Corrales
Corrales is a charming, historic village on the northern edge of Albuquerque, lying just along the west side of the Rio Grande. Nestled under the cottonwoods, with many properties offering irragated pastures, and most boasting enough acreage for horse-keeping, Corrales is among the trendiest areas around. It is very rare to see any home offered under $300,000, with the average prices approaching half a million, and high-end estates going for several million.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$1,205,000High:$1,395,000High:$1,325,000
Low:$140,000Low:$252,500Low:$85,000
Average:$509,642Avg:$546,388Avg:$466,260
In 2007, 83 single family homes sold in this area. Average time on the market was 66 days.
In 2008, 69 single family homes sold in this area. Average time on the market was 175 days.
In 2009, 70 single family homes sold in this area. Average time on the market was 189 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.