Here’s my monthly real estate report for Stonebridge. Stonebridge is a subdivision of newer homes in Northwest Albuquerque.
Stonebridge Home Sales
There were 4 closed sales in Stonebridge during October. 1 sale was a regular sale, 2 were bank owned homes and 1 was a short sale.
Here are the stats on the 4 homes that sold:
Average Square Footage: 2,497
Price per Square Foot: $78
Days on the Market: 50
Median Sales Price: $178,950
Distressed properties made up a whopping 75% of the sales activity in Stonebridge during October.
Stonebridge Homes for Sale
Currently there are 12 Stonebridge Homes for Sale. 5 are regular sales, 1 is a bank owned home and 6 are short sales.
Three out of the four Stonebridge homes that sold in October were distressed properties and over half of the Stonebridge houses for sale are distressed properties. Foreclosures and short sales are definitely having an effect on home values in the area.
Search Albuquerque NM Houses for Sale and find Stonebridge homes for sale and others too!