Here is my monthly real estate market report for the Paradise West area of Northwest Albuquerque. Paradise West is located west of Unser Blvd and north of Paseo Del Norte north to Rio Rancho. Neighborhoods in Paradise West include Ventana Ranch, Ventana Ranch West, Paradise Skies, Saltillo and the portion of Paradise Hills that is west of Unser Blvd.
|Total Detached Sales||30|
|Price Range||$100,000 to $200,000|
|Average Sales Price||$155,698|
|Median Sales Price||$158,750|
|% Short Sales||17|
|Elementary Schools||Sierra Vista, Sunset View, Tierra Antigua, Ventana Ranch|
|Middle Schools||James Monroe, Tony Hillerman|
|High Schools||Cibola, Volcano Vista|
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Paradise West Homes for Sale vs. Homes Sold
There were 30 closed sales in October and 30 pending sales.
Paradise West Average Price Per Square Foot
The average price per square foot which has averaged 86 per square foot over the last year is trending upward.
The supply demand ratio is climbing as sales are slowing. However, the ratio is more normal than it was this time last year.
Whether you are looking to buy or sell a home in Albuquerque it’s important to be aware of market conditions. For a more detailed look at your home’s value please fill out this home valuation form. Click here for an up-to-date listing of homes for sale in Paradise West, or learn more about Albuquerque Neighborhoods.
These statistics were compiled from Greater Albuquerque Association of REALTORS®data on 11/22/2011. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.