If you are thinking about buying a home or ranch in the Mesilla
Valley, now is the time to do it. It is a buyer’s market for sure. I’m not sure
how long that situation will last, but for now money talks.
The illustrated Highway 28 corridor from the southern edge
of Mesilla down to Santa Teresa includes some of the most beautiful land and
farms in Southern New Mexico, close to El Paso and Las Cruces with weather
designed for growing things abundantly.
In the sample there are 41 homes and ranches available for
sale. The median price is a little under $200,000 which means there are bargains
available.
As a Contrast...
Sometimes it is hard for the brain to wrap around the idea
that right now in Silicon Valley, there are multiple buyers making offers over
the same property. The average time on the market is 7 days. That’s what you
call a seller’s market.
Of course, that is not likely to happen here because we have
plenty of land and we do not have the plethora of technology centers that
employ so many people. Also hard to imagine is the average price for a house
in SV is somewhere north of $900,000.
Back to Reality and the Mesilla Valley ...
I’m particularly fond of an area where the houses (big
beautiful ones) are lined up on a 4,000 foot runway so the pilots walk directly
to their hangers and taxi out to the runway then off into the wild blue
yonder! Yes, the houses are on Highway
28 in the Mesilla Valley and I will do a feature video in the next week or so –
stay tuned.
If you are looking to purchase in this area soon, make sure
you have a good buyer’s agent to represent your interests. There is no cost to
you and with a qualified Realtor you can (and probably will) save thousands on the
transaction.
If you don’t have one, give me a call. I will be happy to
give you a tour of the area.
Gary 575 520-5515
