Albuquerque’s Ladera Heights neighborhood is located in Northwest Albuquerque from Tierra Pintada Blvd south to Central Ave, west from Coors Blvd past 98th St. Ladera Heights is conveniently located with easy access to downtown Albuquerque, Kirtland Air Force Base, and the Albuquerque Sunport.
There were 28 closed sales in Ladera Heights during August. The homes ranged in price from $52,000 to $170,000. With an average sales price of $121,003. Ladera Heights has some of the most affordable Albuquerque Homes in town.
Homes for Sale vs Homes Sold
Sales remained slow in the area, but pending sales were up slightly.
Average Price Per Square Foot
The average price per square foot dipped down $79 per square foot, it’s lowest level over the last year.
The ratio declined slightly during August due to the lowest number of homes for sale in the area over the last year.
Closed home sales were down and average sales price was down, but inventory was down. Decreased inventory should help prevent prices from declining further in the short term.
View my up-to-date list of Ladera Heights homes for sale, including single-family homes and townhomes. Check out my Albuquerque Neighborhoods page for information about other great areas of Albuquerque. Search Albuquerque Real Estate.
These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/20/2011.