In its April 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Otero County, New Mexico.
According to the latest data, Otero County’s Median Sale Price was pegged at $246,500, showing a decrease of 7.0% from the preceding month and a rise of 6.3% from the year before.
A total of 54 homes were sold in the region, indicating a decrease of 8.5% from last month and a rise of 10.2% when compared with a year ago.
The Median Days on Market was 37 days, up 3 days from the previous month and up 15 days from the prior year.
With the Market Pulse Score sitting at 99, the trend in Otero County’s housing market seems to be falling.
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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