Top Medium Teams in New Mexico – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1Page Sullivan GroupTaos Real EstateTaos, NM$70,002,333View Profile
2DAVID ROYBAL & ASSOCIATESKeller Williams Realty AlbuquerqueAlbuquerque, NM$62,057,384View Profile
3JT & AssociatesKeller Williams Realty Albuquerque WestsideAlbuquerque, NM$51,909,004View Profile
4SCHUSTER TEAMKeller Williams Realty AlbuquerqueAlbuquerque, NM$51,844,854View Profile
5Smith Michelle TeamColdwell Banker LegacyAlbuquerque, NM$35,691,111View Profile
6THE RUCKER TEAMColdwell Banker LegacyAlbuquerque, NM$35,590,388View Profile
7Vallejos RealtyKeller Williams Realty Albuquerque WestsideAlbuquerque, NM$32,632,866View Profile
8FAITHE REAL ESTATEKeller Williams Realty AlbuquerqueAlbuquerque, NM$30,184,243View Profile
9THE BUCHMAN GROUPKeller Williams Realty AlbuquerqueAlbuquerque, NM$27,338,829View Profile
10JAM Real Estate ExpertsKeller Williams Santa FeSanta Fe, NM$26,385,751View Profile
11NM Dream HouseKeller Williams Realty Albuquerque WestsideAlbuquerque, NM$25,564,256View 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.

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