MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Otero County, New Mexico.
As of 5/2024, Otero County had a Median Sale Price of $240,000, which was down 1.6% from the previous month and unchanged from the prior year.
During this period, 83 homes were sold in the area, reflecting an increase 50.9% compared to the month beforeand and an increase of 6.4% from the same month in the previous year.
The Median Days on Market for homes in Otero County stood at 32 days, which is a decrease of 5 days days over the previous month and up by 11 day day from the previous year.
The Market Pulse Score for Otero County comes in at 107, pointing to a rising trend within the local real estate market.
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.
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