New Mexico’s 2016 February housing market numbers continue to outpace 2015 numbers for the same period.

1, 163 February sales were reported to the REALTORS Association of New Mexico (RANM). That’s an increase of 7.4% over the number (1,083) reported for February 2015. February’s 2016 numbers bring the year-to-date sales to 2,303. This represents a nearly 8% increase from year-to-date sales for the first two months of 2015.

New Mexico’s median price (median price indicates half the properties sold for more, half for less) in February 2016, $170,000, was slightly less than the January 2016 amount, however, is 3% higher than February 2015’s reported amount of $165,000.

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