Enchanted Hills Real Estate Stats for November 2010

Here’s my monthly real estate report for Enchanted Hills. Enchanted Hills is a subdivision of newer homes in Rio Rancho NM.

Enchanted Hills November Home Sales

There were 2 closed sales in Enchanted Hills during November. Both of the sales were regular sales.

Here are the stats on the 2 homes that sold:

Average Square Footage:        1966

Price per Square Foot:               $91

Days on the Market:                      107

Median Sales Price:              $176,750

Enchanted Hills Homes for Sale

Currently there are 70 homes for sale in Enchanted Hills. 35 are regular sales, 27 are short sales and 8 are foreclosure homes.

The high number of short sale homes available is indicative of the general market conditions in Rio Rancho. In fact, 38% of all November closed sales in Rio Rancho were distressed property sales.

Search for Rio Rancho short sales or Rio Rancho foreclosures today!


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