February 2018 Las Cruces Market Report

This month, sales increased by 20 homes this year over this time last year. There were a few less homes sold this month compared to last month. The average sales price increased pretty significantly from $174,790 a year ago to $197,351, this month. The area of Las Cruces which saw the most homes sold is Las Colinas with 14 homes, followed by a tie in 4 Hills and Sonoma West with 11 homes each. The most expensive home this month sold on Monte Bello Drive in Sonoma West for $740,000. Remember, real estate is local, neighborhood by neighborhood, price range by price range. If you are considering selling, let us analyze your home specifically. And if you are looking to buy, every real estate market has opportunity in it you just have to know where to find it.

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