Academy West Albuquerque NM Real Estate October 2007 Market Snapshot

by Ashley Drake Gephart on November 15, 2007

Albuquerque Home Market Report

Academy West

Academy West

See the most up-to-date list of Academy West homes for sale. If you are looking to buy or sell a home in Academy West, please contact me today. The Academy West area is bounded by Montgomery and Paseo, and I-25 and Wyoming.
 

October 2007 # of Homes Median Lowest Highest
New Listing 40 $229,450 $82,500 $445,000
Pending 15 $173,900 $69,000 $274,500
Sold 30 $208,450 $63,000 $400,000

 

October 2007 Square Footage Bedrooms Bathrooms
Minimum 784 1 1
Maximum 3256 5 3

 

October 2007 Days on Market Cumulative Days on Market
Minimum 0 0
Average 47 74
Maximum 197 265

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These statistics were compiled from the Albuquerque Metropolitan Board of REALTORS® data on 11/15/2007 at 10:30 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
Associate Broker, REALTOR®
Prudential Sandia Real Estate
Best: 505.261.0389 Office: 505.797.5555
6739 Academy Rd NE Ste 200 Albuquerque NM 87109
Email Ashley
Albuquerque Real Estate
Albuquerque Home Value - Complimentary CMA

{ 4 comments… read them below or add one }

Clearwater Beach Real Estate November 17, 2007 at 10:22 pm

Ashley – it’s hard to believe you can buy anything for $63,000 in Albuquerque – looks like there are some bargains there right now. – Cyndee

Albuquerque NM Real Estate - Ashley November 18, 2007 at 2:15 am

Cyndee – Yes, those are some condos with easy access to the freeway. There are still some very affordable homes/condos in Albuquerque.

South Charlotte Homes November 19, 2007 at 9:34 pm

This area, Academy West, is it near town? Those are very affordable median prices for a big city like Albuquerque. Thanks for this Buyer update. Terry McDonald

Albuquerque NM Real Estate - Ashley November 20, 2007 at 11:46 pm

Terry – Academy West is a part of the NE section of Albuquerque. It is located about 6 miles from the “Big I” which is I-25 and I-40.

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