MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Socorro County, New Mexico.
The Median Sale Price for properties in Socorro County was documented at $236,500 for July 2024. This price point is an upward move of 27.8% from the previous month and shows a 9.0% rise from the year before.
Sales of homes in the region saw 8 homes changing hands. This represents an increase of 60.0% from the month before and up 166.7% compared to the same month last year.
The Median Days on Market was 28 days, down 40 days from the previous month and down 2 days from the prior year.
Currently, with a Market Pulse Score of 119, Socorro County’s real estate market appears to be experiencing an upturn.
For more information about the Socorro 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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