Rio Rancho Southwest
This area west of Rainbow is still very sparsey popluated, with few single family site-built homes selling in a given year. Prices range from below $100,000 to upwards of $300,000.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$229,500High:$225,000High:$147,000
Low:$93,000Low:$124,000Low:$132,400
Average:$165,661Avg:$194,225Avg:$139,700
In 2007, 14 single family homes sold in this area. Average time on the market was 31 days.
In 2008, 4 single family homes sold in this area. Average time on the market was 154 days.
In 2009, 2 single family homes sold in this area. Average time on the market was 51 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.