Here’s my monthly real estate report for Cabezon Communities in Rio Rancho. Cabezon is a subdivision of newer homes in Rio Rancho NM.
Cabezon January Home Sales
There were 8 closed sales in Cabezon during January. 6 of the sales were regular sales, 1 was a foreclosure and 1 was a short sale.
Here are the stats on the 8 homes that sold:
Average Square Footage: 1,955
Price per Square Foot: $107
Days on the Market: 81
Average Sales Price: $208,988
The number of short sales and foreclosures were down in January, and not surprisingly, the average sales price was up.
Cabezon Homes for Sale
Currently there are 78 homes for sale in Cabezon. 53 are regular sales, 20 are short sales and 5 are bank owned homes.
These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 02/24/2011.