Top Medium Teams in New Mexico – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    7Page Sullivan GroupBerkshire Hathaway HomeServices Taos Real EstateTaos, NM$64,648,792View Profile
    8Vertical Real EstateKeller WilliamsAlbuquerque, NM$62,450,784View Profile
    20ABQ Dream Home By Veronica GonzalesKeller WilliamsAlbuquerque, NM$36,838,159View Profile
    21Faithe Real EstateKeller WilliamsAlbuquerque, NM$34,494,400View Profile
    26Something About Santa Fe RealtorsKeller WilliamsSanta Fe, NM$33,065,007View Profile
    27The Shaffer GroupKeller WilliamsAlbuquerque, NM$32,669,458View Profile
    28The Rucker TeamColdwell Banker LegacyAlbuquerque, NM$32,398,600View Profile
    30NM Home DealsKeller WilliamsAlbuquerque, NM$31,022,370View Profile
    31Schuster TeamKeller WilliamsSandia Park, NM$30,475,655View Profile
    37Smith Michelle TeamColdwell Banker LegacyAlbuquerque, NM$25,671,563View Profile

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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.

    Real Estate News

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    Side files preliminary injunction against Alexander brothers in wake of arrests 

    Dec 17, 2024By

    Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners, that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on.

    Housing Market News

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    New apartment construction hasn’t lowered rents in many areas 

    Dec 17, 2024By

    Redfin reported a 18-month high in asking rent prices for new construction apartments. Can low-income workers keep up in 2025?

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    Agent News

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    Another sexual assault suit is being filed against broker Oren Alexander 

    Dec 12, 2024By

    An unnamed Jane Doe is seeking compensatory and punitive damages in relation to an alleged “planned brutal rape” in Miami in 2016.