Ladera Heights
On the mesa of the West Side, Ladera Heights is conveniently located near the freeway, and offers many subdivisions of reasonably-priced homes that appeal greatly to first-time buyers and young families, along with a few neighborhoods of much more elegant abodes. The average prices in this area are well below $200,000, with occasional properties offered in the $100,000 range.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$940,000High:$598,000High:$550,000
Low:$62,000Low:$56,500Low:$42,900
Average:$183,759Avg:$171,278Avg:$164,465
In 2007, 494 single family homes sold in this area. Average time on the market was 40 days.
In 2008, 336 single family homes sold in this area. Average time on the market was 98 days.
In 2009, 376 single family homes sold in this area. Average time on the market was 89 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.