| Cabezon Market Report August 2013 | ||||||||||||||||
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The Cabezon neighborhoods’ real estate market has seen some interesting changes over the last few months . The largest change in the Rio Rancho South Region (which contains Cabezon) has been the number of homes for sale. After reaching a peak of 148 in March, the inventory has dropped consistently each month down to July’s level of 122. This may indicate a shift to a sellers market and the price per square foot may indicate that as well. The price per square foot has risen slightly in the last two months to $89 in July, but that is still on the lower end of the per square foot prices in the past year or so. The average sale price has risen about 11% since the prices had dropped to the lowest level in the past 15 months in May. Though the prices have risen somewhat in the last two months, there are still some great deals on homes available in the Cabezon neighborhoods! For a more detailed market report, please contact me and Ill send it right over!
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| Below are highlight properties for Cabezon Market Report August 2013. See more at the full report: | ||||||||||||||||
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| See the Full Cabezon Market Report August 2013 | ||||||||||||||||
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| Information valid as of August 7, 2013. Please contact us for the most current information and status of these properties. |
Category Archives: Market Reports
Northern Meadows August 2013 Market Report
| Northern Meadows Market Report August 2013 | ||||||||||||||||
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Northern Meadows’ Real Estate Market has had some interesting trends lately. After the number of homes for sale in the Rio Rancho Central Region (which contains Northern Meadows) dropped almost 22% from April 2013 to May 2013 to the lowest level in more than the last 15 months, the number has risen about 14% through June and July. The level is still well below the levels through most of last year and early this year. The number of sold homes in the region in July 2013 was more than double the number from July 2012. These numbers may be showing the start of a switch in the market to more of a sellers market. This is also showing in the average days on market of the homes for sale. From April 2013 to May 2013 the average number of days on market dropped almost 35% and has continued to drop through July 2013. The market shift is shown in the steady rise in the average price per square foot in Northern Meadows. The average price per square foot has risen from $75 per square foot in April to $84 per square foot in July. However, the average sale prices have been dropping lately. After reaching an average of $140,000 in May, the average sales price has dropped down to $129,000 for July. Great deals are still available in Northern Meadows, but with the market possibly shifting, you may want to act quickly before they’re gone! For a more detailed market report, please contact me and I’ll send it right over!
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| Below are highlight properties for Northern Meadows Market Report August 2013. See more at the full report: | ||||||||||||||||
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| See the Full Northern Meadows Market Report August 2013 | ||||||||||||||||
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| Information valid as of August 7, 2013. Please contact us for the most current information and status of these properties. |
Enchanted Hills August 2013 Market Report
| Enchanted Hills August 2013 Market Report | ||||||||||||||||
| The market in the Enchanted Hills area of the Rio Rancho North region has seen some changes in the last few months. Sold homes have risen over 10% from July 2012 to July 2013, and homes for sale have dropped about 5% in that time. Pending sales have almost doubled since July 2012. The price per square foot has slowly risen over the last four months, from $87 per square foot to $91 per square foot in July 2013. The best news is that the average days on market has continued to drop from 76 days in May to 72 days in July. The Enchanted Hills market may be slowly changing to more of a seller’s market, but there are still some great deals you can buy now!
The Enchanted Hills neighborhood is a great area for those who commute to Santa Fe and Albuquerque.Soon the construction expanding the US 550/Interstate 25 interchange will be completed, which should make the commute easier. For a more detailed market report, please contact me and I’ll send it right over!
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| Below are highlight properties for Enchanted Hills August 2013 Market Report. See more at the full report: | ||||||||||||||||
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| See the Full Enchanted Hills August 2013 Market Report | ||||||||||||||||
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| Information valid as of August 7, 2013. Please contact us for the most current information and status of these properties. |
Ventana Ranch Area Market Report July 2013
| Ventana Ranch Market Report July 2013 | ||||||||||||||||
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Ventana Ranch, Albuquerque, NM Homes for Sale pricing has risen month to month for the last three months, averaging between $89 per square foot in April to $102 per square foot in June, which is the highest level in more than the last 15 months.
The Numbers Month to Month
The median sales price for Ventana Ranch, Albuquerque, NM Homes for Sale was $163,000 in April and rose to $193,000 during June. The number ofVentana Ranch, Albuquerque, NM Homes for Salethat sold was21 in April vs. 28in June.
There are 31 Ventana Ranch, Albuquerque, NM Homes for Sale that were in contract at the end of June which represents about 27%of the overall available inventory of 113 homes.
Some highlights of the current Ventana Ranch, Albuquerque, NM Homes for Sale are shown below and represent a nice cross section of properties available. This Month’s Most Expensive
Ventana Ranch’s most expensive active listing is listed at$289,000, and is a two story home which includes four to five bedrooms, 2.5 bathrooms and has 2998 square feet. This stunning home has a large loft in addition to the bedrooms and lots of light with plenty of space! (schedule a showing). This Month’s Best Value The least expensive of all Ventana Ranch, Albuquerque, NM Homes for Sale came in at $139,900 and would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 3 bedrooms and 2 full bathrooms with 1570 square feet. (schedule a showing). Below are highlight properties for Ventana Ranch Market Report July 2013. See more at the full report: |
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| See the Full Ventana Ranch Market Report July 2013 | ||||||||||||||||
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| Information valid as of July 12, 2013. Please contact us for the most current information and status of these properties. |
Rio Rancho Loma Colorado July 2013 Market Report
| Loma Colorado Market Report July 2013 | ||||||||||||||||
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Rio Rancho’s Loma Colorado community is a centrally located neighborhood that is full of beautiful, eco-friendly homes and enchanting mountain views and recreational areas. Homes in the neighborhood vary from one-story three-bedroom homes to two-story, six-bedroom luxury homes and the resale housing market for Loma Colorado is heating up for the summer! The developer of Loma Colorado, Pulte Homes, is still selling brand new homes and those homes are directly competing with existing home sales, so the analysis of the values of existing homes in the market is complicated. The current resale market for Loma Colorado (since June 1) has seen two homes’ sales close at around $125 per square foot and 13 homes under contract for a pending sale. There are currently 36 active home listings available in Loma Colorado, and here are a couple of the highlights of the market:
This Month’s Most ExpensiveHome
Loma Colorado’s most expensive active listing is a two story, six-bedroom, five-bathroom, 4200 square foot home, currently listed at $444,000. This wonderful home has a tile roof, incredible views and two garages with room for three cars.
This Month’s Best Value Home
Loma Colorado’s best value home is a three-bedroom, two-bathroom beauty that has 1603 square feet and is very close to Rio Rancho High School. This charming home is currently listed at $199,500.
If you’d like to check out these homes, or … |
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| Below are highlight properties for Loma Colorado Market Report July 2013. See more at the full report: | ||||||||||||||||
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| See the Full Loma Colorado Market Report July 2013 | ||||||||||||||||
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| Information valid as of July 12, 2013. Please contact us for the most current information and status of these properties. |
Cabezon, Rio Rancho June 2013 Market Report
| Cabezon Market Report June 2013 | ||||||||||||||||
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The Cabezon neighborhoods real estate market has seen some changes since the start of the year. The largest change in the Rio Rancho South Region (which contains Cabezon) has been the number of homes for sale. After being consistently between 103 and 121 homes for sale between March 2012 and January 2013, the number of homes for sale has risen to a peak of 148 and a current level of 132. This may indicate a shift to a buyers market and the price per square foot indicates that as well. The price per square foot is at its lowest level in the past 15 months at $85 per square foot. The average sale price has dropped to its lowest level in the past 15 months. If you are looking for a great deal on a home in Rio Rancho, the Cabezon neighborhoods are a great place to look!
For a more detailed market report, please contact me and Ill send it right over!
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| Below are highlight properties for Cabezon Market Report June 2013. See more at the full report: | ||||||||||||||||
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| See the Full Cabezon Market Report June 2013 | ||||||||||||||||
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| Information valid as of January 8, 2013. Please contact us for the most current information and status of these properties. |
Northern Meadows, Rio Rancho Market Report June 2013
| Northern Meadows Market Report June 2013 | ||||||||||||||||
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Northern Meadows’ Real Estate Market has had some interesting trends lately.The number of homes for sale in the Rio Rancho Central Region (which contains Northern Meadows) dropped almost 22% from April 2013 to May 2013 to the lowest level in more than the last 15 months. This could mean that the market is starting to shift from a buyer’s market to more of a seller’s market as the inventory of available homes drops. This is also shown in the average days on market of the homes for sale. From April 2013 to May 2013 the average number of days on market dropped almost 35%. The market shift has not been as large in the pricing of homes in Northern Meadows, so far. The average price per square foot has been relatively steady for the last 15 months, with a low of $73 and high of $82, with a current level of $79. Sale prices have also been relatively steady lately, between $131,000 and the current level of $141,000. If you’re looking for a great deal in Northern Meadows they are still available, but with the market possiblly shifting, you may want to act quickly before they’re gone!
For a more detailed market report, please contact me and I’ll send it right over!
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| Below are highlight properties for Northern Meadows Market Report June 2013. See more at the full report: | ||||||||||||||||
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| See the Full Northern Meadows Market Report June 2013 | ||||||||||||||||
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| Information valid as of January 23, 2013. Please contact us for the most current information and status of these properties. |
Enchanted Hills, Rio Rancho June 2013 Market Report
| Enchanted Hills June 2013 Market Report | ||||||||||||||||
| The market in the Enchanted Hills area of the Rio Rancho North region has been fairly consistent over the past 15 months, however many of the market indicators have risen sharply over that time. Sold homes have risen over 28% from March 2012 to May 2013, new listings have risen 33% in that time, homes for sale has risen 9.5% and pending sales have risen over 41%. The price per square foot has ranged from a high of $102 down to a low of $77, with price per square foot between $87 and $91 the last three months. The best news is that the average days on market has dropped from a high of 117 days in March 2012 down to only 76 days in May 2013.
The Enchanted Hills neighborhood is a great area for those who commute to Santa Fe and Albuquerque, and soon construction will begin that will expand the US 550/Interstate 25 interchange to make traffic flow more smoothly through the area. For a more detailed market report, please contact me and I’ll send it right over!
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| Below are highlight properties for Enchanted Hills June 2013 Market Report. See more at the full report: | ||||||||||||||||
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| See the Full Enchanted Hills June 2013 Market Report | ||||||||||||||||
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| Information valid as of June 6, 2013. Please contact us for the most current information and status of these properties. |
Loma Colorado Rio Rancho, NM Market Report February 2013
| Loma Colorado Market Report February 2013 | ||||||||||||||||||
| Loma Colorado, Rio Rancho homes for salestatistics are difficult to interpret.There are huge flucuations in the data which can be partly attributed to the sale of new homes in the community competing with resales. For instance, in December 2012 the months of inventory was 3.8 but in January 2013 the number jumped up to 15 months of inventory. Pulte Homes is actively building homes in the area and place their inventory homes on the MLS system. Those are included in the statistics. What is not included in the statistics are the homes already purchased but not built.
Loma Colorado, excluding new home sales, has had an average of 3 homes sold per month over the last 15 months. The number of homes for sale has been between a low of 11 in July 2012 to a high of 30 in January 2013.
This Months Most Expensive This Months Least Expensive
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| Below are highlight properties for Loma Colorado Market Report February 2013. See more at the full report: | ||||||||||||||||||
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| See the Full Loma Colorado Market Report February 2013 | ||||||||||||||||||
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| Information valid as of February 6, 2013. Please contact us for the most current information and status of these properties. |
Ventana Ranch Market Report January 2013
| Ventana Ranch Market Report January 2013 | ||||||||||||||||||||||||||
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Ventana Ranch, Albuquerque, NM Homes for Salepricing has stayed fairly consistentmonth to month for the last five months, averaging between $87/square foot to a high of $90/square foot in November and December 2012.
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| Below are highlight properties for Ventana Ranch Market Report January 2013. See more at the full report: | ||||||||||||||||||||||||||
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| See the Full Ventana Ranch Market Report January 2013 | ||||||||||||||||||||||||||
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| Information valid as of January 29, 2013. Please contact us for the most current information and status of these properties. |
