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! ?

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