Enchanted Hills Real Estate Stats for November 2010

Here’s my monthly real estate report for Enchanted Hills. Enchanted Hills is a subdivision of newer homes in Rio Rancho NM.

Enchanted Hills November Home Sales

There were 2 closed sales in Enchanted Hills during November. Both of the sales were regular sales.

Here are the stats on the 2 homes that sold:

Average Square Footage:        1966

Price per Square Foot:               $91

Days on the Market:                      107

Median Sales Price:              $176,750

Enchanted Hills Homes for Sale

Currently there are 70 homes for sale in Enchanted Hills. 35 are regular sales, 27 are short sales and 8 are foreclosure homes.

The high number of short sale homes available is indicative of the general market conditions in Rio Rancho. In fact, 38% of all November closed sales in Rio Rancho were distressed property sales.

Search for Rio Rancho short sales or Rio Rancho foreclosures today!

 

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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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