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How competitive is the Las Cruces housing market?

P

Primpted Housing Analyst

Updated monthly · Data through July 2026 · v266

Data-backed
Sold Score
39/100
YoY Challenging Market Conditions
Pending ratio
0.33
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
87
YoY days on market
Price cuts
23.8%
YoY of active listings
Las Cruces is moderately competitive as of July 2026, with a Sold Score of 39/100 (Challenging Market Conditions). **Pending ratio** is 0.33 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +12.8% — more choices for buyers than a year ago. **Median days on market** is 87. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 23.8% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (July 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.33 · Inventory YoY: +12.8% · Median days on market: 87 · Sellers cutting price: 23.8% · Median listing price: $377,488 (+2.0% YoY)

Las Cruces snapshot

As of the latest 2026 data
Median listing
$377K
YoY +0.0%
Active inventory
942
YoY +0.1%
Median DOM
87
YoY +0.3%
Pending ratio
0.33
YoY +0.0%
Price-reduced
15.2%
YoY -0.0%

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