I have just finished publishing my Northwest Albuquerque monthly real estate stats for Ventana Ranch, Taylor Ranch and Paradise Hills NM. Although the final numbers aren't in for the first time home buyer tax credit, it would appear that the results in June of 2010 in Northwest Albuquerque anyway, were less than stellar.
***Search Residential Real Estate in Albuquerque***
Ventana Ranch Real Estate Market Stats
- Total sales were down slightly
- Average sales price was down -5% YTD
- Average market time was down
- Average price per Square Foot was down
Taylor Ranch Real Estate Market Stats
- Total sales were up slightly
- Average sales price was down -2.5% YTD
- Average market time was down
- Average price per square foot was down
Paradise Hills NM real Estate Market Stats
- Total sales were up slightly
- Average sales price was down sharply -8% YTD
- Average Market time was down
- Average price per square foot was down sharply
Summary
Housing values in Northwest Albuquerque are continuing their decline in spite of slightly increased sales.
This doesn't mean necessarily that your property value is down. These market reports are very general and the only reason that I publish them to indicate trends in the real estate market.
To get a bettter idea what your home may be worth call me at 505.803.5012 and I will be happy to estimate your house's value.
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Please consider making me your next Albuquerque Realtor. "I'll always keep your best interests in mind."
Search for Albuquerque NM Homes, Rio Rancho NM Homes for Sale, Corrales NM Real Estate, Placitas NM Homes, or Los Lunas NM Real Estate on my easy to use registration-free websites.
Rich,
Interesting statistics for these three areas. Here's what I've noticed about the markets... When you look at particular areas from a general view, then the numbers hover around the zero number, in terms of average sales prices. But when looking at individual properties, this isn't necessarily the case. Good job...