Northeast Heights Real Estate Stats for February 2012

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 and Princess Jeanne neighborhoods to name a few.

View the most current list of Northeast Heights Residential Real Estate, check out my information page for the Northeast Heights or search for other MLS Listings Albuquerque.

Neighborhood Boundaries

The Northeast Heights is bounded by Montgomery and Central, and by Tramway and Wyoming.

View a Northeast Heights Map.

 

Quick Stats:

Here’s what sold last month in the Northeast Heights Area:

Total Detached Sales 37
Price Range $70,000 to $232,500
Average Sales Price $143,898
Median Sales Price $137,500
Total Distressed Sales 9
% Distressed Sales 24
Attached Sales 5

 

Area Schools:

These are the public schools that serve the Northeast Heights area:

Elementary Schools Various see map link below
Middle Schools Various see map link below
High Schools Various see map link below

 

APS Maps-Elementary, Middle and High School

 

Homes for Sale, Homes in Pending, Homes Closed

37 homes closed last month, up considerably from last month and last year. 61 homes were in pending status.

 

Albuquerque Northeast Heights Real Estate Stats MLS Area 50 February 2012

Average Price Per square foot

The average price per square foot has been surprisingly stable in the Northeast Heights this year. It has averaged $94 per square foot.

Albuquerque Northeast Heights Real Estate Stats Average Price Per Square Foot MLS Area 50 February 2012

 

 

Housing Inventory

Active listings declined while home sales increased sharply reducing the amount of home inventory substantially.

Albuquerque Northeast Heights Real Estate Stats Months of Inventory MLS Area 50 February 2012

 

 

 

 

 

 

 

 

 

 

 

 

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 03/23/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

 


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