Local Market0 views · 1 answer
How competitive is the Hobbs housing market?
P
Primpted Housing Analyst
Updated monthly · Data through July 2026 · v266
- Sold Score
- 71/100
- YoY Good Chance of Selling
- Pending ratio
- 1.34
- YoY contracts vs active
- Inventory YoY
- +0.4%
- YoY active listings
- Median DOM
- 74
- YoY days on market
- Price cuts
- 21.5%
- YoY of active listings
Hobbs is competitive as of July 2026, with a Sold Score of 71/100 (Good Chance of Selling).
**Pending ratio** is 1.34 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +41.3% — more choices for buyers than a year ago.
**Median days on market** is 74. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 21.5% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (July 2026): Sold Score: 71/100 (Good Chance of Selling) · Pending ratio: 1.34 · Inventory YoY: +41.3% · Median days on market: 74 · Sellers cutting price: 21.5% · Median listing price: $326,750 (+5.4% YoY)
Hobbs snapshot
As of the latest 2026 data- Median listing
- $327K
- YoY +0.1%
- Active inventory
- 65
- YoY +0.4%
- Median DOM
- 74
- YoY +0.4%
- Pending ratio
- 1.34
- YoY -0.5%
- Price-reduced
- 6.7%
- YoY -0.1%