Top Small Teams in New Mexico – Ranked By Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    Darlene Streit TeamSotheby’s International Realty, Inc.Santa Fe, NM 113.8
    The Lyons GroupRE/MAX of FarmingtonFarmington, NM 109.0
    Z Real EstateBetter Homes and Gardens Real Estate Steinborn & AssociatesLas Cruces, NM 102.0
    Ricky Allen & Tara Earley GroupSotheby’s International Realty, Inc.Santa Fe, NM 100.4
    The Maupin GroupRE/MAX FirstLos Alamos, NM 97.5
    The Chavez TeamKeller Williams Realty Albuquerque WestsideAlbuquerque, NM 81.0
    The Long GroupColdwell Banker LegacyAlbuquerque, NM 79.0
    Vallejos RealtyKeller Williams Realty Albuquerque WestsideAlbuquerque, NM 76.0
    ABQ Dream Homes by Veronica GonzalesKeller Williams Realty AlbuquerqueAlbuquerque, NM 75.0
    The Shaffer GroupKeller Williams Realty AlbuquerqueAlbuquerque, NM 74.5
    The Maes GroupRE/MAX FirstLos Alamos, NM 66.5
    The Liz McGuire TeamColdwell Banker LegacyCedar Crest, NM 65.2
    The Nelson TeamColdwell Banker Sudderth Nelson, Inc.Alamogordo, NM 64.2
    The Buchman Real Estate GroupReal BrokerCorrales, NM 63.0
    Schuster TeamKeller Williams Realty AlbuquerqueAlbuquerque, NM 62.7
    Greg Lobberegt TeamColdwell Banker LegacyAlbuquerque, NM 60.3

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    2023 New Mexico Housing Market Summary

    New Mexico started 2023 with a total of 3,058 single-family homes on the market, with a median home price of $380,000 and an average price per square foot of $221. By the end of the year, inventory had increased to 3,376 homes on the market (+10%), with a median home price of $390,000 (+2%) and an average price per square foot of $227 (+2%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had remained the same at 77 days.

    New Mexico started the year with 31% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 32% of New Mexico homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that New Mexico started 2023 as a seller’s market, with an MAI score of 40; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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