Ladera Heights Real Estate Report for July 2012

 

Albuquerque’s Ladera Heights neighborhood is one of the most affordable neighborhoods in Albuquerque.

Ladera Heights in conveniently located with easy access to downtown Albuquerque, Kirtland Air Force Base, and the Albuquerque Sunport,

Click here to view my up-to-date list of Homes for Sale in Ladera Heights, including single-family homes and townhomes. Check out my Albuquerque Neighborhoods page for information about other great areas of Albuquerque or search Real Estate in Albuquerque.

Ladera Heights Quick Stats:

Here’s what sold in Ladera Heights last month:

Total Detached Sales 32
Price Range $50,000 to $182,000
Average Sales Price $128,992
Median Sales Price $134,500
Distressed Sales 18
% Distressed 56
Attached Sales 6

 

Homes for Sale vs Homes Sold in Ladera Heights

32 homes sold in July, up considerably from last July but down from June. 41 homes were in pending status.

Homes for Sale vs Homes Sold July 2012

Average Price Per Square Foot

The average price per square foot is still averaging $82 per square foot. The price per square foot has remained stable over the last year.

Average Price Per Square Foot July 2012

Supply/Demand Ratio

Home inventory is creeping up.

Months of Home Inventory July 2012

 

by Rich Cederberg, Albuquerque Real Estate Agent, 505.803.5012.

These Ladera Heights Real Estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/13/2012.

 

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All content by Albuquerque Real Estate Agent Rich Cederberg, 505.803.5012, unless otherwise noted. eXp Realty, (505) 750-1846.