MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Lea County, New Mexico.
According to the latest data, Lea County’s Median Sale Price was pegged at $240,000, showing an increase of 23.1% from the preceding month and a rise of 11.6% from the year before.
The area witnessed the sale of 51 home during this period, which is a 7.3% decrease from the preceding month and a decrease of 15.0% compared to the same timeframe last year.
The Median Days on Market was 14 days, down 14 days from the previous month and unchanged from the prior year.
Currently, with a Market Pulse Score of 103, Lea County’s real estate market appears to be experiencing an upturn.
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.
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