The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Colfax County, New Mexico’s real estate market for May 2024.
The Median Sale Price for properties in Colfax County was documented at $557,000 for May 2024. This price point is an upward move of 139.8% from the previous month and shows a 47.5% rise from the year before.
A total of 14 homes were sold in the region, indicating a decrease of 30.0% from last month and unchanged when compared with a year ago.
Furthermore, homes in Colfax County were on the market for an average of 60 days before selling, reflecting a decrease of 34 days days month-over-month and a decrease of 49 days day year-over-year.
With the Market Pulse Score sitting at 93, the trend in Colfax County’s housing market seems to be falling.
For more information about the Colfax 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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