Northeast Heights Real Estate Report for October 2011

by Rich Cederberg on November 27, 2011

 

Neighborhood Boundaries

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

View a Northeast Heights Map.

 

Quick Stats:

Total Detached Sales 45
Price Range $62,000 to $280,000
Average Sales Price $159,309
Median Sales Price $160,000
REO Sales 3
Short Sales 7
Attached Sales 2

 

Area Schools:

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

43 homes closed in October. A whopping 56 homes were in pending status.

Albuquerque Northeast Heights Real Estate Homes for Sale vs Homes Sold in October 2011

Average Price Per square foot

The average price per square foot has been relatively stable in the Northeast Heights this year. It has averaged $95 per square foot.

Albuquerque Northeast Heights Real Estate Average Price Per Square Foot for October 2011

Housing Inventory

Sales were down slightly but the number of homes for sale in the Northeast Heights was down also resulting in 5.9 months of inventory.

Albuquerque Northeast Heights Real Estate info Months of Inventory for October 2011

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

 

These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 11/26/2011. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

 


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