MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Otero County, New Mexico.

For March 2024, the data showcases a Median Sale Price of $268,550 in Otero County, a rise of 0.6% from the last month and an increase 22.5% from the same period the previous year.

During this period, 58 homes were sold in the area, reflecting a decrease 9.4% compared to the month beforeand and a decrease of 19.4% from the same month in the previous year.

The median time homes spent on the market was 33 days, which is down 17 days compared to last month and an increase of 5 days over the previous year.

Currently, with a Market Pulse Score of 99, Otero County’s real estate market appears to be experiencing a downtrend.

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.

MyMarketPulse – What the Pros Know

The March 2024 real estate analysis for Otero County, New Mexico, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.

The report shows that the Median Sale Price in Otero County reached $268,550 as of March 2024, marking an increase of 0.6% over the previous month and a 22.5% rise compared to a year ago.

The region reported 58 home sales, marking a reduction of 9.4% from the prior month, and 19.4% decrease year-over-year.

Additionally, the Median Days on Market for listings was observed at 33 days, 17 days shorter compared to the previous month and longer by 5 days from last year.

Currently, with a Market Pulse Score of 99, Otero County’s real estate market appears to be experiencing a downtrend.

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.

MyMarketPulse – What the Pros Know