Montezuma housing prices rise, sales slip in 2016

News

Montezuma housing prices rise, sales slip in 2016

Smaller inventory, fewer sales
Local real estate sales fell slightly in 2016, and prices increased, according to the Four Corners Board of Realtors.

Montezuma housing prices rise, sales slip in 2016

Local real estate sales fell slightly in 2016, and prices increased, according to the Four Corners Board of Realtors.
Commercial sales

About 23 commercial buildings were sold in 2016, at an average price of $285,691, which is about 33 percent lower than 2015 prices.
Sales of multifamily residences went up by about 29 percent.
Sales of farm and ranch properties went down by one listing, but the average sale price went up by 41 percent.

click here to add your event
Area Events