Albuquerque Acres West has a wide variety of housing options ranging from some of Albuquerque’s most desirable luxury properties to considerably more affordable homes. The area buts up to the Sandia Reservation to the north and North Albuquerque Acres to the east.
See Homes for Sale in Albuquerque Acres West
Albuquerque Acres West Real Estate Sales
The total number of home sales declined considerably in 2014, mirroring the rest of the Albuquerque real estate market. The good news is that the average sales price stayed about the same and the average price per square foot actually increased very slightly. Average days on market increased but was still a manageable 61 days, and distressed sales (REO or bank owned sales and short sales) have declined.
|Average Sales Price||$329,144||$354,164||$350,457|
|Average Square Footage||2,311||2,367||2,298|
|Ave Price Per Square Foot||$143||$149||$152|
|Average Days on Market||57||50||61|
As I mentioned in the intro to this report, there is a wide variety of real estate in this area, ranging from affordable houses on smaller lots which are located closer to Paseo Del Norte, to luxury homes located further north. The statistics above attempt to show the overall market conditions in the area and are painted with a wide brush. I’m trying to show trends, the direction in which the market is moving. Using the stats above to price your home (for instance taking your square footage and multiplying it by the averages price per square foot) could lead to wildly overpricing or underpricing your house. If you’re curious what your house might be worth, try using the from below instead.
What’s Your Albuquerque Acres West House Worth?
Why Buy a Home in Albuquerque Acres West?
- Desirable schools
- Easy access to I25 to get to Santa Fe or the Sunport
- Close to grocery stores including Trader Joe’s
- Close to restaurants like Vintage 423, Flying Star, and others
Where is Albuquerque Acres West on the Map?
These Albuquerque Acres West real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 01/28/2015. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.
by Albuquerque Real Estate Agent Rich Cederberg. Please call or text me at (505) 803-5012