$249K  
The number of sellers reducing prices in the Socorro market trended up to 16 over the last 30 days, extending a three-week streak. During the same period, 21 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While price reduction numbers rose, sale prices climbed as well. This week's reported median sales price of $133,000 continued an eight-week upswing. With decreasing sales and the availability of eight months of inventory, Socorro is a definite buyer's market.
Comments:

$105K  
The Socorro market looked active in this week's report, as the number of home sales rose 13.0%, pushing the total to 26 homes sold over the last 30 days. In comparison, nearby El Paso had 525 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Socorro, with the median for this period rising from $119,500 to $124,475.
Comments:

$109K  
The Socorro market slowed with a 4.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (14.2) with 22 homes sold. Within the same time frame, El Paso had 481 sales, the most of all cities in the area. Pricing in Socorro remains consistent from last week to this week, with the median sales price at $119,500 again. With decreasing sales and the availability of seven months of inventory, Socorro is a strong buyer's market.
Comments:

$360K  
Sales have fallen to 18 homes sold over the last 30 days in the Socorro market. Sellers can also expect more competition, due to a six-week upward trend in homes coming into the market, now up to 116 for the same period. While new seller numbers were strong, the median sales price of homes sold came in at $118,750, which extended a price upswing to four weeks. Socorro is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

Socorro is a city in Texas. It's much less affluent than average and the cost of living is average compared to the rest of the state, with a median income of $29,718 per household and cost of living adjustment score of 80.4. Homes in Socorro are of moderate age with a median age of 21 years. Topping the list of best schools in the city is Keys Elementary School.
Comments:

$239K  
In this week's report, the number of homes sold in the Socorro market dropped to 15 over the past 30 days, a decrease of 6.2% from last week's report, but still above the monthly average. Within the same time frame, El Paso had 419 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Socorro, and for this period the median sales price slid from $123,500 to $119,500. Socorro is a strong buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$249K  
The Socorro market has established a recent upward trend, even as sales fell 5.9% this week to 16 homes over the last 30 days. The median sales price of all transactions in Socorro did not budge this week, remaining at $123,500. Socorro is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$112K  
Over the last 30 days, a confirmed upward trend of new sellers coming into the Socorro market continued, with 23 listings in this week's report. Meanwhile, sales have fallen, with 17 homes selling during the same period. New listings numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. A months of inventory number of three reported this week continued a four-week downward trend, even with the strong number of new listings in the area. Despite the slip in sales from last week to this week, the low inventory indicates that Socorro is still a seller's market.
Comments:

$150K  
The Socorro market looked healthy in this week's report, as the number of home sales climbed 12.5%, pushing the total to 18 homes sold over the last 30 days. To put it in perspective, close-by El Paso registered 423 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $122,750 over the latest reporting period for Socorro, down from $123,500. With only three months of inventory and rising sales, Socorro is a seller's market.
Comments:

$199K  
Socorro is a larger than average city in Texas with 32,013 residents. Also, it has seen an 18.7% increase in population over the last 10 years. Socorro is an area where most people own their homes, with an ownership ratio of 73.0%. Topping the list of best schools in the city is Keys Elementary School.
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