Why Live in Placitas
Placitas, nestled at the northern tip of the Sandia Mountains, offers residents stunning views and a network of dirt and rocky trails leading to panoramic vistas of the greater Albuquerque area. The rugged terrain contributes to the area's appeal, providing privacy and unique scenery, including sightings of wild horses. The community has a vibrant arts culture, with events and exhibits at the Placitas Community Library, which features a meditative rock labyrinth. Homes in Placitas often showcase Spanish and Pueblo influences, with adobe sidings and flat roofs, situated on lots with natural vegetation like cacti and small trees. The average home price is higher than in some surrounding areas, reflecting the desirable location and views. Outdoor enthusiasts can explore the Tunnel Spring Trailhead and the Las Huertas area, which offer hiking trails, petroglyphs, and picnic spots. Dining options include the Placitas Café for breakfast and the Placitas Pizza Co. for lunch, both located in an adobe-style strip mall. The community is connected to downtown Albuquerque, 25 miles away, 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, Mountain View Middle School, and Bernalillo High School, with Mountain View Middle receiving high ratings. Local attractions include the Placitas Community Library and La Hacienda de Placitas, known from the Breaking Bad series.
Home Trends in Placitas, NM
On average, homes in Placitas, NM sell after 61 days on the market compared to the national average of 50 days. The median sale price for homes in Placitas, NM over the last 12 months is $750,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$750,000
Median Single Family Sale Price
$771,000
Average Price Per Sq Ft
$285
Number of Homes for Sale
52
Last 12 months Home Sales
130
Median List Price
$820,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%