UNM Area Real Estate Market Stats for July 2012

UNM area homes are popular with UNMMap of Albuquerque MLS Area 40faculty and staff, UNM graduates and anyone else who wants to live near the cultural events that university life has to offer. Not only that, but UNM real estate is near Albuquerque’s Nob Hill Neighborhood, perhaps the most popular of all of Albuquerque’s neighborhoods for dining, nightlife and the Albuquerque urban experience.

View the most current list of UNM Area Real Estate here or search for Albuquerque Real Estate (www.AlbuquerqueRealEstatePlace.com)

 

UNM Home Sales Quick Stats

Here’s what sold in the UNM Area last month:

Total Detached Sales 16
Price Range $160,973 to $507,000
Average Sales Price $274,242
Median Sales Price $286,000
Distressed Sales 0
% Distressed 0
Attached Sales 0

 

Homes for Sale, Homes in Pending, Homes Closed in the UNM Area

16 homes closed in July, about the same as last July but down from June 2012. 25 homes were in pending status.

 

Average Price Per Square Foot in the UNM MLS Area

The average price per square foot has averaged $132 over the last year, and $133 per square over the last 6 months.

 

 Average Price Per Square Foot July 2012

Average Days on Market

Homes are selling fast in the UNM Area, averaging only 24 days.

 

 Average Days on Market July 2012

UNM Area Housing Inventory

Home inventory remains low int he area. It’s a seller’s real estate market in the University of New Mexico area.

Months of Home Inventory July 2012

 

Looking to buy or sell? Contact Albuquerque Real Estate Agent Rich Cederberg, 803-5012, Venture Realty Group, 255-5609.

These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/04/2012. This data is reflective of homes which were listed on the MLS; private sales are not included.

 

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