Is Las Cruces, NM 88012 a buyer’s or seller’s market?
Las Cruces is a seller’s market. With about 3.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$189▼ −1.3% vs. last year
Run the numbers for 88012
Nearby markets
Anthony 88021Seller’s market $184 /sq ftGarfield 87936 — /sq ftHatch 87937 — /sq ftLa Mesa 88044Balanced $187 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology