Over the last 12 months, 70 homes sold in South of I-40 (Tijeras, NM) at a median price of $397,500. Of those closings, 51% sold under asking, 36% at asking and 13% over asking — based on SWMLS MLS closed-sale data through October 11, 2026. Homes went under contract in a median of 26 days in this window. At 2.0 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

South of I-40 (Tijeras) Market Snapshot — subdivision-level data

MetricValue
Geographic binSouth of I-40 (Tijeras), NM — subdivision/neighborhood level
Data source board(s)SWMLS
Homes sold, last 12 months70
Median sale price, last 12 months$397,500
Median sold $/sqft, last 12 months$227/sqft
Sold under / at / over asking (final list, 12 mo)51% / 36% / 13%
% of final asking price received (median, 12 mo)99.4%
Median days on market, sold homes (12 mo)26 days
Homes sold, last 90 days26
Median sale price, last 90 days$329,000
Months of inventory (true absorption)2.0 months
Active listings (inventory)17
Median active list price$574,900
Pending sales10

Sales by Price Band (last 12 months)

Price bandClosed sales
Under $400K35 sales (50%)
$400K–$700K26 sales (37%)
$700K–$1M9 sales (13%)
$1M–$2M0 sales (0%)
Over $2M0 sales (0%)

Frequently Asked Questions

Are homes selling over or under asking price in South of I-40, NM?

Over the trailing 12 months in South of I-40 (Tijeras) (SWMLS MLS data, closed-sale data), 51% sold under asking, 36% at asking and 13% over asking on final list price, among 70 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 South of I-40, NM?

Homes that closed in South of I-40 (Tijeras) over the last 12 months went under contract in a median of 26 days (SWMLS MLS data). At 2.0 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Do sellers get full price in South of I-40, NM?

Among 70 homes that closed in South of I-40 (Tijeras) over the last 12 months (SWMLS MLS data), 13% sold over asking (while 51% sold under) on final list price. Sellers' median result was 99.4% of final asking price.

What price range sells most in South of I-40, NM?

Of the 70 homes that closed in South of I-40 (Tijeras) over the last 12 months, the Under $400K price band led with 35 sales (50%) 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 South of I-40 (Tijeras), 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.