Las Cruces Real Estate Market Analysis
For The First Quarter 2012
The Evelyn Bruder Las Cruces Real Estate Dream Team is extremely happy to report that Single Family Home Sales have increased significantly versus this same period last year.
This has been the best First Quarter for home sales since 2008.
The number of Las Cruces homes sold each of the 3- months of this 1st Quarter of 2012 is up an average of 10% versus the same month in 2011. Not only are number of sales up versus 2011, but the number of homes sold has steadily increased each month during this 1st Q. February’s home sales were up 29% over the number sold in January, and the trend continued with March’s home sales up another 22% over February.
These Statistics give us every reason to believe that the Las Cruces Real Estate Market may be well on its way to recovery.
These statistics for Las Cruces Homes Sold are even more impressive when we consider that we have not yet entered our Spring Selling Season. The Spring Months of April, May, and June are the peak months for Las Cruces Home Sales.
We are not alone in our optimism…
An extensive article on Forbes.com on March 27th lead with the headline: "This Spring Could Be The Best Home-Buying Season In Years"
And USATODAY.com on April 1st quoted a number of Economists, Realtors, and Wall Street Analysts as saying that they have ”Great Expectations for the housing market's spring season."
HOME BUYERS: Need to be aware that the current “Buyer’s Market” presents them with a great opportunity to buy a home while there are still a lot of homes available at very affordable low prices. Now is the right time to buy a Las Cruces Home. This buyer's market may not last past this Spring’s Buying Season. With increased demand, the Market will be much more competitive.
HOME OWNERS / HOME SELLERS: Anyone that is even thinking about selling a home in Las Cruces needs to know that: NOW!!! IS THE TIME TO SELL The rise in Demand expected during this Spring Buying Season, should result in Higher Home Values for Sellers.
For those with homes already listed for sale, and for those that want to sell their home this spring, you can use this link for 2 additional videos and accompanying Articles.
If you want to know more about selling your home visit our dedicated Seller’s Website: http://www.SellingAHomeInLasCruces.com
Follow us on Twitter and Facebook!
Steinborn & Associates Real Estate (575) 522-3698