MyMarketPulse (mymarketpulse.com) recently disclosed its February 2024 findings on the housing market conditions in Socorro County, New Mexico.
The Median Sale Price for properties in Socorro County was documented at $175,000 for February 2024. This price point is a downward move of 32.40% from the previous month and shows a 15.90% rise from the year before.
During this period, 3 homes were sold in the area, reflecting a decrease 57.10% compared to the month beforeand and a decrease of 66.70% from the same month in the previous year.
The median time homes spent on the market was 70 days, which is up 48 days compared to last month and an increase of 24 days over the previous year.
The Market Pulse Score for Socorro County is presently at 101, signaling an upward trajectory in the market’s activity.
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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