MyMarketPulse (mymarketpulse.com) just released its analysis of the February 2024 market data for Otero County, New Mexico.
The Median Sale Price for properties in Otero County was documented at $266,950 for February 2024. This price point is an upward move of 34.10% from the previous month and shows a 18.90% rise from the year before.
The area witnessed the sale of 62 homes during this period, which is a 77.10% increase from the preceding month and an increase of 14.80% compared to the same timeframe last year.
The Median Days on Market for homes in Otero County stood at 50 days, which is an increase of 11 day days over the previous month and up by 20 days day from the previous year.
The Market Pulse Score for Otero County comes in at 92, pointing to a declining trend within the local real estate market.
For more information about the Otero County, New Mexico market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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