Over the last 12 months, 117 homes sold in Las Maravillas (Los Lunas, NM) at a median price of $293,000. Of those closings, 33% sold under asking, 37% at asking and 30% over asking — based on SWMLS MLS closed-sale data through October 11, 2026. Homes went under contract in a median of 24 days in this window. At 2.5 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Las Maravillas (Los Lunas) Market Snapshot — subdivision-level data

MetricValue
Geographic binLas Maravillas (Los Lunas), NM — subdivision/neighborhood level
Data source board(s)SWMLS
Homes sold, last 12 months117
Median sale price, last 12 months$293,000
Median sold $/sqft, last 12 months$196/sqft
Sold under / at / over asking (final list, 12 mo)33% / 37% / 30%
% of final asking price received (median, 12 mo)full ask
Median days on market, sold homes (12 mo)24 days
Homes sold, last 90 days32
Median sale price, last 90 days$296,610
Months of inventory (true absorption)2.5 months
Active listings (inventory)27
Median active list price$306,190
Pending sales23

Sales by Price Band (last 12 months)

Price bandClosed sales
Under $400K116 sales (99%)
$400K–$700K1 sales (1%)
$700K–$1M0 sales (0%)
$1M–$2M0 sales (0%)
Over $2M0 sales (0%)

Frequently Asked Questions

Are homes selling over or under asking price in Las Maravillas, NM?

Over the trailing 12 months in Las Maravillas (Los Lunas) (SWMLS MLS data, closed-sale data), 33% sold under asking, 37% at asking and 30% over asking on final list price, among 117 closed sales. Data through October 11, 2026; New Mexico is a non-disclosure state, so only aggregate closed-sale statistics are published, never individual sale prices.

How fast do homes sell in Las Maravillas, NM?

Homes that closed in Las Maravillas (Los Lunas) over the last 12 months went under contract in a median of 24 days (SWMLS MLS data). At 2.5 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Do sellers get full price in Las Maravillas, NM?

Among 117 homes that closed in Las Maravillas (Los Lunas) over the last 12 months (SWMLS MLS data), 30% sold over asking (while 33% sold under) on final list price. Sellers' median result was the full final asking price.

What price range sells most in Las Maravillas, NM?

Of the 117 homes that closed in Las Maravillas (Los Lunas) over the last 12 months, the Under $400K price band led with 116 sales (99%) of closed sales (SWMLS MLS data, trailing 12 months).

Related Market Reports


Data source & methodology: Closed-sale and active-listing statistics computed from board-direct SWMLS MLS records for Las Maravillas (Los Lunas), New Mexico, subdivision/neighborhood-level geographic bin (SWMLS `mls_area` proxy — flexmls does not yet expose a subdivision field for Albuquerque-metro records), snapshot October 11, 2026. New Mexico is a non-disclosure state: only aggregate sold statistics (medians, counts, ratios, days on market) are published here — never an individual sale price. Statistics below a floor of 20 sold records in the trailing 12-month window, or under 5% of subdivision inventory, are suppressed rather than estimated (this subdivision cleared that floor). This subdivision is on the SWMLS/flexmls (Albuquerque-metro) board, which does not expose an Original List Price field in the data grid, so the headline pricing metric here is the under/at/over-final-asking-price split rather than percent of original asking price. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.