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Las Cruces, 88012 Market Trends

Today, January 4, 2010

Las Cruces, 88012 Summary

The median sales price for homes in ZIP code 88012 for Sep 09 to Nov 09 was $74,500. This represents a decline of 9.1%, or $7,500, compared to the prior quarter and an increase of 18.7% compared to the prior year. Sales prices have appreciated 86.3% over the last 5 years in 88012, Las Cruces.

The median sales price of $74,500 for 88012 is 5.16% lower than the median sales price for Las Cruces NM. Average listing price for homes on Trulia in ZIP code 88012 was $200,073 for the week ending Dec 23, which represents a decline of 0.1%, or $208 compared to the prior week and an increase of 0.8%, or $1,543, compared to the week ending Dec 02. Average price per square foot for homes in 88012 was $59 in the most recent quarter, which is 24.36% lower than the average price per square foot for homes in Las Cruces.

 

Average Listing Price in 88012

Embed Info
1 yr 5 yr Max
88012, Las Cruces average property price
88012, Las Cruces – number of properties
LocationWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
88012$200,073-0.1%$200,281$199,380$198,530
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 88012

3940 Crystal Place, Las Cruces NM
3940 Cryst…
$166,900
3 br  2 ba
1219 Gunsight Peak Drive, Las Cruces NM
1219 Gunsi…
$179,900
3 br  2 ba
2106 Pine Needle Way, Las Cruces NM
2106 Pine…
$128,000
3 br  2 ba
2166 Foxtail Pine Drive, Las Cruces NM
2166 Foxta…
$155,000
3 br  2 ba
4899 Galina Drive, Las Cruces NM
4899 Galina…
$389,000
5 br  4 ba
4169 Calle De Luna, Las Cruces NM
4169 Calle…
$159,900
3 br  2 ba
View all 88012 Homes for Sale
 
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88012, Las Cruces

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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: sonoma ranch&picacho is gorgeous any homes for under $195000 1 answer
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

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Nearby Cities Real Estate

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

Nearby Cities Sold Homes

  • Mesilla Sold Homes
  • Mesilla Park Sold Homes
  • Organ Sold Homes
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  • La Mesa Sold Homes

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

88012 Stats & Trends

  • 88012 Real Estate Overview
  • Las Cruces Schools
  • Las Cruces Community Info
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  • 88012 Real Estate
  • 88012 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.