MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Otero County, New Mexico.
For November 2024, the data showcases a Median Sale Price of $265,000 in Otero County, a rise of 6.0% from the last month and an increase 15.2% from the same period the previous year.
The region reported 63 home sales, marking a reduction of 19.2% from the prior month, and 3.1% decrease year-over-year.
Furthermore, homes in Otero County were on the market for an average of 35 days before selling, reflecting a decrease of 8 days days month-over-month and an increase of 11 day day year-over-year.
Otero County’s Market Pulse Score currently stands at 107 indicating a rising trend for the 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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