Hobbs Mortgage Rates
30 Year Fixed Rate mortgages in Hobbs averaged
6.38%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.15% and
one month ago for the week of 2022-05-19, the
average rate was 5.62%.
Hobbs's average rate one year ago was 3.21%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.14%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Hobbs 30 Year Fixed Rate | 2022-06-23 | 6.38% |
Hobbs 30 Year Fixed Rate Refi | 2022-06-23 | 6.14% |
Hobbs 15 Year Fixed Rate | 2022-06-23 | 5.7% |
Hobbs 15 Year Fixed Rate Refi | 2022-06-23 | 5.15% |
Hobbs 30 Year FHA | 2022-06-23 | 0.3% |
Hobbs 30 Year FHA Refi | 2022-06-23 | 0.15% |
Hobbs 30 Year USDA | 2022-06-23 | 0.11% |
Hobbs 30 Year USDA Refi | 2022-06-23 | -0.31% |
Hobbs 30 Year VA | 2022-06-23 | 0.68% |
Hobbs 30 Year VA Refi | 2022-06-23 | -0.2% |
Hobbs Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Hobbs, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Hobbs, NM's 76 lenders originated 1,423
loans during 2021. The total origination value was $265,335,000, with an average loan value of
$186,462.
The top Hobbs lender as defined by loan originations is QUICKEN LOANS, LLC, with
71 loans originated. Their average total fees are
$5,379, which is $2,371
higher than the next largest lender,
Paramount Residential Mortgage Group, Inc..
The lowest fee Hobbs lenders (with over 10 loans originated) are
Paramount Residential Mortgage Group, Inc. ($3,008), Wells Fargo Bank ($3,867), Neighborhood Loans, Inc. ($4,136), LOANDEPOT.COM, LLC ($4,291) and QUICKEN LOANS, LLC ($5,379).
The lowest rate Hobbs lenders (with over 10 loans originated) are
Paramount Residential Mortgage Group, Inc. (3.11%), LOANDEPOT.COM, LLC (3.11%), QUICKEN LOANS, LLC (3.12%), GENEVA FINANCIAL, LLC (3.19%) and Wells Fargo Bank (3.25%).
Hobbs, NM Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
Paramount Residential Mortgage Group, Inc. | $14,070,000 | $37,475,000 | 166.3% | 14.1% |
QUICKEN LOANS, LLC | $25,245,000 | $36,055,000 | 42.8% | 13.6% |
Neighborhood Loans, Inc. | $24,810,000 | $22,875,000 | -7.8% | 8.6% |
GENEVA FINANCIAL, LLC | $12,375,000 | $16,405,000 | 32.6% | 6.2% |
FREEDOM MORTGAGE CORPORATION | $9,530,000 | $11,615,000 | 21.9% | 4.4% |
CROSSCOUNTRY MORTGAGE, LLC | $1,515,000 | $10,890,000 | 618.8% | 4.1% |
SOUTHWEST FUNDING, LP | $9,150,000 | $9,290,000 | 1.5% | 3.5% |
LOANDEPOT.COM, LLC | $4,915,000 | $8,030,000 | 63.4% | 3.0% |
21ST MORTGAGE CORPORATION | $8,740,000 | $7,220,000 | -17.4% | 2.7% |
NEWREZ LLC | $2,195,000 | $6,840,000 | 211.6% | 2.6% |
First American Bank | $8,800,000 | $6,675,000 | -24.1% | 2.5% |
Mr. Cooper ( Nationstar Mortgage ) | $5,870,000 | $6,000,000 | 2.2% | 2.3% |
Wells Fargo Bank | $5,580,000 | $5,075,000 | -9.1% | 1.9% |
ACADEMY MORTGAGE CORPORATION | $1,080,000 | $3,600,000 | 233.3% | 1.4% |
PENNYMAC LOAN SERVICES, LLC | $2,135,000 | $3,390,000 | 58.8% | 1.3% |
UNION HOME MORTGAGE CORP. | $450,000 | $3,285,000 | 630.0% | 1.2% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $7,235,000 | $3,125,000 | -56.8% | 1.2% |
LAKEVIEW LOAN SERVICING, LLC | $1,355,000 | $2,865,000 | 111.4% | 1.1% |
Mortgage Research Center, LLC | $3,855,000 | $2,610,000 | -32.3% | 1.0% |
Western Commerce Bank | $2,440,000 | $2,360,000 | -3.3% | 0.9% |
VILLAGE CAPITAL & INVESTMENT LLC | $900,000 | $2,265,000 | 151.7% | 0.9% |
Carrington Mortgage Services, LLC | $5,535,000 | $1,995,000 | -64.0% | 0.8% |
AMERISAVE MORTGAGE CORPORATION | $2,210,000 | $1,875,000 | -15.2% | 0.7% |
Waterstone Mortgage Corporation | $1,375,000 | $1,870,000 | 36.0% | 0.7% |
First National Bank Texas | $115,000 | $1,825,000 | 1,487.0% | 0.7% |
NAVY FEDERAL CREDIT UNION | $1,065,000 | $1,755,000 | 64.8% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $6,470,000 | $1,660,000 | -74.3% | 0.6% |
CHERRY CREEK MORTGAGE, LLC | $3,595,000 | $1,520,000 | -57.7% | 0.6% |
MICHIGAN MUTUAL, INC. | $730,000 | $1,420,000 | 94.5% | 0.5% |
JPMorgan Chase Bank | $505,000 | $1,340,000 | 165.3% | 0.5% |
BROKER SOLUTIONS, INC. | $2,665,000 | $1,320,000 | -50.5% | 0.5% |
OCEANSIDE MORTGAGE COMPANY | $465,000 | $1,320,000 | 183.9% | 0.5% |
AMCAP MORTGAGE, LTD. | $145,000 | $1,295,000 | 793.1% | 0.5% |
Community National Bank | $1,205,000 | n/a | 0.5% | |
MYCUMORTGAGE, LLC | $530,000 | $1,120,000 | 111.3% | 0.4% |
USAA Federal Savings Bank | $2,330,000 | $1,075,000 | -53.9% | 0.4% |
GUARANTEED RATE, INC. | $270,000 | $1,020,000 | 277.8% | 0.4% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $465,000 | $1,000,000 | 115.1% | 0.4% |
CALIBER HOME LOANS, INC. | $1,255,000 | $980,000 | -21.9% | 0.4% |
NEW DAY FINANCIAL, LLC | $950,000 | $885,000 | -6.8% | 0.3% |
BETTER MORTGAGE CORPORATION | $810,000 | $860,000 | 6.2% | 0.3% |
U.S. Bank | $850,000 | n/a | 0.3% | |
First Guaranty Mortgage Corporation | $665,000 | $840,000 | 26.3% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $410,000 | $795,000 | 93.9% | 0.3% |
The Federal Savings Bank | $1,240,000 | $760,000 | -38.7% | 0.3% |
Barrington Bank & Trust Company, N.A. | $730,000 | $755,000 | 3.4% | 0.3% |
GUILD MORTGAGE COMPANY | $395,000 | $675,000 | 70.9% | 0.3% |
First Bank & Trust | $230,000 | $640,000 | 178.3% | 0.2% |
PLANET HOME LENDING, LLC | $3,395,000 | $630,000 | -81.4% | 0.2% |
Washington Federal Bank | $190,000 | $630,000 | 231.6% | 0.2% |
CMG MORTGAGE, INC. | $2,365,000 | $615,000 | -74.0% | 0.2% |
SOUTHWEST STAGE FUNDING, LLC | $1,215,000 | $580,000 | -52.3% | 0.2% |
BOKF | $865,000 | $575,000 | -33.5% | 0.2% |
COUNTRYPLACE MORTGAGE, LTD. | $575,000 | n/a | 0.2% | |
Wyndham Capital Mortgage, Inc. | $565,000 | n/a | 0.2% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,680,000 | $550,000 | -67.3% | 0.2% |
Commerce Home Mortgage, Inc. | $250,000 | $545,000 | 118.0% | 0.2% |
Sunflower Bank | $125,000 | $545,000 | 336.0% | 0.2% |
AMERICAN FINANCIAL NETWORK, INC. | $205,000 | $520,000 | 153.7% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $285,000 | $520,000 | 82.5% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $785,000 | $515,000 | -34.4% | 0.2% |
Ally Bank | $95,000 | $505,000 | 431.6% | 0.2% |
Loan Simple, Inc. | $495,000 | n/a | 0.2% | |
PNC Bank | $480,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $395,000 | $480,000 | 21.5% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $3,425,000 | $475,000 | -86.1% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $470,000 | n/a | 0.2% | |
Bank of England | $350,000 | $465,000 | 32.9% | 0.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $470,000 | $460,000 | -2.1% | 0.2% |
First Financial Bank | $460,000 | n/a | 0.2% | |
Flagstar Bank, FSB | $185,000 | $430,000 | 132.4% | 0.2% |
Manufacturers and Traders Trust Company | $405,000 | n/a | 0.2% | |
TEXAS TECH | $870,000 | $390,000 | -55.2% | 0.1% |
MORTGAGE ACCESS CORP. | $265,000 | $360,000 | 35.8% | 0.1% |
Low VA Rates, LLC | $445,000 | $355,000 | -20.2% | 0.1% |
HOME POINT FINANCIAL CORPORATION | $6,185,000 | $350,000 | -94.3% | 0.1% |
b1BANK | $345,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $440,000 | $335,000 | -23.9% | 0.1% |
CORNERSTONE HOME LENDING, INC. | $325,000 | n/a | 0.1% | |
Prosperity Home Mortgage, LLC | $325,000 | n/a | 0.1% | |
TIAA, FSB | $165,000 | $325,000 | 97.0% | 0.1% |
AmeriHome Mortgage Company, LLC | $320,000 | n/a | 0.1% | |
BNC National Bank | $295,000 | n/a | 0.1% | |
Colonial Savings, F.A. | $1,810,000 | $295,000 | -83.7% | 0.1% |
GUARANTEED RATE AFFINITY, LLC | $245,000 | $295,000 | 20.4% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $155,000 | $295,000 | 90.3% | 0.1% |
AMERICAN FINANCING CORPORATION | $285,000 | n/a | 0.1% | |
Axos Bank | $285,000 | n/a | 0.1% | |
LIMA ONE CAPITAL, LLC | $515,000 | $285,000 | -44.7% | 0.1% |
RANLIFE, INC. | $275,000 | n/a | 0.1% | |
CLEARPATH LENDING | $860,000 | $255,000 | -70.3% | 0.1% |
NP, Inc. | $205,000 | $255,000 | 24.4% | 0.1% |
Pioneer Bank | $1,760,000 | $255,000 | -85.5% | 0.1% |
KeyBank | $245,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $455,000 | $240,000 | -47.3% | 0.1% |
Nations Lending Corporation | $230,000 | $240,000 | 4.3% | 0.1% |
SCHLUMBERGER EMPLOYEES CREDIT UNION | $225,000 | n/a | 0.1% | |
InterContinental Capital Group, Inc | $215,000 | n/a | 0.1% | |
PLAZA HOME MORTGAGE, INC. | $215,000 | n/a | 0.1% | |
Strong Home Mortgage, LLC | $215,000 | n/a | 0.1% | |
First Federal Bank | $195,000 | $205,000 | 5.1% | 0.1% |
Happy State Bank | $105,000 | $195,000 | 85.7% | 0.1% |
Renasant Bank | $195,000 | n/a | 0.1% | |
SANDIA AREA | $195,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $330,000 | $190,000 | -42.4% | 0.1% |
Equity Prime Mortgage LLC | $175,000 | n/a | 0.1% | |
IMPAC MORTGAGE CORP. | $175,000 | n/a | 0.1% | |
RESIDENTIAL BANCORP. | $175,000 | n/a | 0.1% | |
SOVEREIGN LENDING GROUP INCORPORATED | $175,000 | n/a | 0.1% | |
Bank of America | $470,000 | $165,000 | -64.9% | 0.1% |
MOVEMENT MORTGAGE, LLC | $165,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $255,000 | $165,000 | -35.3% | 0.1% |
Truist Bank | $165,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $330,000 | $160,000 | -51.5% | 0.1% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $155,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $145,000 | n/a | 0.1% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $145,000 | n/a | 0.1% | |
Access Community Credit Union | $125,000 | n/a | 0.0% | |
MID AMERICA MORTGAGE, INC. | $485,000 | $125,000 | -74.2% | 0.0% |
UNIFY FINANCIAL Credit Union | $125,000 | n/a | 0.0% | |
ARC HOME LLC | $115,000 | n/a | 0.0% | |
Discover Bank | $35,000 | $115,000 | 228.6% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $125,000 | $115,000 | -8.0% | 0.0% |
MOUNTAIN AMERICA | $105,000 | n/a | 0.0% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $65,000 | $95,000 | 46.2% | 0.0% |
FIRST COMMUNITY MORTGAGE, INC. | $75,000 | n/a | 0.0% | |
LOANPAL, LLC | $145,000 | $75,000 | -48.3% | 0.0% |
Southwest Bank | $215,000 | $75,000 | -65.1% | 0.0% |
Home Loan Investment Bank, F.S.B. | $25,000 | $55,000 | 120.0% | 0.0% |
Hobbs's top lender by overall market share is Paramount Residential Mortgage Group, Inc., with 14.1% market share. In second place, with 13.6%, is QUICKEN LOANS, LLC, having originated $36,055,000 in loans. In third place, with 8.6%, is Neighborhood Loans, Inc., having originated $22,875,000 in loans. In third place, with 6.2%, is GENEVA FINANCIAL, LLC, having originated $16,405,000 in loans. In third place, with 4.4%, is FREEDOM MORTGAGE CORPORATION, having originated $11,615,000 in loans.
Hobbs, NM Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 776 | $153,790,000 | $198,183 |
Refi | 480 | $88,610,000 | $184,604 |
Cash Out Refi | 144 | $21,070,000 | $146,319 |
Home Improvement | 13 | $755,000 | $58,077 |
Other | 10 | $1,110,000 | $111,000 |
Hobbs's most frequently cited loan purpose was Home Purchase, with 776 originations. The 2nd most popular reason was Refi, with 480 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 537 | $104,015,000 | $193,696 |
3-4% | 518 | $99,280,000 | $191,660 |
<2.5% | 204 | $40,310,000 | $197,598 |
4-5% | 38 | $6,400,000 | $168,421 |
Over 8% | 31 | $3,285,000 | $105,968 |
5-6% | 30 | $3,380,000 | $112,667 |
6-7% | 25 | $2,865,000 | $114,600 |
7-8% | 22 | $2,220,000 | $100,909 |
During 2021, Hobbs's most frequently originated rate bucket was 2.5-3%, with 537 originations.
Loan Sizing (Hobbs, NM MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 683 | $102,625,000 | $150,256 |
$200k-400k | 515 | $135,735,000 | $263,563 |
$100,000 or less | 197 | $13,375,000 | $67,893 |
$400k-600k | 27 | $12,395,000 | $459,074 |
$Over $1MM | 1 | $1,205,000 | $1,205,000 |
Hobbs's loan sizing saw the bucket of loans from $100k-200k with 683 originations, totaling $102,625,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 914 | $185,000,000 | $202,407 |
60-80% | 257 | $41,565,000 | $161,732 |
40-60% | 79 | $10,005,000 | $126,646 |
20-40% | 27 | $2,235,000 | $82,778 |
Over 100% | 21 | $5,395,000 | $256,905 |
Under 20% | 21 | $185,000 | $8,810 |
Hobbs's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 914 originations, totaling $185,000,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Hobbs (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $167,450 (-6.7%) | $191,769 (-2.3%) | 0.00 | 224 |
2018-02-01 | $163,500 (-7.8%) | $190,534 (-0.8%) | 0.00 | 220 |
2018-03-01 | $163,000 (-4.1%) | $194,457 (1.9%) | 0.00 | 193 |
2018-04-01 | $167,450 (-4.3%) | $196,831 (1.6%) | 0.00 | 168 |
2018-05-01 | $179,450 (2.5%) | $207,618 (5.7%) | 0.00 | 160 |
2018-06-01 | $179,500 (5.6%) | $213,480 (8.4%) | 0.00 | 154 |
2018-07-01 | $175,750 (-0.4%) | $217,703 (5.9%) | 0.00 | 136 |
2018-08-01 | $181,750 (1.0%) | $215,533 (3.7%) | 0.00 | 139 |
2018-09-01 | $176,000 (-1.1%) | $210,239 (1.4%) | 0.00 | 133 |
2018-10-01 | $177,250 (0.0%) | $208,030 (2.6%) | 0.00 | 123 |
2018-11-01 | $183,500 (3.7%) | $216,164 (7.2%) | 0.00 | 123 |
2018-12-01 | $190,000 (7.0%) | $225,408 (13.0%) | 0.00 | 106 |
2019-01-01 | $197,000 (17.7%) | $239,044 (24.7%) | 0.00 | 83 |
2019-02-01 | $194,250 (18.8%) | $236,086 (23.9%) | 0.00 | 87 |
2019-03-01 | $198,714 (21.9%) | $239,504 (23.2%) | 0.00 | 77 |
2019-04-01 | $198,964 (18.8%) | $235,882 (19.8%) | 0.00 | 81 |
2019-05-01 | $188,950 (5.3%) | $230,641 (11.1%) | 0.00 | 89 |
2019-06-01 | $190,000 (5.9%) | $226,551 (6.1%) | 0.00 | 101 |
2019-07-01 | $178,000 (1.3%) | $215,205 (-1.2%) | 0.00 | 116 |
2019-08-01 | $176,669 (-2.8%) | $212,180 (-1.6%) | 0.00 | 114 |
2019-09-01 | $174,709 (-0.7%) | $214,646 (2.1%) | 0.00 | 108 |
2019-10-01 | $183,210 (3.4%) | $229,558 (10.4%) | 0.00 | 119 |
2019-11-01 | $185,000 (0.8%) | $231,544 (7.1%) | 0.00 | 137 |
2019-12-01 | $185,500 (-2.4%) | $228,390 (1.3%) | 0.00 | 127 |
2020-01-01 | $183,920 (-6.6%) | $230,479 (-3.6%) | 0.00 | 112 |
2020-02-01 | $188,000 (-3.2%) | $224,236 (-5.0%) | 0.00 | 117 |
2020-03-01 | $198,950 (0.1%) | $236,188 (-1.4%) | 0.00 | 106 |
2020-04-01 | $207,500 (4.3%) | $234,497 (-0.6%) | 0.00 | 122 |
2020-05-01 | $195,000 (3.2%) | $233,607 (1.3%) | 0.00 | 123 |
2020-06-01 | $185,500 (-2.4%) | $224,358 (-1.0%) | 0.00 | 121 |
2020-07-01 | $192,750 (8.3%) | $228,742 (6.3%) | 0.00 | 109 |
2020-08-01 | $199,900 (13.2%) | $237,450 (11.9%) | 0.00 | 103 |
2020-09-01 | $202,750 (16.1%) | $226,499 (5.5%) | 0.00 | 117 |
2020-10-01 | $189,900 (3.7%) | $229,106 (-0.2%) | 0.00 | 114 |
2020-11-01 | $185,500 (0.3%) | $227,837 (-1.6%) | 0.00 | 123 |
2020-12-01 | $185,250 (-0.1%) | $226,825 (-0.7%) | 0.00 | 138 |
2021-01-01 | $185,500 (0.9%) | $231,349 (0.4%) | 0.00 | 140 |
2021-02-01 | $194,406 (3.4%) | $234,512 (4.6%) | 0.00 | 151 |
2021-03-01 | $201,106 (1.1%) | $233,076 (-1.3%) | 0.00 | 141 |
2021-04-01 | $199,900 (-3.7%) | $236,273 (0.8%) | 0.00 | 128 |
2021-05-01 | $195,500 (0.3%) | $228,666 (-2.1%) | 0.00 | 130 |
2021-06-01 | $197,250 (6.3%) | $236,274 (5.3%) | 0.00 | 150 |
2021-07-01 | $195,000 (1.2%) | $228,026 (-0.3%) | 0.00 | 151 |
2021-08-01 | $192,000 (-4.0%) | $229,260 (-3.5%) | 0.00 | 155 |
2021-09-01 | $190,950 (-5.8%) | $230,181 (1.6%) | 0.00 | 146 |
2021-10-01 | $189,900 (0.0%) | $221,500 (-3.3%) | 0.00 | 148 |
2021-11-01 | $189,700 (2.3%) | $229,063 (0.5%) | 0.00 | 148 |
2021-12-01 | $189,750 (2.4%) | $230,170 (1.5%) | 0.00 | 136 |
2022-01-01 | $196,000 (5.7%) | $242,357 (4.8%) | 0.00 | 122 |
2022-02-01 | $208,656 (7.3%) | $259,813 (10.8%) | 0.00 | 120 |
2022-03-01 | $222,500 (10.6%) | $267,630 (14.8%) | 0.00 | 109 |
2022-04-01 | $215,000 (7.6%) | $265,433 (12.3%) | 0.00 | 103 |
2022-05-01 | $200,906 (2.8%) | $256,867 (12.3%) | 0.00 | 94 |
Hobbs's median listing price comes in at 0% of the national average.
Hobbs's average listing price for 2022-05-01 was $256,867, a difference of $28,201 (12.3%) versus the prior year and $-8,566 versus the prior month.
For the 2022-05-01 period, Hobbs had 94 MLS listings, a difference of -9 listings (-9%) versus the prior month and -36 listings (-28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hobbs (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,664 sqft |
2018-02-01 | 0 days | 1,641 sqft |
2018-03-01 | 0 days | 1,641 sqft |
2018-04-01 | 0 days | 1,623 sqft |
2018-05-01 | 0 days | 1,694 sqft |
2018-06-01 | 0 days | 1,718 sqft |
2018-07-01 | 0 days | 1,705 sqft |
2018-08-01 | 0 days | 1,804 sqft |
2018-09-01 | 0 days | 1,866 sqft |
2018-10-01 | 0 days | 1,885 sqft |
2018-11-01 | 0 days | 1,903 sqft |
2018-12-01 | 0 days | 1,905 sqft |
2019-01-01 | 0 days | 1,922 sqft |
2019-02-01 | 0 days | 1,878 sqft |
2019-03-01 | 0 days | 1,869 sqft |
2019-04-01 | 0 days | 1,884 sqft |
2019-05-01 | 0 days | 1,866 sqft |
2019-06-01 | 0 days | 1,892 sqft |
2019-07-01 | 0 days | 1,623 sqft |
2019-08-01 | 0 days | 1,695 sqft |
2019-09-01 | 0 days | 1,720 sqft |
2019-10-01 | 0 days | 1,866 sqft |
2019-11-01 | 0 days | 1,802 sqft |
2019-12-01 | 0 days | 1,801 sqft |
2020-01-01 | 0 days | 1,731 sqft |
2020-02-01 | 0 days | 1,802 sqft |
2020-03-01 | 0 days | 1,853 sqft |
2020-04-01 | 0 days | 1,880 sqft |
2020-05-01 | 0 days | 1,754 sqft |
2020-06-01 | 0 days | 1,683 sqft |
2020-07-01 | 0 days | 1,833 sqft |
2020-08-01 | 0 days | 1,892 sqft |
2020-09-01 | 0 days | 1,850 sqft |
2020-10-01 | 0 days | 1,901 sqft |
2020-11-01 | 0 days | 1,778 sqft |
2020-12-01 | 0 days | 1,806 sqft |
2021-01-01 | 0 days | 1,830 sqft |
2021-02-01 | 0 days | 1,838 sqft |
2021-03-01 | 0 days | 1,865 sqft |
2021-04-01 | 0 days | 1,859 sqft |
2021-05-01 | 0 days | 1,812 sqft |
2021-06-01 | 0 days | 1,818 sqft |
2021-07-01 | 0 days | 1,815 sqft |
2021-08-01 | 0 days | 1,864 sqft |
2021-09-01 | 0 days | 1,804 sqft |
2021-10-01 | 0 days | 1,800 sqft |
2021-11-01 | 0 days | 1,780 sqft |
2021-12-01 | 0 days | 1,732 sqft |
2022-01-01 | 0 days | 1,818 sqft |
2022-02-01 | 0 days | 1,823 sqft |
2022-03-01 | 0 days | 1,865 sqft |
2022-04-01 | 0 days | 1,834 sqft |
2022-05-01 | 0 days | 1,801 sqft |
Hobbs's median square footage for active listings during the 2022-05-01 period was 1,801 sqft. One year prior, the average listing was 1,812 sqft.