Here’s my monthly real estate report for Corrales NM.
Corrales October Home Sales
There were 4 closed sales in Corrales during October. All 4 of the sales were regular sales, there were no short sales or foreclosure homes.
Here are the stats on the 4 homes that sold:
Average Square Footage: 3090
Price per Square Foot: $161
Days on the Market: 199
Average Sales Price: $495,375
Corrales Homes for Sale
There are only a small handful of distressed properties for sale in Corrales. Out of the 115 available homes only 2 are bank owned homes and 7 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 Corrales has been relatively unaffected by foreclosure activity.
With 4 homes closing last month and 115 homes available there is an incredible amount of great Corrales NM Homes for Sale to choose from!