Why Live in Placitas
Placitas, NM, is a community located at the northern tip of the Sandia Mountains, offering residents stunning views and a rugged landscape. The area is known for its network of dirt and rocky trails that provide panoramic views of the greater Albuquerque area and sightings of wild horses. Placitas has a vibrant arts community, with events often centered around arts and crafts, influenced by the undulating hills. The Placitas Community Library features a circular labyrinth made of rocks, promoting a meditative theme. Homes in Placitas are predominantly upscale adobe styles with Spanish and Pueblo influences, characterized by adobe sidings and flat roofs. These homes are often situated in the hills, surrounded by natural vegetation like small trees, shrubs, and cacti. The Tunnel Spring Trailhead offers hiking opportunities with views and petroglyphs, while the Las Huertas area provides pathways to picnic spots. Dining options include the Placitas Café, known for its huevos rancheros, and Placitas Pizza Co. The Placitas Community Library hosts various art exhibits, and La Hacienda de Placitas is a notable adobe villa featured in the Breaking Bad series. Placitas is about 25 miles from downtown Albuquerque, connected via state road 165 and Interstate 25, providing access to The University of New Mexico Hospital and Albuquerque International Sunport. Schools in the area include Placitas Elementary School, Mountain View Middle School, and Bernalillo High School, all of which are highly rated.
Home Trends in Placitas, NM
On average, homes in Placitas, NM sell after 61 days on the market compared to the national average of 51 days. The median sale price for homes in Placitas, NM over the last 12 months is $758,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$758,000
Median Single Family Sale Price
$766,000
Average Price Per Sq Ft
$285
Number of Homes for Sale
49
Last 12 months Home Sales
126
Median List Price
$820,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
14%