Academy West Real Estate Market Stats for July 2012

Albuquerque’s Academy West neighborhood is conveniently located in the northeast heights near the geographical center of Albuquerque. Some of Albuquerque’s best neighborhoods are located here including Academy Acres, Academy Park, Academy Ridge and Bear Canyon to name a few. There’s easy access to Interstate 25 and to Paseo Del Norte.

Search for Academy West Homes for Sale or search Albuquerque Real Estate or search for homes in other Northeast Albuquerque Real Estate.

 

Academy West Quick Market Stats

Here’s what sold last month in Academy West neighborhood:

Total Detached Sales 14
Price Range $122,000 to $312,500
Average Sales Price $196,389
Median Sales Price $176,950
Distressed Sales 0
% Distressed 0
Attached Sales 4

 

Academy West Homes for Sale, Homes in Pending, Homes Closed

13 Academy West homes sold in July, up somewhat from last July and up considerably form June. 15 homes were in pending status.

Homes for Sale vs Homes Sold July 2012

 

Average Price Per square foot

The average price per square foot, that had been declining, recovered nicely in July. It is still averaging about $105 per square foot.

Average Price Per Square Foot July 2012

 

Average Days on Market

The average house that sold was on the market for only 55 days before selling.

Average Days on Market July 2012

 

Housing Inventory

The home inventory stat returned between three and four months.

Months of Inventory July 2012

 

by Albuquerque Real Estate Agent Rich Cederberg, 803-5012, Venture Realty Group, 255-5609.

 

These Academy West real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/03 /2012. This data is reflective of homes which were listed on the MLS; private sales are not included.

by Rich Cederberg, Albuquerque Realtor, 505.803.5012.

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