homes sold in a month by the number of homes on the market. A higher number equates to more supply and a lower number means less supply. A 6 month supply is generally considered a Balanced Market.
amp;Valencia County Map Overlay Absorption Rate. Months Supply of Inventory
- 7.86,7.68,7.67,7.25,6.87,6.33,6.16,5.86,5.75,5.81,5.75,5.57
Information is deemed to be reliable, but is not guaranteed. © 2017
Days on Market is another good indicator of Supply vs. Demand trends. It is number of days a listing is active in MLS before it is Pending. Average days on market is calculated by adding days on market of all listing and dividing by the number of listings.
amp;Valencia County Map Overlay Average Days On Market
- 84.4,85.0,66.9,75.1,74.5,96.2,77.5,120.4,88.1,87.5,66.8,67.7
Information is deemed to be reliable, but is not guaranteed. © 2017
- 84.4,85.0,66.9,75.1,74.5,96.2,77.5,120.4,88.1,87.5,66.8,67.7
Information is deemed to be reliable, but is not guaranteed. © 2017
Listing Price to Sale Price Ratios give us an indication on how much (on average) homes prices are being discounted off the listing prices. This chart shows us both the discount from Original Listing Price to final sale price, and also List Price (at time of contract) to final sale price.
amp;Valencia County Map Overlay Sale Price to Listing Price Discount Ratio %
- 95.0,93.5,94.2,93.2,91.6,90.9,93.1,92.9,87.7,94.2,94.8,93.7
- 97.2,96.9,96.6,96.6,95.7,95.2,95.1,96.8,94.3,95.9,97.4,97.5
Information is deemed to be reliable, but is not guaranteed. © 2017
- 95.0,93.5,94.2,93.2,91.6,90.9,93.1,92.9,87.7,94.2,94.8,93.7
- 97.2,96.9,96.6,96.6,95.7,95.2,95.1,96.8,94.3,95.9,97.4,97.5
Information is deemed to be reliable, but is not guaranteed. © 2017
