Albuquerque’s Northwest Heights area covers most of zip code 87120 and includes the popular Taylor Ranch neighborhood. There are a wide variety of homes in the area including older ranch homes, newer tract homes and some custom homes too.
MLS Area 110 has the widest variety of Albuquerque Homes for Sale in northwest Albuquerque.
Northwest Heights Quick Stats
Here’s what sold in the Northwest Heights last month:
| Total Detached Sales | 38 |
| Price Range | $105,000 to $1,100,000 |
| Average Sales Price | $223,561 |
| Median Sales Price | $180,000 |
| Distressed Sales | 6 |
| % Distressed | 16 |
| Attached Sales | 1 |
Home Sales Holding Steady
Homes sales increased very slightly from 36 in July 2011 to 38 in July 2012. Sales were down from June 2012. 40 homes were in pending status.
Average Price Per Square Foot On The Increase?
The average price per square foot was $100 over the last year.
Housing Inventory Remains Low
Home inventory has increased slightly but remains relatively low, under 5 months.
Check back next month for more Northwest Heights real estate stats.
Check out my Albuquerque Neighborhoods page for information about other great areas of Albuquerque.
Stats junkie? Check out BeautifulNMHomes.com to learn more about the Albuquerque Real Estate Market.
These Northwest Heights real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/12/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.
