March Market Statistics 2020
Posted by NMWelcomeHome Team Associates (505) 886-1432 on Thursday, April 16th, 2020 at 7:30am
Click here to download the complete March 2020 Local Market Snapshot reports, presented by zip code and MLS area.
Highlights (the highlights are a comparison between March 2019 and March 2020)
- the median detached home price rose 11.5 percent to $238,000
- the average detached home price rose 10.6 percent to $275,186
- overall inventory of detached homes for sale decreased 32.3 percent to 1,626
- the number of closed sales for detached homes increased 0.7 percent to 989
- the number of detached homes going under contract went down 7.1 percent to 1,130
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