Las Cruces Real Estate | Market Stats: February 22 - March 1
While we do usually see a lot of homes close at the end of the month, last week was intense! Homes coming on the market are continuing to be sold quickly and very close to their original listing price.
This week the Las Cruces Real Estate Market took a little bit of a dip. New listings were down 25% to only 45 homes, pending sales were down 13.5% to only 58 homes, and active listings were down 7.1% to only 185 homes. Despite these decreases, the amount of homes sold for the week increased substantially by 144.9% to 71 homes! On average, sellers are still receiving over 98% of the original list price, which is great to see. The average amount of days to contract is running a little longer at 39 days and the average sale price is hovering around $249,000.
Reach out to us today to get your home on the market and take advantage of the Las Cruces market!