Property prices for sale in Las Cruces (New Mexico)

The prices in real estate in Las Cruces, in the New Mexico region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$234,983.5
Average price last 6 months
$268.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Las Cruces has increased strongly during the last 6 months. In December, the average price per sq.feet was $125. In January this price pretty much remained the same at a value of $122 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 116 %. The price per sq.feet has had a considerable increase of 403 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $133.5 to $538 during April, and May.

Average price

Based upon to the price in Las Cruces (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is $260,803. In January This price remains at $249,955. During the following two months (February, March) the average price fell 95 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $248,944.5 to $207,061.5, which means a 83 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $216,519 they are 15 % more affordable than the average price for Las Cruces. The properties with the highest average price have 1 bedroom, Their price is 58 % more costly than the average. After that we have properties with 4 bedrooms priced at $268,529.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $810 / sq.feet price in Las Cruces. The properties with the highest average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,075 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $216,519 it is 66 % cheaper than the average price in Las Cruces. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $228,692 it is 11 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $87 / sq.feet followed by "Commercial" priced at $101 / sq.feet. "House" is the cheapest type of property with a $699 / sq.feet value followed by "Land" with an average price of $224 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Las Cruces
Number of properties used in region New Mexico
$216,519
$810
6,358
65,764
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Las Cruces, Nm. 3 Bed, 2 Bath
 5
Brand New Home In Las Cruces, Nm. 3 Bed, 2 Bath
$209,500
Las Cruces, New Mexico - For Sale - House - 2,155 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the justin plan by las cruces, and is located in the community of the metro park village at 4674 lotus ave las cruces...
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
 4
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
$162,500
Las Cruces, New Mexico - For Sale - House - 1,210 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the catherine plan by las cruces, and is located in the community of the legends west north. This single family plan home is priced from $162,500...
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
 4
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
$169,900
Las Cruces, New Mexico - For Sale - House - 1,325 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the bailey plan by las cruces, and is located in the community of the legends west north. This single family plan home is priced from $169,900 and has...
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
 5
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
$209,500
Las Cruces, New Mexico - For Sale - House - 2,155 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the justin plan by las cruces, and is located in the community of the legends west north. This single family plan home is priced from $209,500 and has...
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
 4
3 Bed, 2 Bath New Home Plan In Las Cruces, Nm
$183,250
Las Cruces, New Mexico - For Sale - House - 1,634 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the veronica plan by las cruces, and is located in the community of the legends west north. This single family plan home is priced from $183,250...