List prices, not sale prices. The difference matters, and we explain it below.
183 houses, townhomes and condos for sale, plus 103 land listings. Median list price $249,900. The typical home has 3 bedrooms and about 1,813 square feet.
69 houses, townhomes and condos for sale, plus 65 land listings. Median list price $299,900. The typical home has 3 bedrooms and about 1,384 square feet.
8 houses for sale and 13 active listings in all. Median list price $232,500.
2 houses for sale and 35 active listings in all, most of them land.
Roswell, Carlsbad, Clovis, Hobbs, Deming and Artesia side by side: median list price, inventory and price cuts.
Look at Roswell. The average home for sale is listed near $391,000. The average home that actually sold went for about $201,000.
That gap is not a mistake. Higher-priced homes take longer to sell, so they pile up in the “for sale” column while the homes buyers are actually purchasing move through quickly.
It is why a website average tells you very little about what your home will sell for, or what you will really need to spend. The useful number is what homes like yours, in your part of town, sold for lately. That is the number we bring you.