July 18, 2017 (Santa Fe, NM) – The median price of a New Mexico property continues to rise. June’s $197,000 median is the highest reported since the REALTORS Association of New Mexico (RANM) started keeping state-wide statistics in 2008.
“May set records for number of monthly sales at 2,237. Even though June’s total was 7% less than the May number, it is over 4.5% higher than 2016 June numbers. An increase in sales every month of 2017 over those reported in 2016, means we are on track for another great year,” according to Victoria Murphy, 2017 RANM President. (read more)