Here’s my monthly real estate report for Placitas NM.
Here are the stats on the 4 homes that sold:
Average Square Footage: 2816
Price per Square Foot: $168
Days on the Market: 152
Median Sales Price: $550,000
Currently there are 96 Placitas NM Homes for Sale. There are 59 3-bedroom houses, 42 4 bedroom homes and 83 houses with one plus acres. The average house for sale has 3,070 square feet and is priced at $477,450. That’s a per square foot price of $173.
There are only a small handful of distressed properties for sale in Placitas. Out of the 96 available homes only 2 are bank owned homes and 8 are short sales. That means that less than 10% of the available homes are distressed properties. Compare that with areas in Albuquerque that have 30% distressed properties and you will appreciate that Placitas has been relatively unaffected by foreclosure activity.
There are some great Placitas NM Homes for Sale, don’t miss your chance to buy while prices and interest rates are low!