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Mar 01, 2020 Slim home inventory sparks Las Cruces bidding warsPublished 1 March 2020 An acute shortage of homes for sale in the Las Cruces-area is frustrating home shoppers in all price ranges, according to a Feb. 24 report from the Las Cruces Association of Realtors. As a result, many buyers are choosing to offer the asking price or more in order to prevail over
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Published 26 January 2020 It was in 2007 that the combined median sales price for new and existing free-standing, single-family Las Cruces-area homes reached its all-time high of $191,145. Then came the mortgage meltdown and recession from which some real estate markets have yet to recover. It took more than a decade, until 2019 to
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Published 12 January 2020 According to a Jan. 6 report from the Las Cruces Association of Realtors, 2019 was the second-best production year on record for Las Cruces-area home sales. Local Realtors sold a total of 2,154 new and existing homes, townhomes and condominiums during 2019, surpassing the 2,136 homes sold in 2005, which was
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Published 25 November 2019 Most people are aware that the spring and summer months are considered the “high season” for real estate sales. In most areas of the country, sales begin trending upward in April and May and remain brisk well into the summer months. The scenario isn’t much different here in Las Cruces. Warm
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Nov 09, 2019 Las Cruces home-sales record smashed
Published 9 November 2019 According to a Nov. 5 report from the Las Cruces Association of Realtors, the 224 sales of new and existing homes, townhomes and condominiums booked in October set an all-time record for homes sold during that month. The previous record for October sales took place in 2017, when 180 properties changed
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Published 19 October 2019 There are several indicators that point to whether a real estate market favors buyers or sellers. One of the easiest to measure is the month’s supply of homes for sale. The number clarifies how many months it would take to burn through the current supply of properties at the current sales
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