In its June 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Otero County, Colorado.
The report shows that the Median Sale Price in Otero County reached $162,000 as of June 2024, marking a decrease of 26.4% over the previous month and a 11.7% rise compared to a year ago.
Sales of homes in the region saw 15 homes changing hands. This represents a decline of 21.1% from the month before and down 11.8% compared to the same month last year.
Furthermore, homes in Otero County were on the market for an average of 65 days before selling, reflecting a decrease of 18 days days month-over-month and an increase of 23 days day year-over-year.
The Market Pulse Score for Otero County is presently at 102, signaling an upward trajectory in the market’s activity.
For more information about the Otero County, Colorado 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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