Montezuma housing prices rise, sales slip in 2016

Montezuma housing prices rise, sales slip in 2016

Smaller inventory,
fewer sales
Local real estate sales fell slightly in 2016, but prices increased.

Montezuma housing prices rise, sales slip in 2016

Local real estate sales fell slightly in 2016, but prices increased.
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.

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