July Market Keeps 2017 on Track for Great Year

|, HOUSING TRENDS|July Market Keeps 2017 on Track for Great Year

July Market Keeps 2017 on Track for Great Year

July 2017 median sales price and number of sales reported to the REALTORS Association of New Mexico (RANM) continue to out-pace those numbers reported in 2016.

Victoria Murphy, 2017 RANM President, says “July’s reported median price of $195,000 is just over 4% higher than the median reported for July 2016. (Median price indicates that half the homes sold for more; half for less.) 1,933 sales were reported for July 2017.”

The reported July volume of $489,747,026 reflects a 9% increase from the July 2016 volume due to higher median prices and more sales. (read more)

By |2017-08-29T10:50:47+00:00August 29th, 2017|ANNOUNCEMENTS, HOUSING TRENDS|Comments Off on July Market Keeps 2017 on Track for Great Year

About the Author: