Home Sales Decline in Socorro Real Estate Market

In this week's report, the number of homes sold in the Socorro market slid to 10 over the past 30 days, a decrease of 16.7% from last week's report. On the other hand, close-by El Paso registered 420 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Socorro, and for this period the median sales price slid from $84,250 to $81,750.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in Socorro:

$185K   $170K   $237K  

Get started right now by checking out Socorro homes for sale or reviewing Socorro real estate trends.

Demographic facts about Socorro:

  • The average elevation is 3,657 feet.
  • The area's median income per household is $29,718.
  • The student-to-counselor ratio is 460:1. (513:1 = national average)

Data reported through 10/12/2016

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