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Town comparisons › Arriba vs Hugo

Arriba vs Hugo

Arriba and Hugo are both in Lincoln County. There are 6 homes for sale in Arriba and 6 in Hugo as this page loaded. Hugo is the more expensive of the two: a median asking price of $181,430 against $130,000 in Arriba, about 40% higher. Homes are moving faster in Hugo — a median of 80 days on market against 112 in Arriba. On months of supply both are a buyer's market right now.

Side by side

MeasureArribaHugo
Homes for sale66
New in last 30 days00
Median asking price$130,000$181,430
Median price per sq ft$50$142
Median size (sq ft)2,2831,393
Median bedrooms23
Median days on market11280
Months of supply18.07.2
Sold, last 12 months410
Median sold price$138,000$194,450
Median days to sell96142
Sold vs asking price96.0%97.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Arriba is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Hugo is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Arriba

6
Homes for sale
$130,000
Median asking price
$50
Median per sq ft
112
Median days on market

Hugo

6
Homes for sale
$181,430
Median asking price
$142
Median per sq ft
80
Median days on market

Look at either town on its own

Questions people ask

Is Arriba or Hugo more expensive?

Hugo is more expensive. The median asking price is $181,430 in Hugo against $130,000 in Arriba. By price per square foot, Arriba runs $50 and Hugo $142.

Which moves faster, Arriba or Hugo?

Homes for sale in Hugo have been on the market a median of 80 days, against 112 days in Arriba. Of the homes that actually closed in the last twelve months, Arriba took a median of 96 days and Hugo 142.

Is Arriba or Hugo the better market for a buyer?

Arriba is a buyer's market and Hugo is a buyer's market, measured on months of supply — 18.0 months in Arriba and 7.2 in Hugo. More months of supply means more choice and more room to negotiate, so on that measure Arriba is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Arriba and Hugo?

There are 6 homes for sale in Arriba and 6 in Hugo as this page loaded, 0 and 0 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.