New Mexico Real Estate Trends

Posted on Wednesday, February 22nd, 2017 in Life in Cloudcroft, Tips & Advice

Thinking of listing, but not sure where the market in New Mexico is headed? Now might just be the best time!

2016 was a record setting year at 19,933 total real estate sales! That is a 33% increase from 13,302 total sales in 2011. This data was collected by the Realtors Association of New Mexico (RANM) base on sales from 2008 to 2016. The median home price in 2016 was $185,000. Up from $179,900 in 2015Based on this upward trend, now is a good time to list.

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*Information obtained from: REALTORS Association of New Mexico (RANM)

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If you’re thinking of buying or selling and need help, please call Nathan Tompkins 575-323-1089.

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