Cabezon Home Sales Stats

Cabezon master planned community is one of the most popular areas of Rio Rancho for home buyers and renters. Home construction began in Cabezon in the mid 2000’s  and most of the community has been built, but there is still some home construction in the area.

Unlike Rio Rancho’s other popular master planned community, Loma Colorado, the homes in Cabezon were built by a variety of builders including Artistic, DR Horton, Pulte, Centex, Wallen, Stillbrook, Charter and more.

Cabezon Real Estate Stats

The numbers below compare home sales in the first half of 2012 with the first half of 2013.

Jan to Jun ’12 Jan to Jun ’13
Total Home Sales 63 101 Green Arrow Small
Average Sales Price 220,437 $219,864
Median Sales Price 208,672 $209,500 Green Arrow Small
Average Square Feet 2,278 2,353
Average Price Per Square Foot 98 95
High Sale 387,000 355,000
Low Sale 135,000 110,000
Average Days on Market 76 66
List Price to Sales Price Ratio 97.81 97.18 Red Arrow Small
% sales that were bank owned 16 24 Green Arrow Small
% sales that were short sales 13 11 Red Arrow Small

As the chart shows, home sales were up nearly 40% over the same period last year. In spite of the increase in sales and the faster market time, home prices remained approximately the same. The square footage of the average home sale increased slightly, causing the average price per square foot to decrease.

Bank owned home sales (aka foreclosures) increased by 50% while short sales declined by about 15%.

I was surprised to see that home prices have not increased over last year, however home sales in Rio Rancho have only recently started to take off like they had many months ago in Albuquerque. I have to believe that prices will be heading up soon.

View Cabezon Homes for Sale in Rio Rancho NM.

The Best Points of Living in Cabezon

Here’s a short list of things that residents of Cabezon appreciate:

  • Newer homes built by a wide variety of popular builders
  • Wide variety of neighborhoods – gated neighborhoods, townhome neighborhoods, brick homes
  • Rio Rancho schools
  • Fun things to do and places to eat nearby – Rio Rancho Aquatic Center, Premier Cinema, Five Guys
  • Close to grocery stores, Starbucks and Cottonwood Mall

Where is Cabezon Located?

Cabezon is located in southern Rio Rancho between Unser and Golf Course Blvd.

View Cabezon Homes in Rio Rancho in a larger map

Albuquerque Homes for Sale

by Albuquerque Real Estate Agent Rich Cederberg, eXp Realty. Please call or text me at (505) 803-5012

These Albuquerque real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/02/2013. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

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