Downtown Albuquerque Real Estate Report for September 2011

 

Neighborhood Boundaries

The Downtown Albuquerque area is bounded by I-25 and the Rio Grande River, and by I-40 and Cesar Chavez.

View a Map of the area.

 

Quick Stats:

Total Detached Sales 7
Price Range $65,000 to $499,000
Average Sales Price $174,143
Median Sales Price $93,500
REO Sales 2
Short Sales 0
Attached Sales 2

 

Area Schools:

Elementary Schools Reginald Chavez, East San Jose, Eugene Field,  Dolores Gonzalez, Lew Wallace, Longfellow
Middle Schools Jefferson, Washington
High Schools Albuquerque High

 

APS Maps-Elementary, Middle and High School

 

 

Homes for Sale, Homes Sold, Pending Sales

Home sales are down for the first time in 6 months. However, pending sales were up.

Downtown Albuquerque Real Estate Stats Home Sales Information for September 2011

Average Price Per Square Foot

The average price per square has averaged $122 per square foot over the last year.

Downtown Albuquerque Real Estate Stats Average Price Per Square Foot for September 2011

Housing Inventory

The amount of inventory is increasing. Currently there is a 14 month supply of homes.

Downtown Albuquerque Real Estate Months of Inventory for September 2011

View a current list of homes for sale in Downtown Albuquerque, check out my Downtown Albuquerque Information Page or search for Homes in Albuquerque.

Please CALL or TEXT me at (505) 803-5012 for more information on this neighborhood or any other Neighborhoods in Albuquerque.

These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 10/28/2011. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included. 

 

 

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