Near North Valley
The Near North Valley, like the neighboring North Valley has many homes that have been occupied by generations. It also huddles in the Bosque along the Rio Grande, and properties vary from small, trendy new "Infill" subdivisions to hundred-year-old haciendas, to tiny pueblo-sstyle homes from the 40's, to manufactured homes, to palatial horse properties on irrigated acres. You might see prices anywhere from the $50,000 range to the millions of dollars, and everything in between.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$839,000High:$1,140,000High:$700,000
Low:$50,500Low:$45,000Low:$39,000
Average:$275,616Avg:$270,158Avg:$232,332
In 2007, 205 single family homes sold in this area. Average time on the market was 35 days.
In 2008, 133 single family homes sold in this area. Average time on the market was 97 days.
In 2009, 139 single family homes sold in this area. Average time on the market was 113 days.
 
Data above is based on yearly sales data results in the given area from the Greater Albuquerque Association of Realtors® for single family, site-built homes.