Rio Rancho South
Rio Rancho South is perhaps the most established area of Rio Rancho, lying just east of the Pradise Hills area of Albuquerque. There are homes in the 30-40 year-old range, along with some newer construction, as well. Prices range form below $100,000 to nearly $400,000.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$560,190High:$565,000High:$485,000
Low:$130,000Low:$100,000Low:$77,000
Average:$245,565Avg:$239,760Avg:$219,958
In 2007, 197 single family homes sold in this area. Average time on the market was 54 days.
In 2008, 198 single family homes sold in this area. Average time on the market was 97 days.
In 2009, 170 single family homes sold in this area. Average time on the market was 116 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.