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
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.