The Foothills north MLS area includes two of Albuquerque’s best neighborhoods, High Desert and Glenwood Hills. East of Tramway Blvd, in the Foothills of the Sandia Mountains, the area is popular with all Albuquerque home buyers.
Foothills North Real Estate Sales
Total home sales were up strongly in 2014. The average home sales price was down, but the average price per square foot was up considerably. Market time has decreased over the last three years and distressed property sales – short sales and REO (foreclosure) sales have been decreasing. Distressed properties and townhome sales are not included in these stats.
|Average Sales Price||$515,974||$557,214||$507,750|
|Average Square Footage||2,857||3,066||2,731|
|Ave Price Per Square Foot||$178||$179||$186|
|Average Days on Market||90||79||74|
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 Foothills North House Worth?
Why Buy a Home in the Foothills North?
- Fantastic Neighborhoods
- Enjoy hiking and biking along Tramway and in the Foothills
- Newer homes
- Close to shopping and dining
- Easy access to major roads to get all around town
Where is the Foothills North on the Map?
These Foothills North real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 01/29/2015. 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. Post #88.