MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Socorro County, New Mexico.
November 2024’s data reveals a Median Sale Price of $166,500 for homes in Socorro County. This figure represents a decline of 19.0% month-over-month and a 14.6% year-over-year increase.
Sales of homes in the region saw 4 homes changing hands. This represents a decline of 50.0% from the month before and up 300.0% compared to the same month last year.
Furthermore, homes in Socorro County were on the market for an average of 117 days before selling, reflecting an increase of 56 days days month-over-month and an increase of 6 days day year-over-year.
With the Market Pulse Score sitting at 91, the trend in Socorro County’s housing market seems to be falling.
For more information about the Socorro 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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