February 28, 2024 – MyMarketPulse (mymarketpulse.com) just released its analysis of the January 2024 market data for Otero County, New Mexico.
As of 1/2024, Otero County had a Median Sale Price of $199,000, which was down 18.8% from the previous month and down 5.1% from the prior year.
35 homes were sold, a decrease 36.4% from the previous month and a decrease of 20.5% from the prior year.
The Median Days on Market was 39 days, up 12 days from the previous month and up 7 days from the prior year.
Otero County’s Market Pulse Score currently stands at 84 indicating a falling trend for the market.
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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