The Northeast Heights MLS area is a small portion of what most Albuquerque residents refer to as the “northeast heights.” Albuquerque MLS area 50 is between Tramway and Wyoming and Montgomery and Central and includes the Eldorado Heights, Holiday Park, Heritage East and Princess Jeanne neighborhoods to name a few.
Northeast Heights Quick Stats
Here’s what sold last month in the Northeast Heights Area:
|Total Detached Sales||51|
|Price Range||$80,000 to $287,00|
|Average Sales Price||$155,555|
|Median Sales Price||$142,500|
|Total Distressed Sales||15|
|% Distressed Sales||27|
Northeast Heights Homes for Sale, Homes in Pending, Homes Closed
54 homes closed in June, up slightly from last year but down from last month. 62 homes were in pending status.
Average Price Per square foot
The average price per square foot remains stable in the Northeast Heights this year. It has averaged $93 per square foot.
Average Days on the Market
It took 63 days for the average northeast heights home to sell in June.
Home inventory remains low in the northeast heights. Homes are selling reasonably fast and prices appear to be stable.
by Albuquerque Real Estate Agent Rich Cederberg, 803-5012, Venture Realty Group, 255-5609.
These Northeast Heights Real Estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/06/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.