In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Lea County, New Mexico.
The Median Sale Price for properties in Lea County was documented at $249,900 for March 2024. This price point is an upward move of 1.0% from the previous month and shows a 12.4% rise from the year before.
47 homes were sold, an increase 11.9% from the previous month and an increase of 95.8% from the prior year.
Additionally, the Median Days on Market for listings was observed at 20 days, 4 days longer compared to the previous month and shorter by 13 days from last year.
The Market Pulse Score for Lea County comes in at 99, pointing to a declining trend within the local real estate market.
For more information about the Lea 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.
MyMarketPulse – What the Pros Know