September sales statistics reported to the REALTORS® Association of New Mexico (RANM) reflect a seasonal drop in numbers from August, however, September numbers are 7 to 8.5% higher than numbers reported in 2013 and 2014.
“1,632 sales were reported for September 2015,” according to Baro Shalizi, 2015 RANM President. “This total is 8.5% higher than the 2014 number reported – 1,504 sales And there’s more good news for sellers, the median September price of $186,000 is 4.5% higher than the 2014 September median of $178,000” Median price indicates half the properties sold for more, half for less.