Corrales NM Housing Stats

 

Here’s my monthly real estate report for Corrales NM.

Corrales December Home Sales

There were 7 closed sales in Corrales during December. One of the sales was a foreclosure home, the other 6 sale were regular sales.

Here are the stats on the 7 homes that sold:

Average Square Footage:           2,330

Price per Square Foot:                 $200

Days on the Market:                     82

Average Sales Price:             $458,193

Corrales Homes for Sale

Currently there are 113 Corrales NM Homes for Sale. There are 46 3-bedroom houses, 34 4 bedroom homes and 70 homes with one or more acres.

There are only a small handful of distressed properties for sale in Corrales. Out of the 113 available homes only 7 are bank owned homes and 14 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 for sale and you will appreciate that Corrales has been relatively unaffected by foreclosure activity.

113 homes available with only 7 homes closing last month means that there is over a year’s worth inventory of homes. It’s still a buyer’s market in Corrales!

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About 

Albuquerque real estate agent Rich Cederberg sells Albuquerque homes for sale including single family homes, townhomes and condos in the Albuquerque Metro Area for eXp Realty. Call him at (505) 803-5012.

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

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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