MyMarketPulse (mymarketpulse.com) has unveiled its analysis for April 2024, focusing on the property market trends in Socorro County, New Mexico.
According to the latest data, Socorro County’s Median Sale Price was pegged at $175,000, showing a decrease of 23.9% from the preceding month and a rise of 8.2% from the year before.
During this period, 10 homes were sold in the area, reflecting an increase 100.0% compared to the month beforeand and an increase of 150.0% from the same month in the previous year.
The median time homes spent on the market was 44 days, which is up 38 days compared to last month and an increase of 34 days over the previous year.
With a Market Pulse Score of 119, the analysis suggests a rising trend in Socorro County’s housing market momentum.
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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