UNM South Real Estate Stats for August 2011

by Rich Cederberg on September 23, 2011

Albuquerque’s UNM South area is bounded by I-25 and San Mateo, and by Central and Gibson/ABQ Sunport. UNM south includes popular areas of Nob Hill and Ridgecrest. View a Map of the area. Homes in the UN M South area are close to Kirtland AFB, the VA Hospital, Presbyterian Hospital and UNM Hospital.

18 homes closed in August 2011 ranging from $75,000 to $439,000. The average home sales price was $222,633.

 

Homes For Sale vs Homes Sold

18 homes sold in a month is the highest total of homes sold in over a year. Pending sales were up lightly from last month but down considerably from two months ago.

 

Albuquerque UNM South Real Estate Stats for August 2011

 

UNM South Average Price Per Square Foot

The average price per square foot was up from July but down from August of last year.

 

Albuquerque UNM South Real Estate Stats for August 2011 including average price per square foot

 

Housing Inventory in the UNM South Area

Sales were up and home inventory is down resulting in the lowest amount of housing inventory in recent memory. This is great news for home sellers in the area.

 

Albuquerque UNM South Real Estate Stats for August 2011 housing inventory

 

Click to view a current list of UNM South homes for sale, check out my UNM South Area Resources for more information about the area or search for other Albuquerque Real Estate. Search for Rio Rancho Homes.

 

These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/23/2011. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

 

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