MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Colfax County, New Mexico.

November 2024’s data reveals a Median Sale Price of $163,750 for homes in Colfax County. This figure represents a decline of 5.5% month-over-month and a 24.7% year-over-year decrease.

The area witnessed the sale of 2 homes during this period, which is a 66.7% decrease from the preceding month and a decrease of 50.0% compared to the same timeframe last year.

Furthermore, homes in Colfax County were on the market for an average of 58 days before selling, reflecting a decrease of 63 days days month-over-month and a decrease of 52 days day year-over-year.

The Market Pulse Score for Colfax County comes in at 42, pointing to a declining trend within the local real estate market.

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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) has unveiled its analysis for November 2024, focusing on the property market trends in Colfax County, New Mexico.

As of 11/2024, Colfax County had a Median Sale Price of $163,750, which was down 5.5% from the previous month and down 24.7% from the prior year.

The area witnessed the sale of 2 homes during this period, which is a 66.7% decrease from the preceding month and a decrease of 50.0% compared to the same timeframe last year.

The median time homes spent on the market was 58 days, which is down 63 days compared to last month and a decrease of 52 days over the previous year.

Currently, with a Market Pulse Score of 42, Colfax County’s real estate market appears to be experiencing a downtrend.

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.

MyMarketPulse – What the Pros Know