Foothills South Real Estate Market Stats for July 2012

The Foothills South Area of Albuquerque is nestled up to the foothills of the Sandia Mountains and contains popular neighborhoods of Glenwood Hills, City View Estates, Pablo Heights and Kachina Hills.

View the most current list of Foothills South Homes or click here to search the Albuquerque MLS.

 

Foothills South Area Quick Stats

Here’s what sold in the Foothills South area of Albuquerque:

Total Detached Sales 12
Price Range $155,000 to $355,000
Average Sales Price $257,208
Median Sales Price $257,500
Total Distressed Sales 0
% Distressed Sales 0
Attached Sales 3

 

Foothills South Homes for Sale, Homes in Pending, Homes Closed

12 homes sold in July, up significantly from last year and up one from June. There were 13 pending home sales.

 Homes for Sale vs Homes Sold

 

Average Price Per square foot

The average price per square foot has averaged $116 per month over the past year and $119 the past 6 months.

 Average Price Per Square Foot

 

Average Days on the Market

The average home in Foothills South took only 64 days to sell.

Average Days on Market

 

Housing Inventory

Home inventory is down greatly compared to this time last year.

 

Housing Inventory

 

 

by Rich Cederberg, Albuquerque Real Estate Agent, 505.803.5012.

These Foothills South Real Estate Stats statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/07/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

 

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