Albuquerque’s Northwest Heights area covers most of zip code 87120 and includes the popular Taylor Ranch neighborhood. There is a wide variety of homes in the area including older ranch homes, newer tract homes and some custom homes too. Area 110 has the widest variety of Albuquerque Houses in northwest Albuquerque.
|Total Detached Sales||29|
|Price Range||$120,000 to $400,000|
|Average Sales Price||$190,893|
|Median Sales Price||$175,000|
|% Short Sales||13|
|Elementary Schools||Chamiza, Marie Hughes, Tierra Antigua|
|Middle Schools||LBJ, Tony Hillerman|
|High Schools||Volcano Vista, West Mesa|
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Northwest Heights Homes For Sale vs. Homes Sold
29 homes sold in December, 25 homes were in pending status.
Northwest Heights Average Price Per Square Foot
The average price per square foot was up slightly. The average for the last 13 months in $100 per square foot. Over the last 4 months it has dropped to $97 per square foot.
Northwest Heights Supply/Demand Ratio
The significant increase in sales combined with the decrease in active listings caused the home inventory stat to decrease substantially.
What a great month for real estate sales in Albuquerque and especially in the Northwest Heights. It looks like Savvy home shoppers wanted to take advantage of those great interest rates!
Whether you are looking to buy or sell a Northwest Albuquerque Home, it’s important to be aware of market conditions . If you are thinking of selling your home please fill out this home valuation form.
If you are considering buying a home then view my up-to-date list of homes in Northwest Albuquerque, including single-family homes and townhomes. Check out my Albuquerque Neighborhoods page for information about other great areas of Albuquerque.
These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 01/27/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.