January 2019 | Las Cruces Real Estate Market Report
January continues to build on what was a super strong 2018 market. The number of homes sold is actually down from 138 a year ago to 136 this month. However, the average sales price is up this month to $198,713 compared to January 2018 when it was $192,524.
The area of Las Cruces which saw the most homes sold is Las Colinas with 18 homes followed by Sonoma West as a very close second with 17 homes. The most expensive home this month sold on Butterfield Ridge in Picacho Hills for $648,000.
Remember, real estate is local, neighborhood by neighborhood and 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.