MyMarketPulse (mymarketpulse.com) recently disclosed its March 2024 findings on the housing market conditions in Socorro County, New Mexico.
The report shows that the Median Sale Price in Socorro County reached $230,000 as of March 2024, marking an increase of 31.4% over the previous month and a 26.0% rise compared to a year ago.
Sales of homes in the region saw 5 homes changing hands. This represents an increase of 66.7% from the month before and down 37.5% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 6 days, 64 days shorter compared to the previous month and shorter by 39 days from last year.
With a Market Pulse Score of 105, the analysis suggests a rising trend in Socorro County’s housing market momentum.
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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