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 2015. Based on this upward trend, now is a good time to list.
*Information obtained from: REALTORS Association of New Mexico (RANM)
If you’re thinking of buying or selling and need help, please call Nathan Tompkins 575-323-1089.