In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Lea County, New Mexico.
According to the latest data, Lea County’s Median Sale Price was pegged at $228,000, showing a decrease of 14.8% from the preceding month and a rise of 7.5% from the year before.
Sales of homes in the region saw 59 homes changing hands. This represents an increase of 28.3% from the month before and up 11.3% compared to the same month last year.
The Median Days on Market for homes in Lea County stood at 18 days, which is a decrease of 3 days days over the previous month and down by 2 days day from the previous year.
With the Market Pulse Score sitting at 106, the trend in Lea County’s housing market seems to be rising.
For more information about the Lea 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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