In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Otero County, New Mexico.
August 2024’s data reveals a Median Sale Price of $274,750 for homes in Otero County. This figure represents a growth of 1.8% month-over-month and a 22.2% year-over-year decrease.
The region reported 68 home sales, marking a reduction of 17.1% from the prior month, and 20.0% decrease year-over-year.
Additionally, the Median Days on Market for listings was observed at 32 days, 8 days longer compared to the previous month and longer by 16 days from last year.
With a Market Pulse Score of 112, the analysis suggests a rising trend in Otero County’s housing market momentum.
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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