Tag Archives: Luna County

A look at real estate sales in the past 8 months in Luna County NM

The numbers are a little different.  Part of that is good and part is not so good.  This is based on all residential sales in the county…in town, in the county, site built and manufactured.  It’s just a snapshot.  The prices ranged from $9,000 to $308,000.  It’s just something to take a look at.

Jan 1 thru Aug 31    Sold     $ Volume          Average Price     Median Price      DOM

2013                          87        $8,496,359        $97,659              $95,000            246

2014                         101       $9,091,725        $90,017              $78,000            200

What does this tell us?  I have no idea.  The good news is that more folks are buying house this year that they were this time last year.  If the increase is sales keeps up, the rest will work itself out.

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Ok…this looks good.

I just ran MLS sold stats from the first quarter of 2013 compared to the first quarter of 2012. And I think you’ll like it too!

Residential Sales Jan 1 – Mar 31. 2013. 28 sales closed for a total value of $3,178,184 with and average price of $113,507 and a median price of $112,500. Average days on the market – 205.

Residential sales from Jan 1 – Mar 31, 2012.  22 sales closed for a total value of $1,890,600 with an average price of $85,936 and a median price of $79,000. 183 average days on the market.

There is certainly room for improvement, but at we’re doing better than we were! Thank God! Let’s just hope it keeps improving!

There are still plenty of houses listed so give us a call! We’ll be happy to help you find the perfect house for you!

Sold stats Deming, NM Jan 2013

The sold stats from the local MLS seem to be in line with the state…we sold more residential properties in January, 2013 than in January, 2012 but for a little less money.  In January, 2013 there were 11 residential properties sold for a Total Price of $1,224,884 with an Average Price of $111,353, a Median Price of $110,000 and 219 Average Days On The Market.

In 2012 there were 6 residential properties sold for a Total Price of $801,000 with an Average Price of $133,500, a Median Price of $136,750 and 155 Average Days On The Market.

There are currently 229 residential properties listed for sale in the Deming/Luna County area.  The inventory is out there!  It’s time to buy!  Get qualified at your lender of choice and come see us!!!

July Sold Stats from Deming and Luna County

The following numbers are taken from sales reported to the Deming-Luna County MLS.

In July 2012 there were 6 residential properties sold for a total price of $565,400. The Average Price was $94,233 and the Median Price was $101,500 with an average Days On The Market of 260.

In July 2011 there were 8 residential properties sold for a total price of $524,150.  The Average Price was $65,519 and the Median Price was $$73,950 with an average Days On The Market of 158.

From Jan. 1 til July 31, 2012 there were 55 residential properties sold for a total price of $5,032,035.  The Average Price was $91,492 and the Median Price was $81,035 with an Average Days On The Market of 214.

From Jan 1 til July 31, 21011 there were 86 residential properties sold for a total price of $7,295,529.  The Average Price was $84,832 and the Median Price was $74,950 with an Average Days On The Market of 187.

It’s a tough market.  Make your property as desirable as possible in curb appeal, condition and price!  We seem to have a little more activity lately…here’s hoping things are on an uphill swing.

November & December 2011 Sold Stats

I didn’t realize I forgot the numbers for November.  Sorry about that.  In November we, in the Deming/Luna County MLS system, sold 8 residential properties with an average price of $91,750 and a median price of $64,750.  A total amount of $734,000.  We had 1 land sale for $31,800.

In December 10 houses closed with an average price of $129,940 and a median price of $113,700 with a total of $1,299,400.  There were 3 land closings with an average price of $90,870 and a median price of $60,610 for a total of $272,610.

The holiday season was good to us this year.  December was probably one of our best months!  A big thank you to those who bought and sold property this year!  Real estate is still a good investment.  There are some really good deals on the market now!  It’s a good time to buy!  We would love to help you find the right property!

Sold stats for Deming-Luna County NM

You’re getting sold stats for the country and the state on the net and in the news.  Here are local sold stats from the Deming and Luna County.

In 2010 from Jan. 1 thru Sept. 30 Residential Sales.  92 properties sold for a total of $8,518,050. The Average Price was $92,588 and the Median price was $75,000.  Average days on the market was 172.

In 2011 from Jan. 1 thru Sept. 30 Residential Sales.  112 properties sold for a total of $9,510,229.  The Average Price was $84,913 and the Median price was $76,500.  Average days on the market was 193.

In 2010 from Jan. 1 thru Sept 30 Multi-Family Sales.  3 properties sold for a total of $227,000.  The Average Price was $75,667 and the Median price was $$75,000.  Average days on the market was 115.

No Multi-Family properties sold in the first three-quarters of 2011.

In 2010 from Jan. 1 thru Sept. 30 Lots and Acreage.  29 properties sold for a total of $401,350.  The Average Price was $13,840 and the Median price was $8,500.  Average days on the market was 213.

In 2011 from Jan. 1 thru Sept. 30 Lots and Acreage.  30 properties sold for a total of $390,900.  The Average Price was $13,030 and the Median price was $10,500.  Average days on the market was 304.

In 2010 from Jan. 1 thru Sept. 30 Farms.  3 properties sold for a total of $1,830,000.  The Average Price was $915,000 and the Median Price was $915,000.  Average days on the market was 569.

In 2011 from Jan. 1 thru Sept. 30 Farms.  1 property sold for $128,000.  123 days on the market.

In 2010 from Jan. 1 thru Sept. 30 Commercial.  3 properties sold for a total of $239,500.  The Average Price was $79,833 and the Median Price was $82,000.  Average days on the market was 276.

In 2011 from Jan. 1 thru Sept. 30 Commercial.  3 properties sold for a total of $240,650.  The Average Price was $80,217 and the Median Price was $65,000.  Average days on the market was 101.

Looking strictly at stats on real estates sales doesn’t tell you a whole lot because there are so many variables…but it’s interesting.  And now you know!