What does a Sold Score of 51 mean in Las Cruces?

A Sold Score of **51/100** in Las Cruces (May 2026) puts the market in the **"Fair Chance of Selling"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.58, inventory up +30.1% YoY, 69 median days on market, 20.0% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 51/100 (Fair Chance of Selling) · Pending ratio: 0.58 · Inventory YoY: +30.1% · Median days on market: 69 · Sellers cutting price: 20.0% · Median listing price: $375,000 (0.0% YoY)