Here's the year end Real Estate sales numbers for Paradise Skies NM.
There were 37 closed sales in Paradise Skies in 2009. The neighborhood was relatively unaffected by short sales with only 4 this year. Only 1 sale was a bank owned property.
There were 36 canceled/expired listings during the year which means selling a home in Paradise Skies was a 50/50 proposition.
The average sales price has continued to decline since it's peak in 2006/2007.
Average days on the market was 74.
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Paradise Skies is one of the most affordable neighborhoods in Northwest Albuquerque. The neighborhood consists of modest sized homes built primarily by Longford and DR Horton. I expect values on the neighborhood to do well over the next few years as many jobs will be moving into the area once the new Rio Rancho Presbyterian Hospital is completed. The hospital will be less than one mile from Paradise Skies.
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Albuquerque Realtor Rich Cederberg works for RE/MAX Finest in Albuquerque New Mexico. Previously Rich worked for RE/MAX Elite and the Vaughn Company Realtors for 5 years. He specializes in Albuquerque Real Estate, Northwest Albuquerque Real Estate, Rio Rancho Real Estate and Los Lunas Real Estate. He especially enjoys working with First Time Home Buyers. Call 505.803.5012 or email Rich Cederberg if you need a Albuquerque REMAX agent.
