Downtown Albuquerque Real Estate Report for November 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 15
Price Range $25,000 to $840,000
Average Sales Price $170,793
Median Sales Price $115,000
REO Sales 4
Short Sales 2
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

Twice as many homes sold in November of this year (14)  as last year (6). Pending sales (13) were strong.

Downtown Albuquerque Real Estate Stats for November 2011

 

Average Price Per Square Foot

The average price per square has averaged $120 per square foot over the last year.

Downtown Albuquerque Real Estate Average Price Per Square Foot for November 2011

 

Housing Inventory

Sales were up while inventory held steady resulting in a 6.1 month supply of homes on the market.

Downtown Albuquerque Real Estate Months of Inventory for November 2011

 

View a current list of Downtown Albuquerque Realty, 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 01/02/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included. 

 

 

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