MyMarketPulse (mymarketpulse.com) recently disclosed its December 2024 findings on the housing market conditions in Lea County, New Mexico.
The report shows that the Median Sale Price in Lea County reached $225,000 as of December 2024, marking an increase of 4.7% over the previous month and a 5.3% drop compared to a year ago.
The area witnessed the sale of 52 homes during this period, which is a 20.9% increase from the preceding month and an increase of 18.2% compared to the same timeframe last year.
The median time homes spent on the market was 36 days, which is up 17 days compared to last month and an increase of 14 days over the previous year.
Currently, with a Market Pulse Score of 100, Lea County’s real estate market appears to be experiencing a stable market.
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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