I ‘ve been getting a lot of questions from people all over. “What neighborhoods are selling the most homes”? So, here are the results, this took a little digging to compile this so I hope you find it helpful. Now these neighborhoods are ranked in order by number of closed sales during the first five months of 2007. The top five La Cruces area new and existing homes sale neighborhoods are……………………
When it comes to new homes sales, the High Range Sonoma Ranch area was number one with 77 closings January through May. The closings made up nearly 29 percent of the 269 new home sales reported by Las Cruces Multiple Listing Service. The median sales price for those homes sold was $300,000. The median price means half the homes sold for more than $300,000 and half sold for less.
The area east of I-25 and north of Highway 70 produced the second highest number of new homes sales. The 38 units sold there represented a little bit more 14 percent of the total sales reported, the median price for 4 Hills is $174,270.
Number three on the top five list of best selling new home neighborhoods is the Joranada – Las Colinas area. Directly east of the 4 Hills area north of Hwy 70. This neighborhood produced 32 closed sales representing 11.9 percent of this years new homes sales. The median price in this area is $201,125.
The number four neighborhood on the new homes best selling list is the East Mesa area. Immediately east of the Jornada – Las Colinas area and takes in all of the land north of highway 70 from the eastern edge of the Jornada area to the foothills of the Organ Mountains. The area produced 10 percent of the new home production with 27 units reported sold. The median price in East Mesa is $179,840.
Last but not least is the San Andres area Located near Mayfield High School produced 25 sales or 9.3 percent of the total number of new homes sold. The median price is $153,950
There you have it the top five neighborhood new homes sales. Come back next week, I will post the numbers for existing homes sales
