Real Estate Gazette

Las Cruces NM Home Sales Statistics

Las Cruces NM Home Sales Statistics

The Las Cruces Real Estate market has remained resilient in the first 6 months of 2011.  The area’s economy remains stronger than many other areas of the country but Las Cruces and Dona Ana County are far from being immune to the recession.  The first six months of 2010 witnessed 682 home sales.  Over that same time frame in 2011, the Las Cruces Real Estate market produced 559 home sales, a drop in sold homes by 18%.  Average price of homes sold has also declined.  A year ago the average sales price in Las Cruces was $192,612.  For the same time period in 2011 the average sales price is $186,859, down 3% showing values have not dropped significantly when looking at the market as a whole.

 There is a large disparity between the average sold price and the average active price which is currently $259,550. This disparity can be attributed to the lack of high end homes being sold but also a lack of effective pricing by many home sellers.  The average days on the market for homes sold are roughly 126 days.  The average active home has been on the market 158 days.  Some things in real estate never change; pricing homes correctly improves the chances of any particular home selling. 

Sales of real estate can vary by price range or neighborhood so for any true indication of a specific market, a professional home analysis is in order. While the overall market may be performing a certain way, there are definitely sectors that are outperforming the rest of the market.  One of the best ways to determine a certain part of the market can be local absorption reports.  For those reports CLICK HERE. Connie and Zane would be happy to look at your home and provide an in-depth analysis for you.

Forbes Magazine ranks Las Cruces No. 14 on its "Best Small Places for Business and Careers" list!

Las Cruces is once again in the national spotlight with another listing by Forbes.com! Las Cruces ranked # 14 in the category “Best Small Places for Business and Careers.”

The ranking results from statistics indicating high job growth levels, low unemployment rates, and projected annual growth. Also factored in is employment in high tech fields of almost 10%. (Employers such as White Sands Missile Range and White Sands Test Facility are major contributors to the number of federal government employees living in the city.)

The presence of New Mexico State University contributes to a placing of #43 in the Education category, and no doubt contributes to the fact that almost 27% of residents have college attainment.

Historically agriculture has provided a steady economic base in contrast to the high tech industries that are rapidly expanding in the area. Las Cruces boasts exceptionally good weather and the fertile Mesilla valley as assets in agriculture, but the climate also contributes to residents’ enjoyment.

Forbes ranked the cost of living in Las Cruces at 10.7% less than the national average. Combined with low unemployment rates, high job growth expectations, great quality of education, and a beautiful natural setting, Las Cruces offers exceptional opportunities for a high quality of life.

Home for sale in Mesilla Park with lots of Potential!

Very large home in Mesilla Park for sale.  This home has character! 3739 Sq. Ft. 4 Bedrooms 3 Bathrooms  Large lot, Great Location.  Must take a look at : http://www.lascrucesnmproperties.com/Mesilla/New_Mexico/Homes/Mesilla_Park/Agent/Listing_20619819.html

To see all of the Listings in Mesilla and Las Cruces go to www.LascrucesNMProperties.com

 

New Construction Home in Mesa Grande Estates, Las Cruces NM

Jones Construction Company just closed on another great home in Mesa Grande Estates, Las Cruces NM.  This fantastic costom home has all the bells and whistles from outdoor kitchen to built in fish tank.  Jones construction is currently also building right across the street which will soon become Jones Construction's Model Home. 

This particular floorplan is called the Levi.  To see the home and the possibilities to build with one of Las Cruces' Best builders go to:

LeviFloorPlan.LasCrucesNMProperties.com

Connie Hettinga & Zane Fikany

Steinborn & Associates - Mesilla

PO Box 27

Mesilla, New Mexico  88046

cell 575-640-7279    cell 575-640-4374

ofc 575-523-2850   fax  575-523-2852

 

connie@LasCrucesNMProperties.com

zane@LasCrucesNMProperties.com

www.LasCrucesNMProperties.com  

Las Cruces NM Condos

Looking for a home with lots of amenities and no maintenance? A smaller place for a home base while traveling? A vacation home? A starter home?

Maybe a condo is for you!

Let us show you the best condos in Las Cruces and Mesilla!

We will help you debate the pros and cons of condo facilities in town.

The right property is out there for you. We’d love to help you with your search.

The Pros and Cons of Condos

Condominiums offer an affordable option to single-family homes. Consider these facts before you buy.

1. Storage. The majority of space in a condo is planned for living, not storage.

2. Outdoor space. If you hate yard work, a condo may be the perfect option for you! Private yards and outdoor areas are usually smaller for condos, so if you like to garden or entertain outdoors, this may not be the best fit.

3. Amenities. Many condo properties have swimming pools, fitness centers, and other facilities that would be very expensive in a single-family home.

4. Maintenance. Condos may have onsite maintenance personnel to care for common areas.

5. Security. Many condos have keyed entries and/or gate codes for entry into the property. Plus, you’ll be closer to other people in case of an emergency.

6. Reserve funds and association fees. Fees help pay for amenities and provide savings for future repairs.

7. Resale. The ease of selling your unit is influenced by what else is for sale in your building, since units are usually fairly similar. Single-family homes may be more unique.

8. Freedom. Covenants, restrictions, and bylaws of the condo can affect you and your neighbors’ ability to use the property. Although you will have a vote, the rules of the condo association may not always suit you. For example, some condos prohibit home-based businesses. Others prohibit pets. Read these documents carefully before you make an offer.

9. Proximity. You’re much closer to your neighbors in a condo. If possible, try to meet your closest prospective neighbors before making a decision since you will be seeing them often.

10. Carbon footprint. If you are interested in reducing your energy consumption, natural resources use, and space used while owning your own property, a condo may be the answer for you.

Authors Connie Hettinga and Zane Fikany have a passion for selling great Real Estate in Las Cruces and Mesilla, NM. Visit www.LasCrucesNMProperties.com or the best Newsletter and Blog at www.RealEstateGazetteLC.com to learn more about them, their services, and real estate information.

They would be happy to hear from you!

Zane Fikany 575.640.4374

Zane@LasCrucesNMProperties.com

Connie Hettinga 575.640.7279

Connie@LasCrucesNMProperties.com

Steinborn & Associates Real Estate 575.523.2850

Las Cruces NM Real Estate Wish List

Currently over 1200 homes are available for sale in the Las Cruces Real Estate Market.  That can be a little overwhelming when you search for your home in Las Cruces, New Mexico.  Over the years we have formulated some questions to help you target homes by your needs and desires.  This provides us with a starting point because we have yet to see any buyer who wanted to view all 1200 homes!

Your Property Wish List

While your opinions on the type of home you want to own may change during the home buying process, use this easy checklist to help you prioritize and make the shopping process less time-consuming.

􀂃 How close do you need to be to: (a) public transportation ________ (b) schools _________ (c) airport _________ (d) expressway __________ (e) neighborhood shopping __________ (f) other_______?

􀂃 What neighborhoods would you prefer?

􀂃 Do you want to be near certain school systems?

􀂃 What architectural style(s) of homes do you prefer?

􀂃 Do you want a one-story or two-story house?

􀂃 How old a home would you consider?

􀂃 How much repair or renovation would you be willing to do?

􀂃 Do you have special requirements that your home must meet?

􀂃 Do you require a fenced yard or other amenities for your pets?

Prioritize each of these as:	Must have	Would prefer
Yard (at least_________)
Garage (size________)
Patio/Deck
Pool
Bedrooms (number_________)
Bathrooms (number_________)
Family room
Formal living room
Formal dining room
Eat-in kitchen
Laundry room
Fireplace
Spa in bath
Air conditioning
Wall-to-wall carpet
Tile  floors
View
Light (windows)
Shade

 The home buying process can be a tall task but Connie and Zane specialize in making it easy and stress free.  If you would like the above property wish list sent to you in a usable format just shoot us an e-mail.

 

As always a great source of Las Cruces homes for sale and local real estate information is www.LasCrucesNMProperties.com .  Please do not hesitate to give us a call to talk real estate!

Zane Fikany 575.640.4374

Zane@LasCrucesNMProperties.com

 

Connie Hettinga 575.640.7279

Connie@LasCrucesNMProperties.com

 

Your Home on HGTV’s Website “FrontDoor.com”? Absolutely!

 

You deserve the best exposure when listing your home so that you may get the most money in the least amount of time. It only makes sense that your home should be found on HGTV’s FrontDoor.com. 

FrontDoor.com provides a gateway to the HGTV community of highly desirable home enthusiasts.  FrontDoor.com gets 20.5 Million Monthly Unique Real Estate and lifestyle visitors, 416 Monthly Page views, and 7.5 Million HGTV viewers and users per month who plan to buy real estate in the next 12 months.

Connie and Zane continue to explore every avenue to ensure the best results for every single listing.  This attention to detail and our relentless marketing efforts resonate with their promise to provide the very best real estate services.  FrontDoor.com is just one more tool in a marketing arsenal not seen anywhere else.  When you are ready to sell your home in Las Cruces or around the world, give Zane and Connie a call and get the Old Fashioned Service that every home owner deserves.

For information on Las Cruces Real Estate and acess to Las Cruces and Mesilla Valley MLS: www.LasCrucesNMProperties.com

Leading Real Estate Companies of the World Dominate "Real Trends 500 List"

On the heels of Steinborn & Associates Real Estate’s announcement that it is now a member of the Leading Real Estate Companies of the World network came the "Real Trends 500 List" which shows the dominance of LRECW compared to other independents and franchises.  Even in a challenging housing market, LeadingRE members still had over 130,000 more closed transactions than the closest national franchise brand, according to “REAL Trends’ Top 500” report on last year’s sales. Members had almost 30% of the total transactions and included six of the top 10 companies. In 88 of the top markets, members were #1 in either units or volume in 40% of those cities.

 

Zane and Connie have been asked, "How are you going to compete without being a franchise?"  Well, from our perspective Steinborn and Associates already controls 40% of the market locally and now we are associated with the most dominant real estate company around the world  according to Real Trends. The dominant real estate company is not Remax or Coldwell Banker and definitely not Exit.  The dominant real estate company is Leading RE.  The marriage of the strongest local brand and the strongest international brand will only enhance our customer service. Check out the rankings in the Real Trends 500 List!

 

www.LasCrucesNMProperties.com for all of your real estate needs.

 

Want Las Cruces NM and Mesilla Real Estate Information?

Real Estate Gazette Soon to be Mailed!

For all of you in the internet world that doesn’t know www.RealEstateGazettLC.com originally came from our Newsletter that is mailed out to approximately 2,000 people.  These are our friends, our family, our clients and our future clients.  As the popularity of our Newsletter increased and the lack of quality information for the public became overwhelming obvious we decided we must have a venue in which we could provide more information and do it in a format that allowed us to get information out immediately.  Now we have created a new group of followers online that we could have never reached otherwise.  So if you are not currently getting our Newsletter mailed to you or you would like to make sure your friends and family are getting the newsletter please drop us a line.  The Newsletter has become one of the strongest marketing materials for our clients.  After every Newsletter our clients get valuable exposure to their home and we are able to provide a little information on Las Cruces Real Estate.  We cannot wait to continue adding valuable information to anyone that finds information the key. 

To look at all of Las Cruces and Mesilla MLS Listings please go to www.LasCrucesNMProperties.com

Lance Armstrong Riding in the Tour of the Gila

One of the greatest things about living in Las Cruces is the great mountains New Mexico features so near by.  The trip to Ruidoso or Cloudcroft allows Las Cruces residents to get away to trees and cool weather.  Las Cruces is also a quick trip to Silvercity and the Gila Wilderness.  Lance Armstrong is finding out first hand about the area as he competes in the "Tour of the Gila".  The 7 consecutive Tour de France winner has competed in this race before so he knows about the high elevation and difficult course.  What a great oppurtunity for Southern New Mexico to host one of Americas most dominate athletes.

Follow the race here!