The latest reports from the NATIONAL ASSOCIATION OF REALTORS (NAR) indicate nationally sales numbers are decreasing slightly and prices are rising. New Mexico seems to be an exception to this trend.
March 2014 found more property sales reported to the REALTORS Association of New Mexico (RANM) than March 2013 but the statewide median price for 2014 was slightly lower than the median reported for March 2013. Median price indicates half the properties sold for more and half for less.