If you’re in the market for a new home in the Ruidoso, NM area, it’s important to stay up to date on the latest real estate news. That way, you’ll know what to expect and you can make the most informed decision possible

As anyone who’s in the market for a new home knows, making this type of purchase can be a daunting process. There are so many factors to consider, from location and price to size and amenities. In order to make the most informed decision possible, it’s critical to stay up to date on the latest real estate news in Ruidoso, NM. With access to up to date information on housing trends and market conditions, you can narrow down your search parameters and hone in on properties that truly meet your needs and budget. Whether you’re looking for the perfect starter home, or a luxury property that offers all the bells and whistles, staying informed is the best way to find what you’re looking for in Ruidoso.

So here is the latest up-to-date information about the Ruidoso real estate market.

Ruidoso, NM Real Estate News: April 29, 2022

Home prices in Ruidoso are on the rise, but buyers still have plenty of options. Single family homes sold this past week for an average price $424 thousand dollars and they spent 79 days listed before finding their new owner!

The asking rates per square foot also increased slightly to 239.

The number of homes sold in Ruidoso, NM has decreased by 9% since last year.

Among Ruidoso residents, there is a homeowner vacancy rate of 10.0% and a rental vacancy rate of 32.9% from a total of 8,410 units.

The median listing home price in Ruidoso, NM is $349.9K in March 2022. This is an increase of 6.8% from last year.

Thanks to growing demand for real estate in this beautiful mountain town, you can expect to see competition among buyers driving up prices on everything from starter homes to luxury properties.

There are a number of real estate trends to look out for in Ruidoso, including an increased demand for luxury homes and new construction.

The real estate market in Ruidoso is still very much a buyers’ one, however this doesn’t seem to be discouraging new homeowners as sales have increased since our last report. If you’re thinking of making a move to this beautiful area, now might be the time to do so!

Come to the playground of southwest and enjoy all four seasons. Whether you’re into horse racing, hiking or camping – if it’s fun in nature we’ve got your back! You’ll find properties ranging from cozy cabins perfect for those who like getting away from it all as well luxurious homes with amazing views; there really is something here that will fit any need.

If you’re looking to buy or sell real estate in Ruidoso, it’s essential to stay up to date with all the latest real estate news and trends. Whether you’re searching for your first home or upgrading to a bigger property, we can help you find the perfect place. Contact us today to get started!

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.