Paradise West Real Estate Report for December 2011

 

Here is my monthly real estate market report for the Paradise West area of Northwest Albuquerque. Paradise West is located west of Unser Blvd and north of Paseo Del Norte north to Rio Rancho. Neighborhoods in Paradise West include Ventana Ranch, Ventana Ranch West, Paradise Skies, Saltillo and the portion of Paradise Hills that is west of Unser Blvd.

 

Quick Stats:

Total Detached Sales 32
Price Range $107,500 to $239,900
Average Sales Price $149,765
Median Sales Price $144,000
REO Sales 6
% REO 18
Short Sales 10
% Short Sales 29
Total Distressed 47
Attached Sales 0

 

 

Area Schools:

Elementary Schools Sierra Vista, Sunset View, Tierra Antigua, Ventana Ranch
Middle Schools James Monroe, Tony Hillerman
High Schools Cibola, Volcano Vista

APS Maps-Elementary, Middle and High School

Use the APS School Locater Tool to check any address

Paradise West Homes for Sale vs. Homes Sold

There were 32 closed sales in December and 20 pending sales.

Albuquerque Paradise West MLS Area 120 Real Estate Stats December 2011

 

Paradise West Average Price Per Square Foot

The average price per square foot continues to average $86.

Albuquerque Paradise West MLS Area 120 Average Price Per Square Foot December 2011

 

Paradise West Supply/Demand Ratio

Active listings were down while sales were up resulting in 5.5 months of home inventory in Paradise West.

Albuquerque Paradise West MLS Area 120 Months of Home Inventory December 2011

 

Whether you are looking to buy or sell a home in Albuquerque it’s important to be aware of market conditions. For a more detailed look at your home’s value please fill out this home valuation form. Click here for an up-to-date listing of houses for sale in Paradise West, or learn more about Albuquerque Neighborhoods.

 

These statistics were compiled from Greater Albuquerque Association of REALTORS®data on 01/29/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

 

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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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