October 2026

Newsletter & Las Cruces Real Estate Market Report

Inventory Of Available Homes!


  • The market has 866 Active properties this week, 875 last week.
  • New to One-Year decreased from 176 to 169 Available.
  • Townhouses remained with 27 available.
  • Condos decreased from 14 to 13 Available.
  • Manufactured Homes decreased from 47 to 46 Available.
  • Under Contract decreased from 283 to 269.
  • The Average Sales Price increased to $349,095
  • Absorption rate is 4.78
  • The DOM- (Days on the Market) this week is 87 days.




Current Inventory Of Homes 10/27/26



Absorption Rate- 5.06

Active- 895

New Listings- 05 (Available Properties)

Under Contract- 227

New To One Year- 183 (Available Properties)

Condos- 14 (Available Properties)

Manufactured Homes- 44 (Available Properties)

Townhomes- 29 (Available Properties)


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Total Site-Built Homes Available = 851


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The Las Cruces housing market remained remarkably steady this week as we approach the end of October. Active listings held unchanged at 895 properties, while available site-built homes increased slightly from 849 to 851, giving buyers a few additional options. The absorption rate edged up from 5.04 to 5.06 months, meaning there is currently just over five months of housing inventory available at the current pace of sales. This continues to reflect a relatively balanced market, with inventory levels showing very little movement from the previous week.


Buyer activity softened slightly, with properties under contract decreasing from 235 to 227, a decline of eight homes. New-to-one-year listings also dipped from 187 to 183. Condo inventory increased from 13 to 14, manufactured homes declined from 46 to 44, and townhouse inventory rose from 26 to 29. These relatively small changes across the different housing segments suggest that the market continues to maintain a consistent pace as we transition further into the fall season.


Overall, the Las Cruces real estate market continues to demonstrate stability and resilience, with inventory holding steady and the absorption rate remaining just above five months. Buyers are benefiting from a good selection of homes and more time to make informed decisions, while sellers should continue to focus on competitive pricing and strong property presentation. With 227 homes still under contract, there is continued buyer interest in our market, creating positive opportunities for both buyers and sellers as we head into November. 🏡📈


MLIS Residential Sales-Year To Date

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Closed By Month

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Absorption rate

CURRENT MARKET SUMMARY

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4639 Calle De Nubes

This gorgeous, extensively updated home is truly move-in ready! Featuring 3 bedrooms and 2 bathrooms, the open, split-bedroom floor plan offers comfort, privacy, and extensive tile flooring throughout. A versatile bonus room could serve as a home office, media room, library, or additional living space. The beautifully updated interior includes granite countertops and a fresh, modern feel. An oversized garage provides plenty of room for vehicles, storage, or hobbies. Step outside to a delightful backyard with mature landscaping and ample space for relaxing, entertaining, and enjoying the Southern New Mexico lifestyle. Conveniently located just minutes from Highway 70, shopping, dining, and entertainment. Don't miss the opportunity to make this beautifully updated home yours!


-$389,000-



-More Pictures & Information-


-UNDER CONTRACT-




6840 Bright View Road-

You want views? This exceptional homesite in Butterfield Ridge #2, located in desirable Picacho Hills, offers approximately 7.2 acres and breathtaking 360-degree views. Enjoy sweeping vistas of the majestic Organ Mountains, the Mesilla Valley, and unforgettable New Mexico sunsets. Situated on an elevated hilltop, this remarkable property provides an ideal setting to design and build your custom dream home. Don’t miss this rare opportunity to own one of Las Cruces’ premier view lots!


-SOLD-



3150 Dona Ana Road-

Discover peaceful valley living at 3150 Dona Ana Road! Situated on 2 acres with 50 producing pecan trees, this unique property offers space, privacy, and plenty of possibilities. The spacious home features 4 bedrooms, 2 baths, a bright sunroom, and a versatile flex room that can serve as an office, hobby room, workout space, or additional living area. Tile flooring extends throughout most of the home, with comfortable carpeting in select bedrooms. The oversized 2-car garage provides excellent storage, along with additional room for parking recreational vehicles, trailers, or other toys. Surrounded by mature pecan trees, this special valley property offers a peaceful setting while remaining conveniently located near town. A rare opportunity to enjoy acreage, abundant indoor and outdoor space, and the charm of country living!


-SOLD-



3848 Santa Catalina Loop


The 2026 Spring Las Cruces Showcase of Homes People's Choice Award Winner is now available!

Located at 3848 Santa Catalina Loop, this stunning Spanish Colonial residence earned six prestigious Showcase Awards, making it one of the most celebrated homes in this year's Showcase.


Award Winner:

🏆 People's Choice Award

🏆 Best Curb Appeal

🏆 Best Outdoor Living

🏆 Best Living Area

🏆 Best Primary Bedroom & Bathroom



Offering 3 bedrooms plus a dedicated office, 2.5 bathrooms, 2,872 square feet, and an oversized 3-car garage, this home showcases exceptional craftsmanship from the moment you arrive. Rich tongue-and-groove ceilings, handcrafted cabinetry, timeless architectural details, and beautifully designed indoor and outdoor living spaces create a home that is both elegant and comfortable.

Whether you're enjoying a quiet morning on one of the covered patios, entertaining friends in the award-winning living area, or relaxing in the beautifully appointed primary suite, every space was thoughtfully designed to impress.

If you're searching for a home that truly stands apart in quality, design, and craftsmanship, this is one you won't want to miss.

Schedule your private showing today and experience why this home captured the hearts of both the judges and the public.


-$789,000-



-More Pictures & Information-


-UNDER CONTRACT-




701 Basha Arc-

Gorgeous home just minutes from historic Old Mesilla and NMSU. This inviting residence offers 4 bedrooms and 2.5 baths with a desirable open split floor plan. Enjoy extensive laminate flooring throughout the main living areas, with cozy carpet in the bedrooms. The spacious kitchen and living areas are perfect for everyday living and entertaining. The fourth bedroom is thoughtfully positioned, making it an excellent option for a guest suite, mother-in-law area, or home office. Convenient location, flexible layout, and comfortable finishes make this home a must-see.



-$498,000-



-More Pictures & Information-




955 Executive Place-, Duplex!

Exceptional investment opportunity in the highly desirable Telshor area! This well-maintained duplex features two spacious units, each offering approximately 972 square feet with 2 bedrooms, 2 bathrooms, refrigerated air, a private backyard, and an attached single-car garage. Both units provide comfortable, functional floor plans that appeal to both owner-occupants and tenants alike. The property also features a newer roof coating, helping reduce future maintenance concerns. Ideally located near medical facilities, New Mexico State University, schools, shopping, restaurants, and easy access to major roadways, this duplex offers outstanding convenience and strong rental appeal. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this is a fantastic opportunity in one of Las Cruces' most sought-after locations.




-SOLD-




597 Tingo Circle-

 Perched high on 1.49 acres, this spectacular homesite offers breathtaking Organ Mountains views along with sweeping valley and city light vistas in every direction. The elevated setting provides exceptional building potential and is ideal for a custom home featuring a walk-out basement design. Enjoy stunning sunrises, dramatic desert landscapes, and endless panoramic scenery from this premier view lot. Plenty of space for a luxury residence, outdoor living areas, and additional amenities while still maintaining privacy and tranquility. Conveniently located near golf, shopping, dining, and medical facilities. Rare opportunity to build your dream home on one of the area's most impressive view properties.


-$94,000-



-More Pictures & Information-


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2925 Valle Vista- Condo Listing!

Located in the desirable Telshor area, this spacious condo offers convenience and comfort just minutes from medical facilities, NMSU, shopping, and entertainment. With approximately 1,728 square feet, the home features 3 bedrooms, 2 baths, and an oversized detached 2-car garage. Tile flooring extends throughout the entire unit, adding style and easy maintenance. Enjoy additional living space in the inviting sunroom, perfect for relaxing or entertaining. The property also includes a generous backyard with a storage shed, offering both functionality and outdoor enjoyment.


-More Pictures & Information-



Now! -$249,000-




Existing-Home Sales Increased 1.5% in September, According to NAR Report


Existing-home sales increased by 1.5% month-over-month and decreased by 2.2% year-over-year, according to the National Association of REALTORS® Existing-Home Sales report. The report provides the real estate ecosystem, including agents, homebuyers and sellers, with data on home sales, prices and inventory.

 

1005 Stull Drive

This charming creampuff has been completely remodeled and is move-in ready! Featuring 3 spacious bedrooms and 1 beautifully updated bath, the home offers approximately 1,112 square feet of comfortable living space. Enjoy fresh interior paint throughout, easy-care laminate flooring, and no carpet anywhere. The light-filled living areas flow seamlessly into a functional kitchen, perfect for everyday living and entertaining. Centrally located near NMSU, medical facilities, shopping, and dining, this home offers unbeatable convenience. The large backyard provides ample room for outdoor enjoyment, gardening, or future projects—ideal for pets, gatherings, or relaxing under the New Mexico sky. With its fresh updates and prime location, this remodeled gem is a must-see!


$195,000


-Temporarily Off the Market-




1143 N. Main Street-

 Charming 1928 home full of character and warmth! This super cute property features original hardwood floors, three comfortable bedrooms, one bath, a welcoming living room, and a formal dining room perfect for gatherings. Recent updates include all-new interior paint and freshly painted exterior with 3-inch foam insulation for added efficiency. Enjoy a dedicated dog yard, a convenient storage shed, and a layout that blends classic charm with everyday functionality. Located in a great area close to local amenities, this home is a wonderful opportunity to enjoy vintage style with modern touches.



-$229,000-


-More Information & Pictures-





Santa Milagro Subdivision- New Subdivision. Officially Available for Sale!

  Don’t miss your opportunity to build in the highly desirable Santa Milagro Subdivision! Perfectly located in the Las Alturas area, this community offers the convenience of being close to NMSU, medical facilities, and shopping, while still providing a peaceful setting. These spacious one-acre-plus homesites are the perfect canvas for your dream home. Each lot includes Las Cruces City water and El Paso Electric, with septic required. Paved streets add charm and accessibility, and with a minimum build of 1,900 sq. ft., the neighborhood is designed for quality and style. Visit today and discover why Santa Milagro is such a special place to call home.

Directions: South on Las Alturas, left on Peter Hurd Road.



-Available Lots-


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-Covenants-



Monthly Cartoon

 

Monthly Recipe


Easy Pumpkin Chili



Equipment

·       Dutch Oven

·       White Cutting Boards

·       Chef's Knife

·       Measuring Cups Spoons

Ingredients

Chili

·       2 cloves garlic $0.16

·       1 yellow onion $0.28

·       2 Tbsp olive oil $0.32

·       1 lb. ground beef $5.35

·       1 15oz. can kidney beans, drained $0.59

·       1 15oz. can black beans, drained $0.55

·       1 15oz. can petite diced tomatoes $0.69

·       1 15oz. can pumpkin purée $1.05

·       1/2 6oz. can tomato paste (5 Tbsp) $0.25

·       2 cups water $0.00

Chili Seasoning*

·       1 Tbsp chili powder $0.30

·       1/2 tsp smoked paprika $0.05

·       1 tsp ground cumin $0.05

·       1/4 tsp garlic powder $0.02

·       1/2 tsp onion powder $0.03

·       1/4 tsp freshly cracked black pepper $0.02

·       1 tsp salt $0.02

Instructions

1.               Mince the garlic and dice the onion. Add the garlic, onion, and olive oil to a large pot. Sauté the onion and garlic over medium heat until the onions are tender (about 5 minutes).

2.               Add the ground beef and continue to cook until the beef is browned and cooked through.

3.               Add the kidney beans (drained), black beans (drained), diced tomatoes (with juices), puréed pumpkin, tomato paste, water, chili powder, smoked paprika, cumin, garlic powder, onion powder, pepper, and salt to the pot. Stir to combine.

4.               Place a lid on top of the pot and allow the chili to come up to a simmer, stirring occasionally. Allow the chili to simmer for 30 minutes.

5.               After simmering for 30 minutes, give the chili a taste and add salt if needed. Serve hot with your favorite toppings (sour cream, cheese, green onion, corn chips, etc.)

 

Notes

*You can use your own store-bought chili seasoning or your favorite mix of chili herbs and spices.



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Tobe Turpen

Better Homes and Gardens Real Estate Steinborn & Associates

141 Roadrunner Parkway #141

Las Cruces, N.M. 88011

Office- 575-522-3698

Direct-575-621-1462

25+ Years Experience

www.TobeTurpen.com

 
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