MyMarketPulse (mymarketpulse.com) just released its analysis of the July 2024 market data for Colfax County, New Mexico.
The report shows that the Median Sale Price in Colfax County reached $395,000 as of July 2024, marking a decrease of 18.1% over the previous month and a 39.7% drop compared to a year ago.
The area witnessed the sale of 27 homes during this period, which is a 125.0% increase from the preceding month and an increase of 8.0% compared to the same timeframe last year.
The Median Days on Market for homes in Colfax County stood at 53 days, which is a decrease of 5 days days over the previous month and up by 17 days day from the previous year.
Currently, with a Market Pulse Score of 107, Colfax County’s real estate market appears to be experiencing an upturn.
For more information about the Colfax 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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