MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Otero County, Colorado.
The Median Sale Price for properties in Otero County was documented at $220,000 for May 2024. This price point is an upward move of 100.9% from the previous month and shows a 18.6% rise from the year before.
During this period, 19 homes were sold in the area, reflecting an increase 72.7% compared to the month beforeand and an increase of 26.7% from the same month in the previous year.
The Median Days on Market was 83 days, down 42 days from the previous month and down 5 days from the prior year.
The Market Pulse Score for Otero County comes in at 110, pointing to a rising trend within the local real estate market.
For more information about the Otero County, Colorado 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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