The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Rio Arriba County, New Mexico’s real estate market for May 2024.
May 2024’s data reveals a Median Sale Price of $340,000 for homes in Rio Arriba County. This figure represents a decline of 9.8% month-over-month and a 2.3% year-over-year decrease.
A total of 7 homes were sold in the region, indicating a decrease of 12.5% from last month and a drop of 36.4% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 65 days, 98 days shorter compared to the previous month and shorter by 85 days from last year.
The Market Pulse Score for Rio Arriba County comes in at 99, pointing to a declining trend within the local real estate market.
For more information about the Rio Arriba 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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