Las Cruces Real Estate | Market Stats: August 29 - September 5
Hope everyone enjoyed a relaxing Labor Day Weekend! There is a good balance of both red and green on this week's Market Summary. There was a slight drop in new listings as well as pending sales. Making up for that, there was an increase in homes sold as well as the average sales price of homes sold. Another important stat to note is the average time to contract increased. This is not necessarily a positive thing for seller’s, because this means homes are not selling as quickly as they could be.
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