October 2018 Las Cruces Market Report

This month, sales decreased by 13 homes over last year at this time. The average sales price, though, increased from $188,388 a year ago to $198,583 this month.

The area of Las Cruces which saw the most homes sold is Las Colinas with 25 homes, followed by Sonoma East with 15 homes.

Out of the 176 homes sold this month, 8 of those were luxury homes, which we at Z Real Estate define as homes that sell for over four hundred thousand dollars. We are definitely on the right track to hit 100 luxury homes sold by the end of this year!

The most expensive home this month sold on Vista Primera across from MountainView Regional Medical Center at over $950,000.

Zane and I would like to wish you and your family a happy thanksgiving. We’re so thankful for you watching our market reports. And 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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