Sunland Park's real estate market is currently hot with low inventory and high demand. Home prices have increased 17.7% in the past month alone. With 2.7 months of supply, Sunland Park's inventory levels remain relatively tight. Transaction volume is up 63% compared to what's typically expected this time of year. Only 8.6% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 7.7% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Sunland Park market with the affordability index at 115.4. Based on current market indicators, home prices in Sunland Park are projected to decrease by approximately 7.2% over the next month.
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