UNM Area Albuquerque Real Estate August 2007 Market Snapshot

by Ashley Drake Gephart on September 28, 2007

       

Albuquerque Home Market Report

UNM Area Real Estate

UNM Area

See the most up-to-date list of UNM Area homes for sale, including single-family homes and condos.

If you are looking to buy or sell a home in UNM Area, please contact me today.

The UNM Area is bounded by I-25 and San Mateo, and by Central and Indian School.
 

August 2007 # of Homes Median Lowest Highest
New Listing 53 $297,500 $189,000 $625,000
Pending 8 $335,000 $229,000 $510,000
Sold 17 $276,500 $182,000 $530,000

 

August 2007 Square Footage Bedrooms Bathrooms
Minimum 909 2 1
Maximum 3106 4 3

 

August 2007 Days on Market
Minimum 1
Average 70
Maximum 288

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These statistics were compiled from the Albuquerque Metropolitan Board of REALTORS® data on 09/27/2007 at 11:45 p.m. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This information should not be used to determine the value of any property. Photos are for illustration purposes only and do not necessarily represent current or past listings.

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Ashley Drake Gephart
Director of Social Media, Associate Broker, REALTOR®
Prudential Sandia Real Estate
Best: 505.261.0389 Office: 505.271.5800
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{ 2 comments… read them below or add one }

Rita Taylor October 1, 2007 at 10:31 pm

Ashley,

Great market report full of information for those looking to buy or sell a home near the University of New Mexico. An average of only 70 days on the market is pretty low – bucking the national trend.

Ashley - Albuquerque Real Estate October 7, 2007 at 2:16 am

Rita – We have areas that are lower. ABQ isn’t doing too bad!

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