Las Cruces Real Estate
Las Cruces has seen huge growth in the last few years. The population of the city has increased 8.5% since 2000, to an estimated 83,000. There are an additional 40,000 to 50,000 people living in the surrounding valley, and a total of about 190,000 in the county (Doña Ana).
Real Estate and housing prices have doubled during that period. The local paper reports that the average closing price of a house in Las Cruces last month was $221,000. A year ago it was $176,000.
I think the growth of Las Cruces is just beginning. Las Cruces offers attractions and advantages that are no longer available in states such as Colorado, Arizona, and Nevada. I predict a huge influx of relatively wealthy people, most from the West Coast.
This is going to continue to change Las Cruces in unfortunate ways.
Tags: Real Estate, House Prices, Population, Las Cruces
Real Estate and housing prices have doubled during that period. The local paper reports that the average closing price of a house in Las Cruces last month was $221,000. A year ago it was $176,000.
I think the growth of Las Cruces is just beginning. Las Cruces offers attractions and advantages that are no longer available in states such as Colorado, Arizona, and Nevada. I predict a huge influx of relatively wealthy people, most from the West Coast.
This is going to continue to change Las Cruces in unfortunate ways.
Tags: Real Estate, House Prices, Population, Las Cruces
Labels: Las Cruces, Real Estate
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