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Las Cruces, 88007 Market Trends

Today, January 2, 2010

Las Cruces, 88007 Summary

The median sales price for homes in ZIP code 88007 for Sep 09 to Nov 09 was $77,100. This represents an increase of 0%, or $77,100, compared to the prior quarter and an increase of 0% compared to the prior year. Sales prices have appreciated 146.3% over the last 5 years in 88007, Las Cruces.

The median sales price of $77,100 for 88007 is 1.85% lower than the median sales price for Las Cruces NM. Average listing price for homes on Trulia in ZIP code 88007 was $329,126 for the week ending Dec 23, which represents an increase of 1.7%, or $5,450 compared to the prior week and an increase of 1.5%, or $4,726, compared to the week ending Dec 02. Average price per square foot for homes in 88007 was $89 in the most recent quarter, which is 14.10% higher than the average price per square foot for homes in Las Cruces.

 

Average Listing Price in 88007

Embed Info
1 yr 5 yr Max
88007, Las Cruces average property price
88007, Las Cruces – number of properties
LocationWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
88007$329,126+1.7%$323,676$324,165$324,400
Las Cruces$252,441-1.0%$255,008$249,909$257,385
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Popular Zips in Las Cruces

Zips Week ending
Dec 23
w-o-w Week ending
Dec 16
Week ending
Dec 9
88011 1 — 1 1
88007 2 +1 3 2
88005 3 -1 2 3
88012 4 — 4 4
88001 5 — 5 5
88004 6 +1 7
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Homes for Sale in 88007

6035 Ledesma Drive, Las Cruces NM
6035 Ledes…
$310,000
8 br  4 ba
6661 Vista Hermosa, Las Cruces NM
6661 Vista…
$379,000
4 br  3 ½ ba
2944 Burgers Drive, Las Cruces NM
2944 Burge…
$99,875
3 br  2 ba
1157 Castile Court, Las Cruces NM
1157 Casti…
$278,900
3 br  2 ba
4560 West Picacho Avenue, Las Cruces NM
4560 W Pic…
$1,245,816
 
5855 Shalem Colony Trail, Las Cruces NM
5855 Shalem…
$349,900
3 br  2 ba
View all 88007 Homes for Sale
 
Stats & Trends
88007, Las Cruces

Real Estate Overview

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Las Cruces

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Nearby Cities

Cities
Median
sales price
Average
listing price
Mesilla
$72,000
$379,967
Mesilla Park
$150,000
$341,610
Vado
$45,000
$513,080
La Mesa
$21,400
$271,743
Mesquite
$46,000
$251,000
Radium Springs
$25,000
$336,250
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Advice

Recent Q&A in Las Cruces, NM

Q: Are there any agents in Las Cruces who are strictly "buyers' agents" ??? 4 answers
Q: How much of my past do I have to clean up before we try and get a loan for a home?? 4 answers
Q: Does Trulia publish stats so I can compare the number of "Hits" on Trulia vs. Realtor.com? 4 answers
Q: What's the diversity like in the area? As well as crime? 3 answers
Q: Does anyone know if 690 Windmill is still on the market? 3 answers

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More Advice:
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Nearby Cities Real Estate

  • Mesilla Real Estate
  • Mesilla Park Real Estate
  • Organ Real Estate
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  • San Miguel Real Estate
  • La Mesa Real Estate

Nearby Cities Sold Homes

  • Mesilla Sold Homes
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Nearby Cities Home Prices

  • Mesilla Home Prices
  • Mesilla Park Home Prices
  • Organ Home Prices
  • Vado Home Prices
  • San Miguel Home Prices
  • La Mesa Home Prices

88007 Stats & Trends

  • 88007 Real Estate Overview
  • Las Cruces Schools
  • Las Cruces Community Info
  • Las Cruces Home Prices
  • 88007 Real Estate
  • 88007 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Las Cruces real estate market. Find Las Cruces properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Las Cruces average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Las Cruces housing statistics are available for each Las Cruces, NM neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.