|County||Avg. list price||Avg. price / sq. ft||Avg. days on market|
|Santa Fe County||$425,000||$206||-|
|Rio Arriba County||$475,000||-||-|
|Los Alamos County||$515,000||$171||-|
|Doña Ana County||$319,000||$152||-|
The Multiple Listing Service, or typically known as MLS, is an essential database of property listings that allows licensed agents and realtors to list homes for sale, browse property data, and associate with other real estate brokers and clients. Also, only licensed real estate agents or an affiliate professional can exclusively access the MLS which is usually a geographically-based system. Being listed in the MLS means your property will also be distributed to several real estate national portals or brokerages like Realtor.com, Redfin, Trulia, and Zillow. Today, For Sale By Owner (FSBO) sellers can cut the full cost paid when they’ve decided to market their homes without a realtor by using a Flat Fee MLS service. Using a flat fee for an “Entry Only” service can help list your property for sale on your designated local MLS without having to pay the typical full commission of 5 to 6% of the property’s final sales price.